Start a tradition of non-cash giving by considering a donation via Qualified Charitable Distribution, Donor-Advised Fund, and/or Stock Gifts. Each offering brings unique tax advantages, allowing you to magnify your impact on Millikin while optimizing your financial strategy.
Qualified Charitable Distributions (QCDs): A direct transfer of funds from your IRA to a nonprofit, counted towards your required minimum distributions for the year, without treating the distribution as taxable income.
Donor-Advised Funds (DAFs): Like your own charitable savings account, you contribute to the fund as frequently as you like and then recommend grants to nonprofits like ours, all while potentially earning immediate tax benefits.
Stock Gifts: Donating appreciated stocks can potentially help you avoid capital gains taxes and claim a tax deduction based on the full market value of your stocks.
Join our community of innovative givers today and make an enduring impact at Millikin. To learn more, please contact Dan Baker, Senior Director of Development, at email@example.com or 217-424-3757.