Impact your community's future through gift planning

  • Your charitable gift will provide vital support to a fund at CommunityGiving which supports your favorite charities or important community projects, activities and initiatives
  • You can enjoy immediate or deferred tax benefits for you and your family
  • Your contribution will influence the well-being of others far into the future

Generosity comes in many forms, and it's our pleasure and privilege to help people find ways to get the most out of their giving. When you give to a fund at CommunityGiving, amazing things happen that truly make a difference in the lives of real people.

Planned Giving

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Gifts of Retirement Assets

Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a charitable gift.

If you are like most people, you probably will not use all of your retirement assets during your lifetime. You can make a gift of your unused retirement assets to help the causes you care about most through a fund at CommunityGiving or one of our partner foundations.

You can give up to $100,000 from your IRA directly to a charitable organization like CommunityGiving without having to pay income taxes on the gift. While the legislation does NOT allow transfer to donor advised funds, they can be used for other types of funds such as Designated, Field of Interest or Unrestricted funds.

Gift of Retirement Assets
Retirement Assets
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Benefits of gifts of retirement assets

  • Avoid potential estate tax on retirement assets.
  • Your heirs would avoid income tax on any retirement assets funded on a pre-tax basis.
  • Receive potential estate tax savings from an estate tax deduction.
  • If you have not taken your required minimum distribution for the year, your IRA charitable rollover gift can satisfy all or part of that requirement.

How to make a gift of retirement assets

To leave your retirement assets to CommunityGiving, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate CommunityGiving as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.

If you chose to make a gift of retirement assets during your lifetime, you will have the benefit of seeing the impact your gift is having on the community right now. To make a gift of retirement assets now, contact one of our staff for more information.

More on gifts of retirement assets

Did you know that 60%-70% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step up in basis, such as real estate and stock, and give the retirement assets to CommunityGiving. As a charity, we are not taxed upon receiving an IRA or other retirement plan assets.

Contact us

If you have any questions about gifts of retirement assets, please contact us. We would be happy to assist you and answer any questions that you have.

Please let us know if you have already included CommunityGiving as a beneficiary of your retirement assets. We would like to thank you and recognize you for your gift.

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