A gift of cash is the fastest and easiest way to donate. Simply write a check or donate here with your credit/debit card and earn a charitable tax deduction on this year’s tax return.
When you donate stock that has appreciated in value, you avoid capital gains taxes and your donation is recognized by the IRS at the fully appreciated value at the time of transfer. This is particularly effective on stocks that increase significantly in value during the period you own them.
Donor Advised Fund Grants
If you have an established Donor Advised Fund, whether that is with the CFSWIA or elsewhere, you may use that DAF to donate to our funds. To do so, contact the organization your DAF is established with.
IRAs, 401Ks and 403Bs
If you are over 70-1/2 years old, contact one of your retirement investment advisors and set up a Qualified Charitable Distribution (QCD) through your traditional non-Roth IRA, 401K, or 403B. It’s an excellent way to save on federal and state taxes because you can transfer your Required Minimum Distribution – partially or entirely – to your favorite charity each year; you can even name it as a primary beneficiary, allowing the charity to directly receive your IRA asset after death.
It’s easy to do, but every situation is different. Call for specific details about how you can help endow and grow the future of the Catholic Church in Southwest Iowa through the gift of grain.