Give appreciated securities
By gifting appreciated stocks, bonds or mutual funds, you receive an income tax deduction for the full value of your gift and avoid costly capital gains tax. You may also sell stock that has gone down in value, gift the proceeds and apply the realized loss on your 2021 tax return.
Give from your IRA
If you are 72 or older and must take a required minimum distribution from your traditional IRA, you may roll over up to $100,000 to your favorite charity. The charitable transfer isn’t considered income, so it’s tax-free, and it counts toward your minimum distribution. To qualify, your IRA trustee must send the funds directly to your church or charity.
Give from a will or trust
A bequest from your will or trust is a way to leave a lasting legacy. Just add a one-page addendum or codicil to your document to make the bequest. If you choose to support Kettering Health Foundation, please inform us so we may thank you for your incredible generosity.
Give now, make a difference over time
A donor advised fund lets you make a tax-deductible gift now and additional distributions over time. You make an initial gift to a foundation of your choosing and then periodically advise how the fund should be distributed to your favorite charities. The fund will be invested so it can grow, and you may add to it at any time. It’s a convenient, low-cost alternative to a family foundation. Don’t forget you can name Kettering Health Foundation as a beneficiary for the fund.
Give now, get income for life
Life income arrangements, like charitable trusts and gift annuities, combine a gift to your favorite charity with income and tax benefits for you or your family. With charitable gift annuities administered by the foundation, for example, donors receive an annual rate of return and an immediate tax deduction for a portion of the gift. At the donor’s death, the remaining value of the gift annuity is distributed to the program of your choice.
Kettering Health Foundation does not provide tax or legal advice and encourages all donors to consult with their financial or tax advisor before making a gift to determine what’s best for them.