Year End Giving Tips 2019
Thank you for partnering with Guiding Eyes for the Blind through your generous support. As the end of the year approaches, please consider the following gift options — they may be an excellent way for you to further our work!
Gifts of Appreciated Securities
For many of our supporters, it makes tax sense to contribute appreciated securities (stocks, bonds and mutual funds) to Guiding Eyes. Gifts of securities owned more than a year that have grown in value over the original cost are deductible at full fair market value, just like a gift by check. Also, capital gains tax on the built-up value of the securities is avoided.
IRA Charitable Rollover
A tax incentive known as the IRA Charitable Rollover (also known as a “Qualified Charitable Distribution”) enables our friends who are 70 ½ or over to support Guiding Eyes through a tax-free withdrawal of any amount up to $100,000 from an individual retirement account (“IRA”), if the withdrawal is transferred directly to our organization. Your rollover gift counts towards your required minimum distribution and may be a particularly wise choice for those supporters who do not itemize deductions for income tax purposes.
Please click here for more information and frequently asked questions. For more information, please contact Gail Resnikoff, Director of Planned Giving at 914-234-2237
To learn more about opportunities for supporting the Guiding Eyes mission, please visit More Ways to Give.