Friday, September 29, 2023 Background

Alternative Ways to Donate

by Lily Abromeit

There are many ways to contribute to our fight to protect the South Carolina coastal plain. Talk with your financial advisor or tax professional to determine the best method for you to support this important work. 

Giving Stocks or Appreciated Assets 

Donating stocks, bonds, or other appreciated assets can potentially provide you with significant tax benefits. If you donate appreciated securities that you’ve held for more than a year, you may take a charitable tax deduction for the market value of the securities and avoid paying capital gains tax on the appreciation.  

 

Qualified Charitable Distributions  

If you are 70½ years old or older, you can make tax-free donations directly from your Individual Retirement Account (IRA) to the Coastal Conservation League, known as Qualified Charitable Distributions (QCDs). This type of gift can satisfy your required minimum distribution (RMD) for the year, up to $100,000, without adding to your taxable income.  

 

Grants from Donor Advised Funds  

Donor Advised Funds allow you to make a charitable contribution, receive an immediate tax benefit and then recommend grants from the fund over time. By giving through a Donor Advised Fund, your money can be invested for tax-free growth, and you can recommend grants to the Coastal Conservation League at your convenience.  

 

To donate directly, visit coastalconservationleague.org/ways-to-give 

 

 

 


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action@scccl.org · 843.723.8035

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