You can now support the gift of clear vision for people in need while receiving tax advantages by donating publicly traded stock.
Stock donations can be a benefit to you while simultaneously making a worldwide impact through your support of RestoringVision. When you donate stock, you are entitled to a charitable income tax deduction for the fair market value of the gifted securities as of the date of the gift. Capital gains tax is eliminated since you are donating the securities directly to a charity versus selling them on the open market. A gift of stock also allows you to remove the appreciated asset from your taxable estate. To support our work by donating stock, please contact us at email@example.com.
In addition, you can now also make IRA Qualified Charitable Distribution (QCD) to RestoringVision. Creating a tax-free QCD from your retirement assets can help you to provide the gift of clear vision to people living in extreme poverty around the world — while simultaneously saving on your taxes.
QCD helps to:
- Reduce your current and future tax liabilities
- Count towards your annual required minimum distribution
- Create equitable access to vision services and eyeglasses for people living on less than $2 a day, many of whom live in the most remote parts of our world.
These gifts are excluded from your taxable income and count toward your annual required minimum distribution, making them an impactful and fiscally responsible way to give back.
Please reach out to your financial institution or accountant to find out if you’re eligible to donate funds from your IRA to RestoringVision, and contact firstname.lastname@example.org for more information on how to get started.
We look forward to partnering with you in our commitment to solve the global vision crisis together!