Donations made by cash, check or credit card are, by far, the most common methods of giving to Five Rivers, however we also offer the options below if you prefer to use them.
Qualified Charitable Distribution (QCD) from an IRA
If you are at least age 70 ½, have an IRA and plan to donate to Five Rivers this year, another option may be to make a Qualified Charitable Distribution (QCD) from your IRA. This action can satisfy charitable goals and allows funds to be withdrawn from an IRA without any tax consequences. A QCD can also be appealing because it can be used to satisfy your required minimum distribution (RMD).
Give Appreciated Stocks, Bonds, or Mutual Funds
Contributing stocks, bonds, or mutual funds that have appreciated over time has become increasingly popular in recent years. Most publicly traded securities with unrealized long‐term gains (meaning they were purchased more than a year ago and have increased in value) may be donated to 501(c)3 nonprofit, without the need to sell them first. When the donation is made, the donor can claim the fair market value as an itemized deduction on his or her federal tax return.
If either of these tax advantaged options appeal to you, please contact Executive Director Beth McGuinn for more information at email@example.com or 603-225-7225. Additionally, please consult your tax advisor to make sure these are right for you.