As we approach the end of the year, your support has never been more vital to the countless individuals striving for a second chance. Your generosity is the bridge that turns hope into reality for many. We invite you to join other supporters who are making a significant impact through planned and major giving. By considering a year-end gift to Bridges to Hope, you are not only assisting those in need but also making a "tax-smart" contribution.
Like many of our supporters, you may want to consider donating directly from your IRA. This is known as a Qualified Charitable Distribution, or IRA Charitable Rollover, and it can be a tax-efficient way to support Bridges to Hope. A qualified charitable distribution (QCD) allows individuals who are 70½ years old or older to donate up to $100,000 total to one or more charities directly from a taxable IRA. Here are a few important details:
A Qualified Charitable Distribution (QCD) enables individuals to give directly from your IRA without the distribution counting as taxable income
If you have a required minimum distribution from your IRA, making a QCD to Bridges to Hope counts toward your required minimum distribution without counting as taxable income
You can make a qualified charitable distribution by informing your IRA custodian that you want to donate to Bridges to Hope directly from your IRA
As we approach the end of the year, consider utilizing these tax-advantaged methods to make the most of your charitable giving. Whether it’s a gift of stock, a grant from your Donor Advised Fund, or a Qualified Charitable Distribution from your IRA, these strategies can benefit both you and the lives touched by Bridges to Hope. We encourage you to work with your financial or legal representative today! Bridges to Hope is a 501(c)(3) organization and our Federal Tax ID number is: 26-4471102.
We are continuously grateful for the generous support of our donors. Your contributions not only aid in the present but lay the foundation for a future filled with opportunity for those we serve.
Thank you for standing with us in the mission of Second Chances.
Hope Village Development Assistant
P.S. Stay tuned for more details on the Hope Village Capital Campaign coming soon! Your proactive contribution will make the village a reality!