Stocks, DAFs, and IRA Gifts
A gift to BCBS of stock, a donor-advised fund grant, or a qualified charitable distribution (QCD) from an Individual Retirement Account (IRA), allows us to continue offering transformational classes (both onsite and online), care for our facilities and keep our fees affordable.
A gift of appreciated assets such as stock can provide a tax deduction for you for the asset's full market value at the time of donating. It can also eliminate any capital gains tax you might otherwise incur from the sale. Please consult first, however, with your tax advisor to understand your specific situation.
To offer a gift of stock:
- Please complete our stock donation form (PDF or Word).
- Forward it to your broker.
- Then email Richard Henning (email@example.com), our Executive Director, or call 978-355-2347 ext. 21 to let us know your transfer of stock has been initiated
Donor-Advised Fund Gifts
Donor-advised funds (DAFs) are an increasingly popular charitable giving vehicle. If you hold a DAF account, please consider recommending BCBS for a grant.
Beginning at age 72, retirement account holders are required to take Required Minimum Distributions (RMDs) from tax-deferred retirement accounts like IRAs. You must pay taxes on these distributions.
If you find you don’t need all the funds, consider making an IRA-qualified charitable distribution (QCD), also known as an IRA charitable rollover. You can distribute up to $100,000 directly from a Traditional IRA to qualified charities each year, tax-free. QCDs count toward your RMD and won’t be included in your taxable income–potentially reducing your taxes and ensuring that the entirety of your gift reaches BCBS.
You can also name BCBS as the beneficiary of your IRA, 401K, or other qualified retirement plans.
Contact your plan administrator for more information on how to give.
Employer Matching Gifts
If your employer offers a matching gift program, you can greatly increase your gift to BCBS! Contact your employer to determine if this is an option, and email our Executive Director Richard Henning (firstname.lastname@example.org) with any questions.
May your generosity benefit all!