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Year-End Charitable Giving Tips

The North Georgia Community Foundation (NGCF) offers several ways to incorporate charitable giving into your year-end planning. We help you maximize your charitable impact as well as your tax benefits. The services offered by NGCF provide advantages to donors in many ways:

Contribution Options

  • Start or add to your Fundo NGCF offers different types of charitable funds to meet your needs.
  • We make giving easy: Give Now, Decide Later
    • Make contributions now but decide your recipients at your own discretion.
  • Grants from funds at NGCF can support nonprofits, churches, schools, government entities, or approved philanthropic projects.
  • Grow Your Giving
    • Your contributions are invested and grow tax-free.

Tax Advantages

  • Make a cash gift
    • Claim a tax deduction immediately.
    • Consider “bundling” a few years’ worth of giving and claiming a charitable deduction this year while “pre-funding” your giving for future years.
  • Contribute appreciated stock or mutual funds
    • Avoid paying capital gains tax on the sale.
    • Still receive a charitable income tax deduction on the full value of the asset.
  • Sell real estate or a business
    • Involving NGCF in your business sale may help you avoid capital gains tax.
  • Satisfy your required minimum distribution (RMD)
    • Individuals over 70 ½ with a traditional IRA can give a qualified charitable distribution (QCD) to specific fund types at NGCF.
    • You can allocate up to $100,000 directly from your IRA and avoid paying any income tax.

Legacy Building

  • Make estate or planned giving arrangements to ensure your philanthropic legacy lives on forever
  • Teach younger generations around you about the impact and legacy of giving
  • Make a gift to the NGCF Endowment
    • A gift to the NGCF endowment allows your contribution to be stewarded by NGCF and distributed throughout North Georgia to meet critical needs.

Personal Benefits

  • Receive peace of mind
    • Before grants are given from any fund, NGCF handles vetting the recipient. You have the benefit of knowing your funds are stewarded properly.
    • Get happy
      • Psychologist have proven that giving to others has a direct impact on your happiness

Stay Informed.