As the year draws to a close, we want to remind you that now is a great time to consider a gift to the Garden through an IRA Distribution or a gift of appreciated stock. Making your contribution this way may lower your tax bill by allowing you to contribute untaxed income before it is included in your earnings for the year. A gift in this manner, compared to contributing cash or after-tax proceeds from selling appreciated securities, may also reduce your adjusted gross income (AGI) leading to tax savings elsewhere on your return.
As always, should you have questions about this or any other financial giving we suggest that you talk to your financial advisor, accountant, or stock broker to see what option(s) are best for you. The Garden’s Federal Tax ID is 93-0511171; full information for making gifts of stock to the Portland Japanese Garden (aka Japanese Garden Society of Oregon) is here.
Learn more below:
- IRA Distributions
- Stock, Donor-Advised Funds, and Other Appreciated Assets
- Charitable Gifts of Publicly Traded Securities
To learn more about supporting the Garden, including information on gifts of appreciated stock, charitable IRA distributions, or planning a legacy gift, please contact Tom Cirillo, Chief Development Officer at tcirillo@japanesegarden.org or 503-595-5225.