Paws for Life NC Announces New Ways to Give
- Cindy Paws for Life NC
- Jun 10
- 2 min read
Updated: Jul 11
A way to make a lasting contribution to Paws for Life NC is by donating appreciated stocks, granting through a Donor Advised Fund (DAF), making an endowment, or making a qualified charitable contribution from your IRA. 501(c)(3)
Paws for Life NC has partnered with registered investment advisor, Infinite Giving LLC. They provide us nonprofit expertise, fiduciary services, and award-winning technology to easily facilitate these types of donations. We make it simple to donate. It only takes a few minutes with our new online tool on our website donation page. https://www.pawsforlifenc.org/givingoptions
Donating stock, especially highly appreciated securities instead of cash, can be an effective and tax-efficient way to support a charity. When you contribute stocks directly to Paws for Life NC, we receive the full proceeds from the sale, and you eliminate capital gains exposure and can deduct 100% of the value of the contribution on your taxes.
Grant from your Donor Advised Fund (DAF). A DAF account is a simple, tax-smart investment option for charitable giving. Establish a charitable giving account to be eligible for an immediate tax deductible donation. Then choose Paws for Life NC to receive a grant from your donor advised fund.
Establish an endowment from which an annual distribution provides predictable income to help support Paws for Life NC’s organizational expenses. Your endowment will make a lasting legacy for years to come.
Make a Qualified Charitable Distribution (QCD) directly from your IRA to Paws for Life NC, when you are at least 70 ½ years old. Your IRA distribution is tax free when proceeds go directly to Paws for Life NC.
As always, contact your financial advisor and tax accountant for advice for your specific situation.
Reading this made me realize how often we overlook the impact of our financial decisions on causes we care about. It’s interesting to think about how donating stocks can actually benefit both the charity and our own tax situation. A friend put me onto Click below, and I found it really helpful for exploring simple ways to give while maximizing the benefits. It’s a nice reminder that supporting our favorite nonprofits can come in many forms.
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