Tax-Savvy Ways to Give Before December 31st

Want to make a bigger impact and maximize your year-end tax benefits?

There are several tax-smart ways to give before December 31st that can help you support local families while saving on your taxes.

  • Stocks or Appreciated Assets: Donate stocks, bonds, or mutual funds to increase your impact. Avoid capital gains tax and enjoy a deduction based on the asset’s full market value.
  • Qualified Charitable Distributions (QCDs): If you’re 70½+, make a QCD directly from your IRA to United Way to satisfy your Required Minimum Distribution (RMD) tax-free.
  • Donor-Advised Funds (DAFs): DAFs allow you to contribute assets, take an immediate tax deduction, and recommend grants to charities like United Way.
Stock

Gift of Stock 

Click HERE to make a gift of stock to support hardworking families

QCD

QCD

Click HERE to make a qualified charitable distribution (QCD)

DAF

Donor Advised Fund (DAF)

Click HERE to discover a unique and effective way to give

Why Consider These Alternatives to Cash Giving?

Each of these giving methods has unique tax advantages that can make your charitable contributions more effective. By leveraging these options, you can potentially donate more and have a greater impact on our community programs. Additionally, these methods allow for a more strategic approach to philanthropy, aligning your charitable giving with your overall financial planning.

Thank you for your steadfast support and for considering these powerful ways to make a difference. Together, we can continue to pave the way for a brighter future for all in our community.

Questions? Contact us at Finance@unitedwaycwc.org or 203-297-6305.