11 Ways to Give
Explore a range of giving options to meet goals for every stage of your life.
For charitable donors, certain gifts can offer tax-effective solutions to life goals.
In all cases, consult your own tax advisor for professional guidance.
Gifts of cash
DONOR GOALS
- Quickly donate cash via Givebutter or check
- Put your donation toward current EWAN needs
- Make a gift that is tax deductible
BENEFITS
- Giving is simple and fast
- You receive a federal tax deduction
- Your support is immediate
Gifts of appreciated stock
DONOR GOALS
- Support EWAN without reducing your cash
- Avoid long term capital gains on appreciated securities
- Income tax deductibility
BENEFITS
- You may receive a federal tax deduction on the fair market value
- Avoid long term capital gains on any appreciation
- EWAN can sell or invest your stock donation to meet its needs
Gifting a Qualified Charitable Distribution
DONOR GOALS
- Simple arrangements
- Make a current gift
- Satisfy your retirement plan Required Minimum Distribution (RMD)
- Avoid taxation on RMD income or rollover
BENEFITS
- Since the funds are transferred directly to EWAN, you avoid income tax on the RMD or rollover (there is no income tax deduction for the transfer itself)
- Transfer/donation will count toward your annual RMD requirement
- EWAN can use the donation for current or future needs
Consult your tax professional for current minimum age requirements and restrictions.
Information you may need:
Legal Name: Elmhurst Walk-in Assistance Network
Address: 125 W Church Street, Elmhurst, IL 60126
Tax ID (EIN): 31-1650035
A gift of closely held business stock
DONOR GOALS
- Minimize taxes on your own business
- Avoid capital gains tax
- Income tax deductibility
BENEFITS
- Full market value is tax deductible
- Pay no capital gains tax on the appreciation in value
- Your company may repurchase the stock to maintain ownership interest, though making this a requirement of the gift may affect tax results.
- EWAN can use the donation for current or future needs
Consult a professional for a qualified appraisal of the stock value and for current tax guidance.
Making a charitable bequest
DONOR GOALS
- Make a significant gift to EWAN without affecting your current life funds
- Flexibility with type of gift: cash, property, remaining balances
BENEFITS
- Reduce estate and death taxes
- Retain control over your assets during your lifetime
- You can change the bequest or designation at any time
- You can ensure EWAN's has future support
Gifting retirement plan benefits, in life or at death
DONOR GOALS
- Make a significant gift to EWAN without incurring an income tax obligation on your heirs
BENEFITS
- If you're over 70-1/2 years old, the gift offsets your RMD.
- If you use appreciated assets instead of cash, you can avoid capital gains taxes on the appreciation.
- Avoid estate tax on retirement-plan assets while making other property available to pass to your heirs
- Tax-efficient gifting of retirement plan assets avoids income taxability for heirs
You must be at least 59-1/2 years old to execute a distribution to yourself from an IRA, 401(k), 403(b) or similar plan without incurring a penalty. If you are over 70-1/2, you can direct a distribution directly to EWAN from your IRA.
Rules can change. Consult your tax professional for current minimum age requirements, restrictions and benefits.
DONOR GOALS
- Make a gift to EWAN without incurring an income tax obligation on your heirs
- Avoid estate taxes on all or part of your plan assets
BENEFITS
- Significant savings on income and estate taxes
- EWAN receives funds to ensure our future work in the community
Rules can change. Consult your tax professional for current minimum age requirements and restrictions.
Gifting from a charitable gift annuity
DONOR GOALS
- Make a gift of cash or assets to EWAN
- Receive a partial tax deduction
- Receive a fixed income stream, starting now, from EWAN that is partially tax-free, depending on type of gift (property or cash)
BENEFITS
- Favorable tax treatment of income stream
- Appreciated assets can avoid partial capital gains taxes
- EWAN receives the balance at end of the annuity to ensure our future work in the community
Annuities can be affected by state law. As always, consult your tax advisor for current guidance.
Gifting from a deferred payment gift annuity
DONOR GOALS
- Make a gift of cash or assets to EWAN
- Receive a partial tax deduction now
- Plan ahead for retirement income
- Receive a fixed income stream from EWAN at a future date, that is partially tax-free, depending on type of gift (property or cash)
BENEFITS
- Favorable tax treatment of income stream
- Appreciated assets can avoid partial capital gains taxes
- EWAN receives the balance at end of the annuity to ensure our future work in the community
Annuities can be affected by state law. As always, consult your tax advisor for current guidance.
Gifting from a charitable remainder Unitrust
DONOR GOALS
- Make a gift to EWAN
- Get a tax deduction
- Have a variable income stream to beneficiaries
- Avoid possible capital gains tax
BENEFITS
- Can transfer cash or property
- Trustee manages trust according to your instructions and makes payments to your designated income beneficiaries
- Trust remainder provides support to EWAN
Always consult your tax advisor for current guidance.
Gifting from a charitable remainder annuity trust
DONOR GOALS
- Make a gift to EWAN
- Get a tax deduction
- Have a fixed income stream to beneficiaries
- Avoid possible capital gains tax
BENEFITS
- Can transfer cash or property
- Trustee manages trust according to your instructions and makes payments to your designated income beneficiaries
- Trust remainder provides support to EWAN
Always consult your tax advisor for current guidance.
Gifting from a nongrantor charitable lead trust
DONOR GOALS
- Make an annual gift to EWAN today
- Avoid transfer taxes on appreciated assets
BENEFITS
- Can transfer cash or property
- Trustee professionally manages trust assets and makes payments
- No taxes on annual income of the trust
- Can reduce gift and estate taxes on value and appreciation of assets transferred to the trust
- Trust remainder is transferred to heirs
- Annual gift to EWAN supports current work
Always consult your tax advisor for current guidance.
Legacy Giving Contact:
Executive Director
* Always consult a tax professional for guidance.
Photo by Vitaly Gariev on Unsplash
