QCD-IRADonors age 70 1/2 or older are again eligible to transfer more than $100,000 from their IRA's directly to qualified charities-including the Joseph & Elizabeth Shaw Public Library-without having to pay income taxes on the funds transferred.
The Qualified Charitable Distribution will go from $105,000 in 2024 to $110,000 in 2025. |
Appreciated StockDo you own appreciated stocks? Stock gifts present a great opportunity to support the library's mission, because your gift is mutually beneficial- we receive the full value of the stock, while you avoid paying capital gains tax.
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Legacy/BequestYou can give a gift that costs nothing in your lifetime, but can benefit thousands of people in our community, for years to come.
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Donor Advised FundsDonor Advised Funds (DAF) are the fastest growing giving method to manage charitable donations. DAFs allow donors to make a charitable contribution, receive an immediate tax deduction, and then recommend donations to non-profit organizations from their fund over time. Please note that per the Internal Revenue Code, you cannot receive goods, services, or impermissible benefits, like membership benefits, as a result of the DAF gift.
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