02 Nov You Can Make a Gift You Never Thought Possible
Most charitable contributions are made via cash, checks, or credit cards. But did you know, there are even more tax-effective ways to support families who rely on Atlanta Ronald McDonald House Charities?
Gifts of noncash assets, such as stocks and other publicly traded securities, privately held business interests, like private stock and limited partnership interests, and other nonpublicly traded assets like cryptocurrency are all great ways to help.
The Charity also accepts gifts of life insurance, a charitable bequest in your will or living trust, retirement plan assets such as a qualified charitable distribution from your IRA, if you are at least 70.5 years old. And, if you have a Donor Advised Fund, it’s an even simpler way to donate.
By donating long-term appreciated assets to Ronald McDonald House Charities, you are eligible to claim immediate income tax deductions on the full fair-market value of the assets and possibly minimize capital gains taxes on their appreciation, potentially enabling you to give — and save — even more than you imagined.
As the end of year approaches, please consider donating your noncash assets to Atlanta Ronald McDonald House Charities. It is a savvy and effective way to help support the record number of families who rely on the services the Charity provides.
If you have any questions, or want to learn more about how you can help, visit the Leave a Legacy page or contact Marissa Greider, Senior Director of Philanthropy at Marissa.greider@armhc.org, or 678.704.8088.