A corporation can make and deduct charitable gifts and be recognized for their support.
There are distinct tax advantages to considering gifts of appreciated securities such as stocks, bonds, and mutual funds. Donors do not incur capital gains tax on appreciated securities given for charitable purposes and the full value qualifies for a charitable tax deduction.
Donor Advised Fund
A grant recommendation from your Donor Advised Fund (DAF) is a wonderful way to put previously designated charitable funds to use for the health of our community. Contact us to discuss options for using grant recommendations from your DAF as part of a multi-year gift strategy.
Qualified Charitable Distribution (QCD from an IRA)
Donors age 70 1⁄2 and older can make a direct transfer of up to $100,000 per spouse from an individual IRA to a UnityPoint Health hospital foundation. The gift is credited against the required minimum distribution; it is not taxable or deductible.