Tax Advantaged Giving

Make a lasting impact while maximizing your tax benefits! By donating through Qualified Charitable Distributions (QCDs), Appreciated Assets, or a Donor Advised Fund (DAF), you can support Arts For All while reducing taxable income, avoiding capital gains taxes, or gaining immediate deductions. These giving options allow you to contribute in a way that aligns with your financial goals while bringing music education to underserved youth.

Qualified Charitable Distributions.

For retirees who've accumulated savings in their tax-deferred accounts, the onset of required minimum distributions (RMDs) at age 73 can have tax consequences. That's because the higher the balance in your tax-deferred accounts, the higher your RMDs—and potentially your tax bracket. If charitable giving is part of your financial plan, a qualified charitable distribution (QCD) can further your philanthropic goals and help reduce the tax hit from your RMD. For 2025 the annual maximum on QCD is $108,000

Appreciated Assets.

If you donate long-term appreciated assets like bonds, stocks, crypto or real estate to Arts For All, you generally don’t have to pay capital gains, and you can take an income tax deduction for the full fair-market value. It can be up to 30 percent of your adjusted gross income.

Donor Advised Fund (DAF)

A Donor Advised Fund (DAF) is an account administered by a charitable entity (like a community foundation) that enables you to make charitable contributions today, immediately qualify for income tax benefits, but recommend the ability to make grants to your favorite charities when it's convenient for you. When you make a DAF gift to Arts For All, you can designate how you would like your gift to be used.

Qualified Charitable Distributions (QCDs)

If charitable giving is part of your financial plan, a Qualified Charitable Distribution (QCD) is a powerful way to make a difference while also reducing your tax burden.

For retirees who've accumulated savings in tax-deferred accounts, the onset of Required Minimum Distributions (RMDs) at age 73 can create unexpected tax consequences. The higher your account balance, the higher your RMD—and potentially your tax bracket.

A QCD allows individuals aged 70½ or older to transfer funds directly from an IRA to a qualified nonprofit like Arts For All. These distributions count toward your RMD but are not included in your taxable income, which can reduce your overall tax liability.

For 2025, the annual maximum for a QCD is $108,000.

It’s easy to get started:
Simply notify your IRA plan administrator—for example, Fidelity Investments or Charles Schwab—that you wish to make a Qualified Charitable Distribution. They’ll provide a simple form to complete the process.

Or, feel free to contact us, and we’ll be happy to assist you in initiating your QCD gift to Arts For All.

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