The Women’s Fund of East Tennessee is committed to creating a brighter future for women and girls across our region. By breaking down barriers to opportunity, education, and economic security, the Women’s Fund is changing lives and building stronger communities across East Tennessee. Now, with thoughtful planning, your support can go even further.
The Women’s Fund Endowment is a permanent source of support, designed to create enduring impact through smart, strategic giving. With thoughtful, tax-wise planning, you can make a meaningful gift to the Endowment that not only supports causes you care about but may also provide valuable tax advantages for you.
Give Stock, Not Cash- and Get a Double Benefit
Did you know that donating appreciated stock is one of the smartest ways to give? If you purchased stock for $10,000 more than a year ago and it’s now worth $25,000, you’d normally owe capital gains tax on the $15,000 appreciation if you sold it. By donating the stock directly to the Women’s Fund Endowment, you can avoid the capital gains tax and receive a charitable deduction for the full $25,000.
Planning tip: Don’t sell the stock first—donate it directly. Selling it and donating the cash means you’ll still owe taxes on the appreciation.
Continue the Vision—Support the Endowment Fund
Make a Gift from Your IRA and Lower Your Taxable Income
If you’re age 70½ or older, you can make a Qualified Charitable Distribution (QCD) directly from your IRA to the Women’s Fund Endowment. This tax-wise move reduces your taxable income—without counting toward your charitable deduction limit—and helps satisfy your Required Minimum Distribution (RMD).
Planning tip: Distributions from your IRA to you will increase your taxable income. By making QCDs, your taxable income is not increased, which may also reduce taxes on Social Security benefits and Medicare premiums.
Explore Giving Options That Make a Lasting Impact
Leave Your IRA to the Women’s Fund and Save Your Family Taxes
IRAs left to loved ones are subject to income tax—and must be liquidated within 10 years if inherited by a non-spouse. However, when you name the Women’s Fund Endowment as a beneficiary, the entire IRA passes tax-free to support grants to nonprofits that benefit women and girls in our communities.
Planning tip: Consider leaving tax-friendly assets like real estate or stock (which receive a step-up in basis) to family—and use your IRA for charitable giving.
Your thoughtful, strategic giving can help ensure that women and girls in East Tennessee have the opportunity to thrive—for generations to come. To learn more about making a tax-wise gift to the Women’s Fund Endowment, contact us today.
