Considering ways to end the year and support your passion for wildlife? December is a great time to make a gift to Ohio Wildlife Center to honor or remember a special person and create a legacy. There is still time to help wildlife for years to come. When you give, they return to the wild. Here are some options to consider:
Consider gifts of appreciated securities. Contributing stocks, bonds or mutual funds that have appreciated over time can generate tax savings through direct donation to a nonprofit. Check with your financial or tax advisor for options and strategies to direct a non-cash donation. For information on completing a stock transfer donation to Ohio Wildlife Center contact Julie Conry at jconry@ohiowildlifecenter.org
Consider a Qualified Charitable Distribution (QCD) from an IRA.The qualified charitable distribution option (QCD) offers those 70 ½ or older who have an IRA a way to reach charitable goals and meet required minimum distribution requirements. QCDs are limited to $100,000 per person per year and $200,000 for couples with separate IRAs. Your charitable IRA gift may count toward your yearly required minimum withdrawal. Your tax and financial advisor can provide professional guidance on giving goals and tax benefits through an IRA.
Double your giving. Many companies and businesses have workplace matching gift programs that will match employee contributions to nonprofits. It’s a seamless way to double your gift to Ohio Wildlife Center. Check with your company’s Human Resources office for the guidelines and forms to double your donation.
Pay it forward. Pledging a monthly gift to Ohio Wildlife Center ensures your generosity will make a difference all year long. Monthly gifts are an affordable and simple way to extend the holiday spirit through all the seasons. To set up a monthly pledge click here, or visit our Patreon page.
Remember the deadline. All gifts to Ohio Wildlife Center must be completed by midnight on December 31, 2019 to receive a charitable deduction for the 2019 tax year. Gifts of stocks or securities or IRA distributions may require 2-3 weeks to process at year end.
Giving for the future. For a future gift that can create a legacy for you and your family, consider setting up a bequest, or making Ohio Wildlife Center the beneficiary of a retirement plan such as a 401(k), 403(b), or an IRA. By directing all or a portion of assets in a retirement account to Ohio Wildlife Center, you can ensure an impact for the organization for generations. Also, a simple and versatile way to help wildlife into the future is to set up a gift through your will, known as a charitable bequest. Creating a lasting legacy through a bequest can be achieved with cash, securities, real estate, insurance benefits, and IRA’s. Giving through an estate plan perpetuates your values, allows control of assets during the donor’s lifetime and provides tax advantages that help preserve estate assets.
For questions on year-end giving options, bequests or pledges, or to plan your 2020 giving, please contact Julie Conry at Ohio Wildlife Center (jconry@ohiowildlifecenter.org) or call 614-734-9453.