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Posted by Heather Sherwin

A Guide to the Year-End Giving Season

November 21, 2018

Foundation News, Giving Better

Want to make the most out of your charitable giving before 2019? Let us help you make an impact this holiday season.

Already have a fund with Central Carolina Community Foundation? It’s the perfect time to add to your fund. 

When you contribute to your charitable fund, you aren’t just giving money – you’re making a positive impact on our community. Take advantage of the knowledge and expertise of our staff – we’re happy to help!

Contributions can be made in a number of ways. To ensure that your gift is credited to the 2018 tax year, keep in mind the following dates:

  • Check or Stock Certificate: Must be postmarked on or before 12/31/18.
  • Gifts of appreciated stock should be transferred by 12/26/18. Notify the Foundation of the transfer as soon as possible.
  • Gifts of complex assets, such as real estate, closely held business interests or stock, and planned giving vehicles should be discussed with your advisor or the Foundation as soon as possible.
  • If you’re 70 ½ or older and want to contribute some of your IRA required minimum distribution tax-free, ask us about the IRA Charitable Rollover as soon as possible.

Giving From Your Fund 

Donors wishing to make grant recommendations from your fund to your favorite nonprofits organizations should contact Cortney Bailey at cortney@yourfoundation.org by December 17 to ensure their arrival to nonprofits by the end of the year.

Give now – decide later. Start a fund with Central Carolina Community Foundation.

Are you seeking a way to make giving easier this year? Or, are you planning for a charitable tax deduction but are undecided about which nonprofits to support? Consider opening a charitable fund at Central Carolina Community Foundation.

You can claim a deduction in this calendar year for your contributions to the fund even though distributions from the fund might be made in future years. Our staff can help you organize and simplify your charitable giving.

Contact Heather Sherwin at 803. 978.7831 to learn which fund options best fit your charitable goals. Your fund can be set up with as little as one phone call!

We wish you and your families a very happy season of giving.

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