LEAVE A LEGACY OF LEARNING, LEADERSHIP & HOPE
Your Generosity Can Continue To Impact Future Generations of KidWorks Students.
Here’s How You Can Support KidWorks:
Donate stock, bonds and CDs to KidWorks
Gifts of appreciated stocks, bonds, mutual funds and other marketable securities can provide significant tax savings as you pay no capital gains taxes and claim a deduction based on the fair market value at the time of the gift transfer. KidWorks accepts your stock donations through a partnership with our brokerage firm, Merrill Lynch.
Donate to KidWorks using your IRA Rollover
Congress has permanently extended a popular tax-advantaged giving opportunity. The law allows individuals who are age 70½ or older to make gifts of up to $100,000 directly from their IRA account to one or more qualified charities, without paying federal income tax on the withdrawal. Donors who wish to make a gift to benefit KidWorks Community Development Corporation, or who are fulfilling an existing pledge, may want to make a Qualified Charitable Distribution.
Here are the specifics:
Donors must be age 70½ or older at the time the gift is made
Only traditional IRAs are eligible
Donors must request a direct transfer of funds from their plan administrator to a qualified public charity; funds cannot be withdrawn prior to a gift or the tax benefit is nullified
Gifts cannot be made to a private foundation or to a donor advised fund
Gifts cannot be used to fund a gift annuity or charitable remainder trust
Each donor may give up to $100,000 per year. For couples, each spouse can give up to $100,000
Distributions made under this law can be used to satisfy the donor's required minimum distribution (RMD). The rollover allows for a charitable gift to fulfill the RMD without adding to tax liability
To make a gift to KidWorks from an IRA, contact your IRA plan administrator and request a direct Qualified Charitable Distribution from the IRA account to KidWorks Community Development Corporation, a 501(c)(3) organization, with Tax ID number 74-3081569. Checks should be mailed directly to KidWorks Community Development Corporation, 1902 W Chestnut Ave, Santa Ana, CA 92703
Make A Legacy Gift To KidWorks
Gift plans and bequests can create opportunities for you as well as for the children and youth of KidWorks. We recognize the importance of making a gift that is right for you and for your family.
Donate your old or unused vehicle to KidWorks
If you have an extra vehicle that you no longer need, make the most of it by donating that car, truck or boat to KidWorks. We will get top dollar for your extra car, and you can support the KidWorks Mission.
Note: KidWorks Community Development Corporation cannot give tax or legal advice. Please consult your own professional tax advisor about the best way to take advantage of any giving opportunity.