Tax-Saving Giving from your IRA

Are you at least 70? Do you need to take Required Minimum Distributions? Do you have stocks or other securities that have appreciated greatly? If so, you might be able to make your donation to GUUF in a manner that also saves on taxes for you.

Required Minimum Distributions, (RMDs,) must be taken by people that hold Traditional IRAs, SEP IRAs or retirement plans like 401(k)s, and reach their 70s, depending on your birth year. If all or part of that distribution is made to a charitable entity such as GUUF, then all or that part of a distribution can be free of income tax. To see if you qualify, please consult your financial advisor.

If you are 70½ or older, you can make charitable contributions from your IRA as a tax-savvy Qualified Charitable Distribution (QCD), transferring your donation directly to a qualified charity such as GUUF to avoid income tax on that amount, and it can count towards your Required Minimum Distribution (RMD). This direct transfer from your IRA to GUUF excludes the gift from your taxable income, benefiting both you and GUUF without needing to itemize deductions.

Benefits

• Tax-Free Income: The distribution isn’t included in your taxable income.
• RMD Satisfaction: Helps meet your RMD without increasing your adjusted gross income
• Non-Itemizers Benefit: Great for those who don’t itemize deductions, as it provides a tax break even if you take the standard deduction.

Gifts of Appreciated Securities

You can donate appreciated securities directly from your brokerage account to GUUF.
Benefits include:

• GUUF receives the full value
• You receive an income tax deduction
• You avoid recognizing capital gains

Contact: Marshall Winn, 864‑270‑2075, mwinn@wyche.com

For donating securities have your broker or financial advisor follow these instructions:

Send to:
Fidelity Investments, For the benefit of:
Greenville Unitarian Universalist Fellowship
Tax ID: 57-60811496
Account Z40486497
Account Registration: Corporate DTC 0226

Please inform the office orgiving@greenvilleuu.org of this impending donation. Your financial institution typically will not disclose who the donor is. For you to be credited, we need to be able to identify you, the donor.

Endowment Giving

Once you have made your annual pledge, you may consider a Living Gift or Legacy Gift to the GUUF Endowment Fund.

All the tax‑advantaged giving methods shown above apply to Living Endowment Gifts.

For more information, contact endow@greenvilleuu.org

As always, thank you for your gifts! You make GUUF possible!