Tax Advantaged Giving to support Sonoma County Regional Parks:
Your financial support makes parks and programs accessible to everyone! Your annual gift or a single donation to support the needs of a specific park or program are welcome anytime. Here are ways you can utilize tax savings and support the parks you love.
A gift of appreciated securities is a smart way to support the Parks Foundation and reduce your capital gains tax liability. Donating highly appreciated assets including stock, mutual funds and bonds can provide you with significant tax benefits, as you can deduct the full fair market value of assets held longer than one year. To make a stock donation, please follow these steps.
So that we can accurately record your stock gift, acknowledge you properly and provide you with a receipt, please contact us by email to let us know your gift is on its way. This will add to the information provided by your financial institution and ensure the smooth processing of your gift. |
Giving through a donor advised fund (DAF) gives you the flexibility to recommend how much and how often funds are granted. If you have a DAF, please consider recommending a donation, or recurring donations to make an immediate impact now – or use your fund to designate future charitable gifts.
So that we can accurately record your DAF gift, acknowledge you properly and provide you with a receipt, please contact us by email to let us know your gift is on its way. This will add to the information provided by your financial institution and ensure the smooth processing of your gift.
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A Qualified Charitable Distribution (QCD) is a tax-deductible gift that can be directed to the Sonoma County Parks Foundation from your IRA. A QCD may make sense for you if you're over age 70 1/2, were already planning to make a charitable gift, and want to avoid your IRA distribution shifting you into a higher tax bracket. To make a Qualified Charitable Distribution, contact your IRA custodian. Be sure to make your gift directly from your IRA to the Sonoma County Parks Foundation to ensure your tax benefits. This article from Charles Schwab explains how a Qualified Charitable Distribution from your IRA optimizes the tax benefits of charitable giving.
https://www.schwab.com/learn/story/reducing-rmds-with-qcds |
Your financial support makes parks and park programs accessible to everyone!
Please visit our Giving Levels & Benefits page to learn more about special invitations and acknowledgement opportunities for donors..
