With the end of 2018 just weeks away, life has moved into high-gear with holidays fast approaching and the many tasks that come with making the holidays special for family and friends. Along with holiday festivities, many of us are considering our year-end charitable gifts. Here at NETRF, our year-end is typically the busiest time of year for receiving donations and we are fortunate that so many include us when making their year-end gifts. We are preparing for a fun #GivingTuesday on November 27th and other year-end activities to entice our supporters, old and new, to once again give to NET research and we continue to fund the most promising and innovative NET science around the globe.
There are many ways to make your year-end gifts and here are just a few ways that will not only benefit NETRF but also provide tax benefits to you and your family.
Gifts of Securities
By donating long-term, appreciated securities directly to NETRF, you will receive a tax deduction for the full, fair market value of the stock and not incur capital gains tax on the stock’s growth. Oftentimes you can use appreciated securities to make a larger donation and receive an immediate tax deduction. We recommend that you contact your financial advisor to decide if you want to make this type of donation.
Donor Advised Funds (DAF)
A donor-advised fund is a philanthropic fund established at a financial institution and an easy way to distribute your annual donations to the charities of your choice. DAFs are the fastest-growing charitable giving vehicle in the United States because they are one of the easiest and most tax-advantageous ways to give to charity. You can make a charitable contribution to your DAF, receive an immediate tax-benefit, and then can recommend grants from the fund throughout the year.
Corporate Matching Gifts
NETRF has been fortunate to benefit from many corporate match gifts over the years. You can multiply the value of your donation by linking to your company’s matching gift program. Many companies match the charitable contributions made by their employees dollar-for-dollar. This is an excellent way to increase your gift’s impact. Connect with your Human Resources department to inquire about their matching gifts program. Your company will handle all the processing and require only minimal effort by you. Inquire today and see how you can multiply the value of your donation!
Memorial or Tribute Gifts
These gifts are a thoughtful way to recognize and celebrate life events. When you make a tribute donation honoring a loved one, we will swiftly notify the individual or family that you have chosen to honor, informing them of your thoughtfulness.
Additionally, all gifts to NETRF during the end-of-year will be matched dollar-for-dollar through our Spark Hope campaign. Consider making your gift today!