Gifts of Cash
Make a gift that Els for Autism can use immediately, and receive the maximum charitable deduction.
An outright gift of cash is one of the simplest methods of giving and may qualify as a charitable deduction on your federal income tax return for the year the gift is made, if you itemize deductions. Generally, cash gifts to qualified public charities are deductible up to 60% of your adjusted gross income (AGI). Any excess contribution may typically be carried forward for up to five additional tax years. Consult your tax advisor regarding your specific situation.
Gifts of Securities
Avoid capital gains taxes and receive a charitable deduction.
You may donate publicly traded securities to Els for Autism. If you have owned the securities for more than one year, you may qualify for a charitable income tax deduction equal to the fair market value of the securities on the date they are received. Generally, gifts of long-term appreciated securities to qualified public charities are deductible up to 30% of your adjusted gross income (AGI) in the year the gift is made. Any excess contribution may typically be carried forward for up to five additional tax years.
Compared to giving cash, donating appreciated securities may provide additional tax benefits by potentially avoiding capital gains taxes while also allowing for a charitable deduction. Please consult your tax advisor regarding your specific situation.
IRA Rollover
Use your retirement assets to create an immediate impact for individuals with autism and their families.
How the IRA Rollover Works
Individuals age 70½ or older may transfer up to $108,000* annually from a traditional or Roth IRA directly to a qualified charity, such as Els for Autism, through a Qualified Charitable Distribution (QCD). The transferred amount is generally excluded from taxable income, and beginning in the year you turn 73, the gift may count toward your required minimum distribution (RMD). Because the distribution is excluded from income, it cannot also be claimed as a charitable income tax deduction.
How to Make an IRA Rollover Gift
Making a gift from your IRA is simple; however, it is important to ensure the transaction is completed correctly. To qualify as a QCD, the funds must be transferred directly from your IRA administrator to Els for Autism.
Our team is available to assist you and your financial advisor throughout the process to help ensure your gift is completed seamlessly.
Create a Lasting Legacy Through Els for Autism
Your IRA rollover gift helps Els for Autism provide innovative programs and services that support individuals with autism across the lifespan. Through education, recreation, employment programs, and global outreach initiatives, your generosity helps create opportunities for individuals with autism and their families to thrive.
*Limits are indexed annually for inflation. Please consult your tax advisor regarding your specific situation.
