Donate Non-Cash Assets
Donating to a 501(c)3 charity already has the potential to make your impact and reduce your federal tax burden* – and by donating non-cash assets or giving through a donor advised fund (DAF) you can further reduce your tax obligations and make a greater impact on people and planet.
What are non-cash assets?
A non-cash asset is any item of appreciating value, such as stock, mutual funds, retirement assets (from your 401(k) or IRA account) and cryptocurrency.
What non-cash assets do we accept as donations and how can you donate them?
When you donate appreciated assets like stock or cryptocurrency, you typically avoid paying state and federal capital gains tax, enabling charities to receive the full amount (rather than the after-tax remainder) which can often exceed 30%.
-
Tax advantages: Avoid accumulated capital gains tax and receive a fair market value deduction, up to 30% of your AGI.
-
Tax advantages: Avoid accumulated capital gains tax and (if held for longer than a year) receive a fair market value deduction
-
QCDs are direct transfers from IRAs (for those above the age of 70.5)
Tax advantages: A highly tax-efficient way to direct funds from your IRA straight to a charity, reducing your taxable income and helping you meet your required minimum distribution.
-
A DAF is a charitable investment account that allows you to receive an immediate deduction for contributions while having the flexibility to recommend grants to charities over time.
Tax advantages: You can donate non-cash assets, such as stocks, property, artwork and other illiquid assets to your DAF, liquidate them tax-free, and receive a tax deduction in the same year.
You can also invest your assets within your DAF, allowing your contributed assets to grow tax-free over time. Note: QCDs cannot be donated to DAFs.
Thank you so much for your interest in donating to Trees for the Future! Please email giving@trees.org with any questions you may have.
Trees for the Future (TREES) is a charitable 501(3)c nonprofit organization with Tax ID: 52-1644869.
*Disclaimer: All tax information listed on this page is directed to U.S. taxpayers. This information is for educational purposes only and is not legal or tax advice. Please consult an attorney or tax expert to discuss your personal strategy and address any legal or tax questions you may have.
