Ways to Give

Gifts of Securities & Donor Advised Funds

Gifts of stocks, bonds and mutual funds can benefit you if you hold a security that has increased in value since you acquired it.  By making a gift of stock, for instance, that you have held longer than one year, you:

  • Completely avoid paying capital gains tax
  • Receive an income tax deduction for the current market value of the gift
  • May deduct gifts totaling up to 30% of your adjusted gross income in any year, with a five year carry-over for any excess.

Consult your tax advisor and broker regarding the tax-deductibility and timing of your gift.

To make stock gifts to the Peconic Land Trust

Prior to transferring shares, or if you have any questions, please notify Amanda Abraham by email or by calling 631-283-3195, with the following information:

  • Donor Name
  • Name of Stock
  • Number of Shares being Donated

Another option includes making a gift through a Donor Advised Fund.

What is a donor advised fund (DAF)?

A Donor Advised Fund (DAF) is a philanthropic vehicle established at a community foundation, mutual fund company, or brokerage firm, which allows you to pool your money in one place and decide where to donate it later.

By establishing a DAF, donors can make a charitable contribution, receive an immediate tax benefit, and recommend grants from the fund over time.

DAFs are the most popular and fastest growing charitable giving vehicle.

How does it work?
  • You make an irrevocable contribution to the DAF, and immediately receive the maximum tax deduction that the IRS has to offer.
  • Your contribution is placed in the account, where it can continue to be invested and grow tax free.
  • At any time afterward, you can recommend grants from your account to qualified charities.
What are the main advantages of a donor advised fund?
  • Simplicity: The DAF sponsor handles all record-keeping, disbursements, and tax receipts.
  • Flexibility: Timing of your tax deduction can be separate from your charitable decision making.
  • Tax-efficiency: Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock
  • Family legacy: A DAF is a powerful way to build or continue a tradition of family philanthropy.
  • No start-up costs: There is no cost to establish a donor-advised fund. However, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more).**
  • No transaction fees: Once approved, 100% of your recommended grant goes to your qualified public charity of choice.**
  • Privacy if desired: Donors may choose to remain anonymous to the grant recipient.

**Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.

To learn more or to make a gift, please contact Amanda Abraham by email or by calling 631-283-3195.

×
Support the Peconic Land Trust
Peconic Land Trust needs your support to protect the working farms, natural lands, and heritage of Long Island.