Make The Most Of Your Giving.
Friends of JPSS is so thankful for your generosity! We realize there are many worthy causes you can and do support, and we are grateful for every penny we receive to further the education of our students. Below are a few tips to help you maximize your giving.
- Corporate Matching Gift Programs – Companies big, small, and everything in between, match gifts. doublethedonation.com provides a list of the top companies with matching programs. Even if not on this list, check with your employer regarding their specific matching program. Requesting a match is typically accomplished through a quick and easy form, and it could double the support!
- Traditional IRAs – Direct transfers to an eligible charity can count towards the minimum required distribution an owner would otherwise be required to take once age 70 ½. To qualify, the funds must be transferred directly by the IRA trustee to the eligible charity. Distributed amounts may be excluded from the IRA owner’s income, but not taken as a charitable deduction.
- United Way Campaigns – If your employer has a United Way Campaign each year, you can allocation some or all of your United Way contribution directly to Friends of JPS. To do so, you’ll need to provide our address and Tax ID number, click here.
- Stock Donations – Donating highly appreciated stock enables taxpayers to take a charitable deduction for the fair market value of the stock and avoid the capital gains tax that he/she would pay if, alternatively, it had been sold and the proceeds donated to the charity. We can provide the necessary Friends of JPS account information for you to complete authorization forms with your bank to initiate a transfer.
Please consult your tax advisor to discuss the best approach to charitable giving for you.
