WAYS TO GIVE

Consider Making a Gift

By making a donation, you will have the opportunity to see your generosity in action and may receive a federal income tax charitable deduction when you itemize.

 

Donate Online

You can make a secure donation on our secure page.

Consider opting-in to make your donation a monthly recurring contribution and become a member of our Neighbor’s Circle.

Donate by Mail

Send a check payable to Gifts of Love
34 East Main Street, Avon, CT 06001

Donate by Phone

You can call us at 860-676-2323 and we will process your donation over the phone.

With any gift, you may also wish to honor a special person or occasion. Or memorialize a loved one. An acknowledgment is sent to the honoree or notificant as well as to the donor when the pertinent information is provided.

Ask Your Employer to Match Your Gift

Many employers match dollar for dollar the charitable gifts their employees make – some will double or even triple match an employees donation, which is a terrific way to maximize your ability to contribute to Gifts of Love.

Please check with your employer to determine if they participate in a matching gift program.

Put Your “Spare Change” to Good Use

Round-ups allow your “spare change” to add up to BIG change. You can safely round up your credit card purchases.

Text GIFTS to 269-89 or visit our Round-Up page.

Donor Advised Fund (DAF)

A donor-advised fund is a type of charitable savings account. When you fund the account, you receive an immediate tax deduction, and then recommend grants to an eligible charity, such as Gifts of Love, over time. The funds are invested for tax-free growth. You can recommend a grant to Gifts of Love today, or on a recurring basis (monthly, quarterly, semi-annually, or annually), and designate it towards any of our programs.

You may also consider naming Gifts of Love as a beneficiary of your account, so your gift continues to support our mission after your lifetime.

Payroll Deductions

Many companies offer an employee giving program in their workplace.

To find out if your company has a program and how to support Gifts of Love, please contact your Human Resources department.

Brokerage and Investment Accounts

When you donate appreciated securities or mutual funds that you have held for more than one year to an eligible charity, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be able to declare a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer. Making a gift of securities to support the Gifts of Love mission is as easy as instructing your broker to transfer the shares. Please contact our Development Director if you plan to donate.

You may also consider naming Gifts of Love as a beneficiary of your account, so your gift continues to support our mission after your lifetime.

 

Retirement Account

Once you reach 70-1/2, you can donate to Gifts of Love from your IRA any amount up to a maximum of $100,000 per year. This is called a Qualified Charitable Distribution (QCD) and is a direct transfer of funds from your IRA trustee to Gifts of Love. By choosing to support Gifts of Love using this option you benefit by not having to pay any income taxes on the gift.

And beginning in the year you turn 72, you can use the QCD donation to Gifts of Love to satisfy all or part of your Required Minimum Distribution (RMD) and avoid paying any income taxes on the gift by. Depending on your situation, you may also benefit by being able to lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.

NOTE: Gifting from a retirement plan to a qualified charity can only be made from an IRA. Under certain circumstances, however, you may be able to roll assets from other types of retirement plans into an IRA and then make the QCD gift to Gifts of Love. Contact your plan administrator to determine if this option is available.

You may also consider naming Gifts of Love as a beneficiary of your account, so your gift continues to support our mission after your lifetime.

Ask Your Employer to Match Your Gift

You can make a gift to Gifts of Love today and ask your employer to match it. This DOUBLES the impact of your gift.

Please check with your employer to determine if they participate in a matching gift program.

Put Your “Spare Change” to Good Use

Round-ups allow your “spare change” to add up to BIG change. You can safely round up your credit card purchases.

Text GIFTS to 269-89 or visit our Round-Up page.

Donor Advised Fund (DAF)

A donor-advised fund is a type of charitable savings account. When you fund the account, you receive an immediate tax deduction, and then recommend grants to an eligible charity, such as Gifts of Love, over time. The funds are invested for tax-free growth. You can recommend a grant to Gifts of Love today, or on a recurring basis (monthly, quarterly, semi-annually, or annually), and designate it towards any of our programs.

You may also consider naming Gifts of Love as a beneficiary of your account, so your gift continues to support our mission after your lifetime.

Payroll Deductions

Many companies offer an employee giving program in their workplace.

To find out if your company has a program and how to support Gifts of Love, please contact your Human Resources department.

Brokerage and Investment Accounts

When you donate appreciated securities or mutual funds that you have held for more than one year to an eligible charity, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be able to declare a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer. Making a gift of securities to support the Gifts of Love mission is as easy as instructing your broker to transfer the shares. Please contact our Development Director if you plan to donate.

You may also consider naming Gifts of Love as a beneficiary of your account, so your gift continues to support our mission after your lifetime.

Retirement Account

Once you reach 70-1/2, you can donate to Gifts of Love from your IRA any amount up to a maximum of $100,000 per year. This is called a Qualified Charitable Distribution (QCD) and is a direct transfer of funds from your IRA trustee to Gifts of Love. By choosing to support Gifts of Love using this option you benefit by not having to pay any income taxes on the gift.

And beginning in the year you turn 72, you can use the QCD donation to Gifts of Love to satisfy all or part of your Required Minimum Distribution (RMD) and avoid paying any income taxes on the gift by. Depending on your situation, you may also benefit by being able to lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.

NOTE: Gifting from a retirement plan to a qualified charity can only be made from an IRA. Under certain circumstances, however, you may be able to roll assets from other types of retirement plans into an IRA and then make the QCD gift to Gifts of Love. Contact your plan administrator to determine if this option is available.

You may also consider naming Gifts of Love as a beneficiary of your account, so your gift continues to support our mission after your lifetime.

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