Tax-Smart Ways to Give

Nominee wished to be a vet

Make-A-Wish Central & South Texas Federal Tax ID: 74-2357788

 

Stock or Mutual Fund

Many donors prefer to make gifts of appreciated stocks, bonds, mutual funds, or exchange traded funds because it can have a large impact on our mission, while maximizing potential tax benefits by avoiding paying tax on capital gains.

If you would like to transfer your appreciated assets you can:

Qualified Charitable Distribution (IRA Rollover)

Donors 70.5 or older are eligible to give to Make-A-Wish Central and South Texas from their IRAs tax-free! These qualified charitable distributions are always tax-free, regardless of whether or not you itemize deductions on your tax return.

To get started on your gift today use this free online tool. You can:

Recap of Rules

  • The IRA account holder must be age 70½ or older at the time the distribution is made to Make-A-Wish Central & South Texas
  • Distributions are limited to $100,000 per individual per year and must be transferred directly from the IRA custodian to Make-A-Wish Central & South Texas
  • Distributions can only be directed from a traditional or Roth IRA
  • The distribution must be an outright gift to Make-A-Wish Central & South Texas

Benefits

  • Satisfies all or part of annual required minimum distributions (RMD) and provides a charitable giving strategy for donors who do not need the additional income
  • The rollover amount is a tax-exempt distribution and not subject to income tax
  • Maximizes giving by allowing donors to give outside of the charitable deduction limit
  • Provides value for those who do not itemize
  • May be used to fulfill any outstanding pledges

You should work closely with your IRA custodian to request a direct distribution to Make-A-Wish Central & South Texas. Please notify us when you are planning to make a Qualified Charitable Distribution (see contact information below).

The above information is intended to assist you in your tax, estate, and charitable planning. It is not intended as legal or tax advice. For such advice, please contact an attorney or financial advisor.

For more information, contact:
Emily Franke
Chief Development Officer
Phone: 512-559-6112
Email: [email protected]

Donor Advised Funds

It's easy to make a gift to Make-A-Wish through a donor advised fund (DAF). If you have an account with Fidelity Charitable, Schwab Charitable, BNY Mellon, access the DAF Direct link to make a gift conveniently from your account. Fill in the institution, the designation (how the funds are to be used) and the gift amount.

We appreciate and thank you for your support.
Give through your Donor Advised Fund by directing your gift to:

Make-A-Wish Central & South Texas

3600 Bee Caves Road #100

Austin, TX 78746

Federal Tax ID: 74-2357788

A Donor Advised Fund, or DAF, is a charitable giving vehicle that allows you to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from your fund over time. You can contribute to the fund as frequently as you like, and then recommend grants to your charities, like Make-A-Wish Central & South Texas, whenever it is convenient for you.

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      Monthly Donations Through a DAF

      You can schedule monthly gifts to Make-A-Wish Central & South Texas through your Donor Advised Fund. Your monthly gift replenishes the "wishing well," granting wishes every month to a different wish child.
      You can also make monthly gifts via credit card. Click here to learn more.

      Designate Make-A-Wish Central & South Texas as your DAF Beneficiary

      Just as you can include a charity as a beneficiary of your IRA or insurance policy, you can name Make-A-Wish Central & South Texas as the successor beneficiary of your Donor Advised Fund.

      For more information, contact:
      Emily Franke
      Chief Development Officer
      Phone: 512-559-6112
      Email: [email protected]

      Gifts of Cryptocurrency

      Cryptocurrency is one of the fastest growing assets used to support nonprofits. If you would like to use your crypto to make a gift to Make-A-Wish Central & South Texas and grant wishes this year, please visit https://www.cryptoforcharity.io/ and select us from the “Choose a nonprofit” drop-down menu. For more information, contact Emily Franke at 512-559-6112 or at [email protected].