When asked, donors usually respond by writing a check. They may, however choose to make commitments over a period of time. For gifts up to $1000, that period is usually one year. For larger gifts, stretching payments over multiple years can increase the size of the gift or extend its tax advantages.
When individuals take distributions from their IRAs, it usually counts as income for tax purposes. QCDs, also called IRA Charitable Rollovers, are an exception. Individuals 70½ year of age or older can distribute up to $100,000 each year from their IRAs to their favorite 501(c)(3) organizations without counting the distribution as income.
Giving personal property such as equipment or works of art is yet another way to help Five Valleys protect the lands and waters you love.
Marketable securities held long term are becoming a very popular way to make gifts. Such gifts of appreciated property can have an immediate impact on Five Valleys' projects and also create an immediate income tax deduction for you based on their current value. And, because there is no capital gains tax when you make the gift, you save on taxes twice. Interested in making a gift of stock?
Real estate, which can be used for either an outright or planned gift, can offer favorable tax benefits. Real estate gifts are reviewed by a committee of the Board of Directors to assure they will be usable by Five Valleys.
A gift of cash or property made through a will or living trust continues your tradition of giving.
You can leave all or a portion of your retirement plan to Five Valleys to help fund our mission. Simply designate Five Valleys as your beneficiary with the company that manages your plan.
With Five Valleys named owner and beneficiary of a paid-up insurance policy, Five Valleys gains support and you receive a charitable deduction.
By placing assets in a charitable trust, you or your designated beneficiary can enjoy lifetime income from the trust and tax benefits at the same time. Upon termination of the trust the remainder goes to Five Valleys Land Trust.
In exchange for a gift of cash, marketable securities or – in some cases – real estate, Five Valleys will contractually guarantee to pay you and/or your beneficiary a specified annuity. The annuity can be immediate or deferred and can provide substantial income and estate tax benefits.
A charitable lead trust provides for a gift of an income interest to Five Valleys Land Trust from property placed in the land trust for a term of years, after which the property reverts to you or a non-charitable beneficiary you designate.
Originally enacted in 1997, the Montana Income Tax Credit for Endowed Philanthropy encourages charitable giving to qualified endowments by offering incentives to Montana taxpayers. An endowment is a fund held by a tax-exempt organization where the principal of the fund is not wholly expendable. Only the interest and appreciation earned in an endowment fund can be used for current operations, providing a stable source of funding to help organizations like Five Valleys meet long-term needs.
Through this unique tax credit incentive, a person, business, or organization paying income taxes in the State of Montana can receive a reduction on the taxes s/he owes – up to $10,000 per year – by making a qualified charitable contribution to a qualified endowment. Five Valleys has a qualified endowment.
Provides a credit against state income tax liability in the amount of 20% of the present value of an outright gift by a business entity to a permanent endowment of a Montana charity up to a maximum of $10,000 per year per taxpayer. (Applies to corporations, small business corporations, partnerships, or limited liability company taxpayers)
The tax credit provides a unique opportunity to significantly reduce the taxes you owe, while making an important gift for the future of Five Valleys' work.
Provides a credit against state income tax liability in the amount of 40% of the present value of any planned gift to a permanent endowment of a Montana charity up to a maximum amount of $10,000 per year per taxpayer. (Applies to individual or business entity taxpayers)
