Popular tax-smart gifts
Many people are increasingly choosing to give non-cash assets, so they can have a bigger impact at less cost to them.
Stocks, securities, & mutual funds
Many people choose to give stocks, securities, or mutual funds instead of gifts of cash. Giving appreciated assets like these help you avoid paying capital gains taxes, and can give you an income tax deduction for the full value of the gift, if you’ve had the assets for more than one year.
Give appreciated assets now and enjoy the benefits, or add us as a beneficiary of these assets and eliminate estate and inheritance tax, making the most of your gift.
Benefits
- Gifts of assets can often save you far more on taxes than gifts of cash
- Avoid all capital gains taxes
- Receive an income tax deduction for the value of the assets (if you’ve had them for more than a year)
- Make an immediate impact on our mission
How it works
- Transfer appreciated securities directly to us (and avoid all capital gains taxes).
- Receive a tax receipt for the value of the assets.
- The securities are sold and the funds put directly to use for greatest impact.
If you have stock or bond certificates that you would like to transfer to CAU and receive tax credit for your gift, please call 404-880-6186 for instructions and assistance.
Qualified Charitable Distributions from your IRA
A Qualified Charitable Distribution (QCD) is a tax-efficient way for individuals who are age 70 ½ or older to make gifts directly from their Individual Retirement Account (IRA). QCDs can count towards satisfying an individual’s Required Minimum Distribution (RMD) for the year, which is the minimum amount that an individual must withdraw from their IRA each year once they reach age 73.
Who it’s for
- Individuals 70 ½ or older
- Those who have an Individual Retirement Account (IRA) that is a traditional IRA, not a Roth IRA
- Those who want to make a charitable gift that counts towards their Required Minimum Distribution
- Those who want to reduce their taxable income
Benefits
- Reduce taxable income
- Counts towards your Required Minimum Distribution for the year
- Make an immediate impact on our mission
How it works
- Instruct your IRA custodian to distribute up to $105,000 directly to one or more eligible charities.
- The QCD counts towards your Required Minimum Distribution.
- The QCD is not included in your taxable income, which can reduce your overall tax liability. You will not receive a charitable income tax deduction for the QCD.
If you wish to make a Qualified Charitable Distribution, contact your IRA custodian to get started.
Donor-advised funds
A donor-advised fund (DAF) allows individuals to make charitable contributions and receive an immediate tax deduction. The funds are managed by a DAF custodian, and the donor can recommend grants to their preferred nonprofit organizations. Donors can contribute to the fund over time and recommend grants to charities at their discretion, providing flexibility in their giving strategy.
Benefits
- Retain the flexibility to make grant recommendations over time
- Receive an immediate tax deduction when contributing to your fund
- Make an immediate impact on our mission
Log in to your donor-advised fund account or contact your fund administrator to submit a grant request.
Submit your request to:
Tax ID#: 58-1825259
If you choose to support our organization, please contact us to let us know to ensure that you are properly acknowledged and that your grant gets put to use as you intend.
Planned giving helps fuel Clark Atlanta University’s mission
A gift in your will creates a foundation for the future. Our work today is important, but it is equally, if not more important, to ensure Clark Atlanta University can continue well into the future.
We’re here to help you meet your goals!
Our team would be happy to speak with you in confidence about your giving goals, with no obligation.
Name: Kelly Brown-Morris
Title :Chief Development Officer
Phone: 470-597-7906
Email: kbrown-morris@cau.edu
Already included us in your estate plan? Let us know
More ways to make an impact
Gifts in a will or trust
Donations in your will or trust are (by far) the most popular type of planned gift. Learn more, or get help starting your will (for free!).
Beneficiary designations
Gifting assets not covered by your will — like 401(k) or IRA accounts — may help your heirs avoid unwanted taxes, even if you’re below the estate tax threshold.