Happy holidays from all of us at Grand Teton National Park Foundation! In the midst of a busy season of giving, we have a few creative ideas for everyone to support your favorite national park before the end of the year.
Appreciated stock: If you have owned a publicly traded, highly appreciated stock for more than one year, there are many benefits to giving it as a gift. Donating appreciated stock to a 501(c)3 organization allows you to avoid the capital gains tax, which in extreme cases could be as high as 23.8%. You can take a charitable deduction for the full fair market value of your stock on the day you give it away.
AmazonSmile: Do you shop on Amazon? Visit smile.amazon.com, select Grand Teton National Park Foundation as your charitable organization, and .5% of the price of your eligible AmazonSmile purchases will go to the Foundation and support our work in Grand Teton National Park. AmazonSmile is the same Amazon you know. Same products, same prices, same service, but more generous!
Individual Retirement Account (IRA): Recent changes in federal tax law have resulted in fewer taxpayers who itemize deductions. Without access to deductions for itemized donations, more and more donors are noticing the benefits of qualified charitable donations, including IRAs. Donors at least 70.5 years or older can donate up to $100,000 tax-free, making them a terrific way to support favorite charities. Please let us know if you are interested in making such a gift.
Giving to the Foundation is an investment in the longevity of Grand Teton National Park. Since 1997, the Foundation has supported special projects in Grand Teton. From wildlife and habitat conservation, cultural resource preservation, and youth engagement, to protecting the last privately-held acre on the historic Mormon Row, your generosity makes a difference to all those who visit this beautiful place.
Thank you for your continued enthusiasm and support, we could not accomplish all we do without you. Happy holidays!
*Before giving the gift of appreciated stock or through your IRA, speak with your advisor about donating assets that have gained value or consider starting a donor-advised fund.