For our donors who would like to donate investments to our organization – you CAN! A nice gifting strategy that many people utilize is a donation of appreciated investments. This in turn allows for a possible charitable deduction to you in addition to being able to forgo large taxable gains of that holding! We have partnered with TD Ameritrade and will be happy to give you the transfer instructions to provide to your financial organization.
For those of you who don’t know,
you can donate your RMD (Required Minimum Distribution) from your IRATax-Free! Here are a few items to know about this gifting strategy in order to keep it
tax-free to you:
A nice gifting strategy that many people utilize is a donation of appreciated investments. This allows for a possible charitable deduction to you, in addition to being able to forgo large taxable gains on that holding! We have partnered with TD Ameritrade and will be happy to give you the transfer instructions to provide to your financial institution.
Be sure to use code 11459 for the Tom Thumb Good Neighbor Rewards Program, and a percentage of your purchase will be donated to KidneyTexas.
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