Contribute to your donor advised fund.
Give appreciated assets rather than cash
By gifting appreciated securities to a nonprofit, you are able to take a tax deduction on the current market value of your gift and avoid capital gains taxation.
Consider “bunching” gifts for maximum tax benefit.
Many donors are choosing to make larger contributions to their DAFs and “bunch” several years’ worth of donations for maximum tax advantage.
Use your IRA to support a field of interest fund or the Foundation’s unrestricted fund, The Garrison Fund.
Donors who are 70.5 years and older can gift up to $100,000 from their retirement accounts to charity tax-free. Although the IRS prohibits tax-free distributions from being donated to your DAF, donors are allowed to use these funds to support our Garrison Fund or a field of interest fund. Field of interest funds allow donors to support grant making for a specific issue (arts, environment, healthcare, etc.).
Consider engaging your friends and relatives in GCF’s Next Generation, which unites donors with their peers to learn about philanthropy. This program is for successor advisors, community leaders, friends of the Foundation and grandchildren interested in philanthropy and working with GCF.
An investment in our Garrison Fund supports our philanthropic leadership, especially the research, convenings and community outreach that is part of our strategic planning initiatives.
Explore employer matching gift programs.
Businesses may match a portion of their employees’ charitable gifts. Ask your employer if this type of program exists at your workplace.
2021 Contribution Deadlines
Year-end contributions must be postmarked by December 31.
Credit card gifts must be made by midnight on December 31.
Real estate and partnership assets must have a title transferred/assigned by December 27.
Gifts of stock must reach GCF’s account by December 31st for a 2021 gift.
Questions? Contact us at 704-864-0927
