Just like a good field guide helps you spot wildlife or navigate a trail, a few simple giving strategies can help you maximize the benefits of your generosity in the wake of recent tax law changes. Here are two tax-smart ways to support the prairies, woods, and family farms you care deeply about.
Trail Marker #1: Give from Your IRA
If you’re 70½ or older, you can make a gift directly from your IRA through a Qualified Charitable Distribution (QCD). This type of gift can count toward your Required Minimum Distribution while reducing your taxable income, making it one of the most tax-efficient ways to support conservation.
Trail Marker #2: Use a Donor-Advised Fund
A donor-advised fund (DAF) offers a flexible way to plan your giving. You can contribute assets, receive a tax deduction in the year the gift is made, and recommend grants to nonprofits over time. Some donors also “bundle” multiple years of giving into a single contribution to maximize deductions. We’ve made it easy – you can give directly from your DAF through our website and processor every.org.
___________________________________________
We’re here to help.
You don’t have to navigate these options alone. We’re always happy to help you explore ways to give and answer questions — working alongside you and your tax advisor to find the approach that best fits your goals.
With a little planning, tax-smart giving strategies like these can help ensure lasting support for the land, water, and wildlife that make southern Illinois so special.
___________________________________________
To learn more about ways you can support our region’s wildlife habitat, open spaces, and family farms, contact Mary Vandevord, President & CEO, at (618) 566-4451 ex 20 or email ma**@*******************cy.org