In addition to, tax-deductible cash gifts, there are other creative ways to give providing your and your family with significant tax benefits, including:
- Gifts of stock or other assets
- IRA Charitable Rollover: If you are currently 70.5 years old or older, you can donate up to $100,000 from your IRA directly to a qualified non profit, such as Flat Rock Playhouse, WITHOUT have to pay income taxes on that amount
- Donor Advised Funds: Ideal for donors who don’t want the expense and administrative hassles of establishing a private foundation. These funds are tax deductible and usually established through foundations such as Community Foundation of Henderson County
If you would like more information, please contact Dane Whitlock, Senior Director of Marketing and Development.