God invites us to put all that we have behind what he is doing: our time, our energy, our connections, and our finances. We give because we want to be a part of what God is up to.
Send to: The Hope Collective Attn: Finance Office 23153 W. Miller Road Lake Zurich, IL 60047
What are some practical ways to give?
Over 70 1/2? Consider a qualified charitable distribution from an IRA.
People who are age 70 1/2 or older can contribute up to $100,000 from their IRA directly to a charity and avoid paying income tax on the distribution.
Consider using a charitable donation to offset tax costs.
By donating long-term appreciated securities to charity, you can minimize paying taxes on the most efficient lowest basis shares, providing tax efficiencies versus selling the stock and donating the after-tax cash proceeds. We work with an organization to simplify the stock donation process.
Optimize giving with a donor-advised fund (DAF).
Opening a DAF allows you to make a gift and qualify for a charitable deduction immediately without needing to decide, until you’re ready, on the charities to support with grant recommendations.
Connect with Us
If you have any questions or want to give other gifts such as non-cash gifts like stocks, bonds, or other in-kind gifts, please contact erin@thehopeco.com.