Planned Giving: Gifts That Help Now

By Elyse Kauffman, Everence’s Charitable Consultant

There are many giving strategies that can help you to increase your impact on Samaritan Center’s important initiatives while also building charitable tax advantages.

Charitable IRA Rollover

If you have an Individual Retirement Arrangement (IRA), you’re likely familiar with the requirement that you must withdraw a certain percentage from your account beginning at age 73. Supporters aged 70 ½ and better may consider an IRA charitable rollover (up to $105,000 in 2024; an increase from $100,000 in 2023) to a qualified charity and not have that transfer count towards their taxable income in the same year that they made the charitable gift. Charitable rollover amounts could count toward the client’s required minimum distribution.

Making a Distribution from your Donor Advised Fund

A smart way to extend your generosity is to establish a Donor Advised Fund (DAF) through Everence®. A DAF is the equivalent of a charitable investment account. After you make an initial tax-deductible contribution to the account, you can recommend distributions to Samaritan Counseling Center now or in future years. Any funds that remain in the account are invested tax-free in order to grow your charitable impact over time. If you have a donor advised fund with another Foundation, now is a great time to consider a gift to Samaritan Center from your fund.

Giving an Appreciated Asset

You can make more of an impact than you thought possible when you make a charitable gift of appreciated assets like stock, bonds, retirement assets and real estate. In addition to receiving an immediate charitable income tax deduction, your gift of appreciated assets may allow you to also reduce capital gains taxes.

We’d love to talk more with you about smart giving options and the ways they can benefit Samaritan Center in 2024. For more information, please reach out to Anita Hanna, Samaritan Center’s Director of Development, at ahanna@scclanc.org or 717-560-9969, or Elyse Kauffman, Everence’s Charitable Consultant, at elyse.kauffman@everence.com or 717-653-6662.

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Upcoming Programs & Events

Dance for Mental Health ClassApril 26 - May 24

Dance to release, reconnect, and restore. This class will focus on offering movement experiences that support releasing stress and tension held in the body, reconnecting with yourself and restoring a sense of vitality.

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Samaritan Center’s “A Gala Renewed”May 2

Samaritan Center is excited to announce a trendy new twist on our annual gala! You're invited to join us on Thursday, May 2, 2024 from 50…

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