Did you know? You can transfer funds directly from your IRA to support the League of Women Voters Orange County. This is called a Qualified Charitable Distribution (QCD). QCD rules allow you to transfer tax free up to $100,000 of your individual annual required minimum distribution (RMD) to qualified charitable organizations, like LWVOC. Check with your IRA administrator for instructions. Please consider taking advantage of this tax saving strategy to support our shared mission and work.

Here’s how it works: 

• You can transfer funds tax free directly from your IRA to LWVOC as a part of your annual Required Minimum Distribution (RMD)* from your IRA as early as 70 ½. Federal rules require that you begin the annual RMD by no later than the age of 72.
• An individual may give up to a total of $100,000 per year; a married couple may give up to $200,000. 
• Your gift must be transferred directly from your IRA account to League of Women Voters Orange County, Florida. 
• You pay no income taxes on the QCD. This means that the gift generates neither taxable income nor a tax deduction, so you can benefit even if you don’t itemize deductions. 
• Since the gift doesn’t count as income, it may potentially reduce your annual income level. This could help lower Medicare premiums and decrease the amount of Social Security that is subject to tax.* 

With a planned gift, you will help to ensure that the work of our organization endures for many years to come.

If you wish to name the LWVOC in your will or estate plan, we should be named as:

The League of Women Voters of Orange County, a nonprofit organization (EIN: 59-6178316), located at PO Box 1901, Winter Park, Fla. 32790

How Planned Gifts Work

• Estate Planning. Planned gifts are made as part of a donor's overall estate plan, often with the assistance of an attorney or financial advisor to ensure tax efficiency and the desired outcomes. 
• Timing. Most planned gifts are "deferred," meaning they are not realized until after the donor's death. However, some planned gifts can provide immediate benefits to the donor. 
• Asset Types. Donors can contribute a wide range of assets, including cash, securities (like stock), real estate, life insurance policies, and retirement accounts. 

Common Types of Planned Gifts

• Bequests. This is the most common type of planned gift, where a donor leaves a specific amount of money, property, or a percentage of their estate to a charity in their will or living trust. 
• Retirement Assets. Donating unused assets from IRAs or 401(k)s can be a tax-smart way to give, as named charities are often exempt from income and estate taxes on these distributions. 
• Life Insurance Policies. A donor can name a nonprofit as a beneficiary of a life insurance policy, potentially creating a large legacy gift for a relatively small ongoing cost. 
• Charitable Trusts. These are complex arrangements where assets are transferred to a trust, which then provides income or other financial benefits to the donor (or another beneficiary) for a period, with the remainder going to the charity. 
• Gifts of Appreciated Stock or Real Estate. Donating appreciated assets can provide tax benefits, as the donor may avoid capital gains taxes and receive a deduction for the fair market value of the asset. 

Benefits of Planned Gifts

• Financial Advantages. Donors may benefit from income tax deductions, avoid capital gains taxes, and potentially reduce estate taxes. 
• Income Opportunities. Some planned gifts, like charitable gift annuities and trusts, can provide a fixed stream of income to the donor during their lifetime. 
• Significant Impact. Planned giving provides nonprofits with stable, long-term funding, helping to secure their future and support their mission. 

DAFs have become popular in part because of their versatility; allowing donors to give when, what, how, and where is most favorable for them. There are many reasons why donors choose a donor-advised fund as a philanthropic giving vehicle. Charitable giving with a donor-advised fund can be a tax-efficient way to build a charitable legacy. Benefits of a donor-advised fund include:

• Contributions via DAFs help donors maximize tax benefits.
• Donors can contribute immediately, build a philanthropic strategy and recommend grants when ready.
• Charitable assets may grow over time, making more charitable dollars available to nonprofits.
• DAFs provide streamlined grantmaking, helping philanthropic dollars reach nonprofits quickly and efficiently.
• DAF sponsors handle all due diligence and reporting, simplifying organization and administration.
• DAFs can be used to facilitate a charitable legacy, dovetailing conveniently with estate planning.
• Donors can choose how they are acknowledged and what personal information they wish to share when making grants from their DAFs.
• DAFs can be useful in the development of donors’ philanthropic vision, strategy and philosophy.
• DAFs can accept as contributions a wide range of assets such as cash, stock, cryptocurrency and real estate.
• Donors can support international charities and NGOs and still being eligible to claim a federal tax deduction.

How Employer Match Process Works:



Step 1. Employee donates to a nonprofit organization that meets the employer’s eligibility criteria.

Step 2. Employee submits a request to their employer.

Step 2. Employer reviews the request and, if approved, sends a matching donation to the same nonprofit.

Click Hot Topics Sponsorship Levels HERE for a full description of benefits and levels.