Maximize Your Year-End Charitable Giving…
…While Minimizing Taxes
Time is running out to make a 2019 donation. There are benefits to donating funds to non-profit organizations and listed below are a few options to consider.
- Are you 70 ½ or older?
If you are 70 ½ or older, consider making a donation to assist our mission to end homelessness by using all or part of your required minimum distribution from your IRA (up to $100,000 a year)…which is excluded from taxable income.
These distributions can be a convenient way to transform lives and get a tax break while meeting tax requirements for IRAs.
“It’s a win-win – for people who would rather give to charity than pay taxes and for the not-for-profit organizations they choose to support,” said Dave McGowan, president of the DuPage Foundation.
Click here to see success stories your donations can make possible or here to see how your donation of any amount can help end homelessness.
- Gifts of Appreciated Securities
With a strong financial market, you have the opportunity to make an impactful donation by gifting shares of stock or mutual funds to DuPagePads. When donated, these gifts can be sold without incurring taxes.
Learn more about planned giving options here.
Contact your financial advisor for more information.
An Award Winning Agency!
DuPagePads has received awards for fiscal responsibility and non-profit managerial best practices. DuPagePads’ has earned a 4-star rating, the highest rating possible, from Charity Navigator, America’s largest independent charity evaluator.
From the Standards of Excellence Institute, the agency has received the Seal of Excellence, a voluntary certification program for organizations demonstrating the highest standards of operational and fiscal conduct. Additionally, DuPagePads has obtained the Platinum rating from GuideStar, which is the highest level and was awarded Oak Brook Chamber’s 2018 Exceptional Service Non-Profit of the Year.
A Strong Investment with Community Impact
“DuPagePads’ diversified funding base reflects sound fiscal planning by the staff and board. The strong history of giving from both the public and private sectors proves that the agency is an excellent steward of donations.
Investing in DuPagePads mission to end homelessness has the power to transform our community, one journey at a time,”
Pamela Sharar-Stoppel, DuPagePads Board of Directors Secretary and President & CEO of Wheaton Bank & Trust, A Wintrust Community Bank.
