3 Ways You Can Make Individual Charitable Contributions
Did you know that the U.S. Health Resources and Services Administration reported that 14 to 19 percent of U.S. children have a chronic physical, developmental, behavioral, or emotional condition? The families of these young ones often struggle to pay for treatment and may need help from charities. Thankfully, there are many ways you can give to qualifying charitable organizations to help these children and their families.
Stocks and Securities: A Powerful Gift That Keeps on Giving
Stocks are one of the best ways to give to qualifying charitable organizations. First of all, when you donate any of your appreciated stock shares, you receive a tax-itemized deduction for the stock’s value.
Just as importantly, this option lets you bypass many different confusing legal concepts, such as federal capital gains and other tax concerns.
Matching Gift: A Unique Way to Expand Your Donations
If you’re interested in qualifying charitable organizations and want to boost the amount of money you donate, talk to your employer about gift matching. Many businesses around the nation engage in philanthropic gift-giving and are more than willing to match your gift.
You may have to do some paperwork to ensure that your gift is doubled correctly and work with your employer on this step to ensure that you do it properly.
Vehicle Donation: A Simple Method for Life Transformation
Those who own vehicles that they no longer want may find donation a powerful way to change someone’s life for the better. For instance, if you own a boat that you don’t use, you can donate it to a charity to give it to somebody who would use it. The same is true for items like cars, motorcycles, and scooters.
Many qualifying charitable organizations take these items and sell them at charities and then use the money to help fund various medical treatments and other necessary care options. This helps you to donate a large amount of cash without dipping into your bank account.
Donate Today to Help Others
You can make a real difference in someone’s life by giving your time and money and helping to provide comfort and support. Not to mention, you can get a tax credit for your donation to a qualifying charitable organization like Ryan House. Contact Ryan House today to learn how you can donate or get involved to provide a positive impact in the lives of Arizona’s most medically fragile children and their families.