Tax-Smart Ways to Give

Your gift can go further for you and Make-A-Wish.  

Transfer Appreciated Assets

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:

Give from your IRA

Donors 70.5 or older are eligible to give to Make-A-Wish South Carolina from their IRAs tax-free! These gifts 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:

More Information

Make-A-Wish Foundation of South Carolina Federal Tax ID: 57-0786119

Stock or Mutual Fund

To transfer stock or mutual fund shares to Make-A-Wish South Carolina electronically, provide these transfer instructions to your broker:
 

Brokerage: Edward Jones

Account Name: Make-A-Wish Foundation of SC

Account Number: 451-14605-1-3

DTC Number: 0057

Edward Jones Contact: Jensen Seear

Telephone Number: 864-990-5501

Contact Online
 

It is important that you authorize the broker to disclose to Make-A-Wish South Carolina the following information pertaining to the stock transfer so that your gift is efficiently identified: 

  • Donor name and address 
  • Name of stock and number of shares 
  • Estimated value 
  • Purpose of gift 

Please notify us when you are planning to make a gift of stock of mutual fund shares (see contact information below).

Qualified Charitable Distribution (IRA Rollover)

A Qualified Charitable Distribution, also known as an IRA charitable rollover gift, allows individuals 70½ or older to make an outright gift of up to $100,000 annually from an IRA directly to Make-A-Wish South Carolina (the distribution is not subject to tax).

Recap of Rules

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

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 South Caroina 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:

Amanda M. Osborne, Vice President of Mission Advancement

336.267.1577 [email protected]