Smart Giving, Greater Impact
Smart Giving From Your IRA
More HSPPR supporters are turning to this type of giving to make a greater impact on our mission and their taxes.
You can give any amount (up to a maximum of $100,000 per year) from your IRA to a qualified charity such as HSPPR without having to pay income taxes on the money. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution (QCD for short). A gift directly from your IRA generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions. And, beginning in the year you turn 72, you can use your gift to satisfy all or part of your required minimum distribution (RMD).
We have a new tool that allows you to safely and easily ask your IRA custodian to send a gift – it provides all of the necessary information you would need from us. In just a few minutes, you can get significant tax savings and have a big impact!
Stock Gifts Save Lives and Taxes
Stock gifts present a great opportunity to support HSPPR’s lifesaving work and make a larger impact than you ever thought possible.
Do you own stock that has grown in value? When you donate appreciated stock held for at least one year, we receive the full value of the stock and you avoid paying capital gains tax (which can be as high as 20%). You receive the same income tax savings that you would if you wrote a check, but with the added benefit of eliminating capital gains taxes.
Set Up a Donor Advised Fund
This charitable support simplifies your giving and supports the lifesaving work of HSPPR for years to come.
A donor advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to qualified charities like HSPPR. Many HSPPR supporters have used a stock gift to establish their DAF with the charitable arm of Schwab, Fidelity, Vanguard, or another similar custodian. They receive a charitable deduction for the amount of that initial stock gift into the DAF and also avoid the capital gains tax.
Make an Impact With Crypto
Donating cryptocurrency is safe, easy, and tax-efficient.
Did you know donating crypto directly to HSPPR potentially saves you money on two types of taxes? You avoid paying capital gains tax and receive a full federal income tax deduction for the value of your crypto. Best of all, you’ll help us care for every animal who needs us this year! Simply click Get Started below and type Humane Society of the Pikes Peak Region in the nonprofit search box.