The Davis Phinney Foundation is always looking for ways to not only help people with Parkinson’s live well, but for smarter ways for our community members to support the causes they care about while being tax-savvy. If you are unsure how you want to support the Davis Phinney Foundation, we encourage you to learn more about several new ways to give back that can support the Davis Phinney Foundation and your finances this year.
August is National Make-a-Will Month, a moment where we take stock of all the people and causes in our lives and make plans for the future. Creating a will can be the most important way to protect the people we love, and a way to make a lasting legacy with the Davis Phinney Foundation. It’s a gift that costs nothing today, but helps you and the Davis Phinney Foundation plan for the future.
You can start your will today at FreeWill.com/DPF.
Qualified Charitable Distribution
If you are 70 ½ or older and have a traditional IRA, you are eligible to make a tax-free donation, regardless of whether or not you itemize deductions on their tax return! These gifts, called Qualified Charitable Distributions, are the smartest way you can give back. You can use our online tool to either make your gift online, or print out the necessary forms to complete your gift offline.
Visit FreeWill.com/QCD/DPF to make your tax-free gift today.
If you have appreciated assets, transferring those assets directly to the Davis Phinney Foundation is a smart way to give this year. Transferring stocks directly from your account to the Davis Phinney Foundation helps you avoid paying the capital gains tax, and allows you to donate the full amount of your stock.
The easiest way for you to gift stock or securities to the Davis Phinney Foundation is through an electronic transfer from your brokerage account to Davis Phinney Foundation’s account. Please remind your broker to include your name, contact information, and special instructions for the transfer. This information is essential for timely acknowledgment. When stocks are transferred electronically, we are informed only of the stock name and the number of shares, not the name of the donor. If you don’t share your gift intent with us, it may delay the gift acknowledgment for tax reporting purposes.
We hope these new ways of giving will inspire you to make a smart donation this year. Thank you for supporting the Davis Phinney Foundation in our mission to help people with Parkinson's live well TODAY.