Advantageous Ways to Donate to Living Hope International

Our donor community has asked about donating in ways that increase the gift to the ministry and maximize their tax advantages. We are excited to introduce a few methods that benefit the ministry and our faithful donors.

Donate Stock

A gift of stock may provide more benefits than a cash gift. You will receive tangible tax benefits while also supporting the mission.

How it Works:

  • You are holding stocks that have risen in value since their purchase date

    • Highly appreciated stocks incur capital gains tax when sold 

    • The more a stock has gone up since purchase, the bigger the taxable gain

  • By donating these securities directly to a charity, capital gains tax can be avoided

Benefits of Donating Stock:

  • Maximize your charitable deduction 

    • You can deduct the full fair market value of the donated stock 

  • Retain your more liquid assets such as cash or bonds

  • Avoid capital gains tax on the donated stock

    • Donating stock is a larger gift than selling and donating the after-tax proceeds

Donate from your IRA

A qualified charitable distribution (QCD) of funds can be made directly from your IRA to Living Hope International, resulting in tax benefits for the account owner.

How it Works:

  • The IRS mandates a Required Minimum Distributions (RMD) from certain tax-deferred accounts (such as an IRA) each year

    • Many individuals do not need the money for living expenses

    • Distributions are taxed at the account owner’s income tax rate 

  • An individual can avoid income taxes on the RMD by donating the distribution 

    • A qualified charitable distribution (QCD) is made directly to a charity

Benefits of a Qualified Charitable Distribution:

  • The dollar amount of the gift can be excluded from your taxable income 

    • An account owner can exclude a maximum of $108,000 annually via QCD

  • The distribution fulfills your Required Minimum Distribution (RMD) for the year

  • A QCD lowers your adjusted gross income (AGI) which can have additional benefits

    • Possible reduction of Medicare premiums 

    • May reduce the taxable portion of Social Security benefits

    • Avoidance of the Net Investment Income Tax (NIIT)

Donate from your Donor Advised Fund

Donor-advised funds are the fastest-growing charitable giving vehicle, popular due to the simplicity, tax-advantages, and flexibility.

How it Works:

  • A donor makes a tax-deductible contribution of either cash or securities into a DAF account 

  • The contribution can be invested and will grow tax-free until it is granted to a charity

  • When the donor is ready, they can direct grants to their desired charity

Benefits of a Qualified Charitable Distribution:

  • Contributions are immediately tax-deductible

    • Donor can avoid capital gains by contributing appreciated stock to DAF account

    • This provides flexibility if you want the deduction but haven’t decided on a charity

  • The donation can be invested, which could increase the amount available for grants 

    • Investments gains are not taxable in a DAF account 

  • Accounts are offered by a sponsoring organization that handles the administrative tasks

Our Financial Advisor is ready to assist you with any of the donation methods above. For more information on donating to Living Hope International with stock, a qualified charitable distribution, or a donor-advised fund, please see the contact details below.

Contact Information:

Nathan Peterson

Partner

Financial Advisor, RJFS

6805 Carnegie Blvd., Suite 380
Charlotte, NC 28211

704.926.9800

Branch # BVJ

WWW.CYGNUSAM.COM 

Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Cygnus Asset Management, LLC is not a registered broker/dealer and is independent of Raymond James Financial Services.