Tax-Savvy Ways To Give

Alternative Options for Your Consideration

  • Include IPS in Your Will

    Providing for IPS through your will or living trust costs you nothing now but can make a big impact on the future and in the lives of others. A few advantages include: your assets remain in your control during your lifetime; you can modify your gift to address changing circumstances; and, under current tax law, there is no upper limit on the estate tax deduction for your charitable bequests.

  • Donate Gifts of Stock and Securities

    By donating stock to IPS, not only do you receive an income tax deduction equal to the fair market value of the shares you give, but you also avoid paying capital gains taxes on the appreciation. Stock gifts can be easily made regardless of how you hold the shares. Contact the IPS office for brokerage account information.

  • IRA Charitable Transfer

    Donors age 70½ or older can transfer up to $100,000 annually from their IRAs in support of IPS. These gifts are not subject to income tax and can also count toward your required minimum distribution. Furthermore, you receive a tax benefit even if you take the standard deduction!

  • Retirement Plan

    Naming IPS as a beneficiary of your IRA, 401(k), or other account is an easy way for you to make a gift without the need to change an existing will or other financial plans. It may also help your heirs avoid the potential double taxation of assets left in your retirement account.

  • Donor-Advised Funds

    A donor-advised fund (DAF) is a simple, flexible and tax-efficient way to give to IPS. Simply open a DAF with a public charity (i.e., Schwab or Fidelity Charitable), grow your donation (tax-free), then designate grants (now or over time).

  • Donating Your Vehicle

    Donating is easy, the pick-up is free, and your gift is tax-deductible. Simply call 855-500-7433 or visit www.careasy.org/nonprofit/instituteforprinciplestudies to get the process started.

Gifts of Stock and Securities

By donating shares of appreciated securities, you may realize significant tax benefits while making a sizable contribution.

Gifts of individual stocks or mutual funds that have increased in value allow friends to generously support the mission of IPS while receiving significant tax advantages at the same time. If you decide to gift securities you have held for more than one year, not only will you receive a charitable deduction for the full value of the shares on the date of transfer, but you will avoid paying capital gains tax on the appreciated value of the donated shares.

As the IRS has granted IPS charitable tax-exempt status, we are not required to pay taxes on the sale of securities we own. That means your gift reaches even more people who are looking for discipleship to mature their understating of government.

Stock gifts can be easily made however you hold the shares – by certificate or by direct electronic transfer from your brokerage account. Should you decide to support IPS this way, we want to ensure a smooth transaction and process your gift accurately and in a timely fashion.

To facilitate your gift, please contact the IPS office along with your financial advisor.

The information on this page is not offered as legal or tax advice.  You are encouraged to consult an attorney or financial planner for details about tax advantages in your specific situation.  The Institute for Principle Studies is a 501(c)(3) organization; your gift is tax-deductible to the fullest extent allowed by law.  The Institute’s tax ID number is 20-3366904.