Important Charitable Tax Planning Reminders as the Year Winds Down

Gifts of appreciated stock still shine 

Giving in a roller coaster market may continue to be a real concern for many donors. Gifts of appreciated stock to a donor-advised fund or other type of fund at OCF is still one of the most tax-savvy ways to support favorite charitable causes because capital gains tax can be avoided. And of course, a stock market rally can present timely opportunities. 

Donor-advised funds help both the donor and the donor’s favorite nonprofits 

Grantmaking from donor-advised funds (DAFs) continues to rise, especially as donors and their advisors pay increasing attention to the ways a donor-advised fund can help with tax planning and, importantly, keep a donor’s giving levels consistent even in lower income years. Reach out to OCF to learn more about how “bunching” at year end can maximize clients’ tax benefits, and at the same time ensure that nonprofits are supported as demands on their missions continue to grow in choppy economic waters. 

Year-end giving deadlines are firm 

Watch the calendar closely! Year-end can sneak up on all of us, and it’s important not to miss key deadlines for accomplishing your charitable goals. Please reach out to our team to find out when certain transactions must occur to be completed during this tax year, including checks to a fund at OCF which must be postmarked or hand-delivered no later than December 31. Gifts of marketable securities also need to be fully transferred by December 31, so please contact us in plenty of time for our team to process and receive the transfer. While we will make every effort to receive and process a gift by December 31, there are situations where this may not be possible due to factors beyond our control.

Our philanthropic advisors around the state would love to talk more with you. We offer many different types of funds, depending on what you would like to accomplish with your giving. Our investment program, administrative support, personal service and expertise in Oregon will ensure that you can experience the joy of impactful giving without worrying about details.

We are here to help talk with you about these giving options, and how OCF can support your charitable goals. When you give with OCF, you’re connecting to a powerful network of generous Oregonians who share your vision for a better future. It’s an honor for OCF to partner with our donors to create lasting, measurable change.

This article is provided for informational purposes only. It is not intended as legal, accounting, or financial planning advice.