1. Matching Gifts - current or former employer matching gift program, name NNCA as the recipient and double the impact of your donation. Submit the employer’s required paperwork with the donation so the NNCA can apply for the matching funds.
2. Stocks and other equities - get a charitable income tax deduction for the value of the transferred assets and avoid capital gains tax on appreciated stock, bonds or mutual funds. The NNCA Treasurer and the NNCA financial advisor can assist a broker with the transfer.
3. Required Minimum Distributions (RMD) - Direct roll over into a qualified charitable organization avoids income tax liability on all or part of an annual RMD. Donors should contact the NNCA Treasurer and the agency holding the retirement funds to find out how best to transfer assets to NNCA to avoid tax obligations.
4. Wills, Trusts and Insurance - Designating NNCA as an estate beneficiary, with a set amount or a percentage, can have significant tax benefits. Contact an attorney to incorporate such designations into end of life planning documents.
As with any charitable donation, individual circumstances dictate the exact tax and estate benefits that accrue, so consult an attorney or financial advisor. The NNCA Treasurer and the NNCA investment advisor can assist members with the donation options discussed above.
The NNCA Treasurer can be contacted via email firstname.lastname@example.org or telephone number available in the NNCA Directory.