Tax Wise Giving

Are you interested in making a charitable gift that can yield tax benefits?  If so, a gift of appreciated securities including stocks, bonds or mutual funds may be the right option for you. 

Donating Securities

Donating appreciated securities allows donors to make a bigger philanthropic gift and receive greater tax advantages. 

You might consider giving securities if:

• You are holding securities that have appreciated in value.  If you sell outright, you might find yourself with a hefty tax bill.  But by donating these securities to CBH, you can bypass the capital gains tax.
• You also can receive a charitable tax deduction for the full fair market value of the securities if you itemize your deductions and have held the securities for more than one year. 

For more information about donating securities, please contact Wendy Haworth, CBH Interim Executive Director at director@bethaverim.org or call 530-758-0842.

Qualified Charitable Distribution from your IRA

What is a qualified charitable distribution?

A qualified charitable distribution (QCD) is a distribution of funds from your IRA to a qualified charitable organization such as Congregation Bet Haverim. 

Because your gift goes directly to CBH without passing through your hands, the dollar amount of the gift may be excluded from your taxable income up to a maximum of $105,000 per year.

Who can make a qualified charitable distribution?

QCDs can be made by IRA owners who are age 70½ or older and can be used to pay synagogue pledges or other donations to CBH. To learn more about QCDs, please visit https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-iras-distributions-withdrawals.

Important: Please consult your tax advisor for information regarding your specific situation.