Donate stocks and mutual funds

Gifting stock, mutual funds, and/or bonds are simple and powerful ways to support INN’s work to serve, strengthen and uplift its 500+ members. It also offers you a number of financial benefits:

You can easily donate appreciated stocks, bonds, or mutual funds
The total value of the stock upon transfer is tax-deductible
There is no obligation to pay any capital gains taxes on the appreciation

Note: Individual situations vary so donors should consult their financial advisors

How to donate stock shares

Step 1: Complete your transfer

A. Decide which shares of stock you want to donate.

You’ll need

the name of the stock
its ticker symbol (if publicly traded)
the number of shares to be donated
the intended transfer date.

B. Please contact Lisa Gardner-Springer (lisa@inn.org) with the subject line “Stock Gift to INN” so she can share the financial information (DTC and account) about where to send stock shares to INN.

You will also need our name, address, and EIN

Institute for Nonprofit News

8549 Wilshire Blvd., Suite 2294, Beverly Hills, CA 90211

EIN: 27-2614911

Interested in making a gift of stocks, mutual funds, or bonds in the form of a physical certificate? These types of donations may be handled a little differently. Reach out to lisa@inn.org with any questions.

Step 2: Let us know about your gift of stock

Stock donations transferred to our account aren’t accompanied by donor information. We want to be sure we can acknowledge your charitable donation of stock and send you a tax receipt, so please be in touch by contacting Lisa Gardner-Springer at lisa@inn.org.

Qualified Charitable Distributions (QCD)

If you’re 70-1/2 or older, you can donate up to $111,000 per tax year directly from an Individual Retirement Account (IRA) to charities like the Institute for Nonprofit News.

Qualified Charitable Distributions (QCD), otherwise known as IRA charitable rollovers or IRA gifts, are a great way to support our lifesaving work by allowing your dollars to go further: QCDs may be excluded from your taxable income and qualify towards your required minimum distribution (RMD).

What are the IRA charitable rollover rules?

Here’s how a Qualified Charitable Distribution (QCD) works:

You must be 70-1/2 or older at the time of gifting your IRA to charity.
You may distribute an amount, up to $111,000 in a calendar year, to one or more public charities, so long as it is completed by December 31 of that year.
Your IRA administrator must make the distribution directly to the charity, or you may write a check to the charity from your IRA checkbook. Funds that are withdrawn by you and then contributed do not qualify.

Benefits of making an IRA gift

QCDs count toward your required minimum distribution for the year. If you have to take your required minimum distribution but you don’t want or need the funds, QCDs are a good way to distribute the amount out of the IRA. As an added benefit, you’ll avoid paying income tax on your gross income up to $111,000.

Are there any QCD restrictions?

Per IRS regulations, QCDs cannot be made to a donor advised fund (DAF). A QCD can be made to your sponsoring 501(c)(3) organization if there are programs that you can fund outside of your DAF. Such purposes include general support for the charity or for other programs they may maintain outside of their role as a DAF sponsor.

For additional information on QCDs and DAFs, please contact your charitable sponsor.

How to make an IRA qualified charitable distribution

Here are the steps to take to make a gift from your IRA:

Contact your IRA administrator and instruct that person to transfer funds to the charity you designate.
Help us credit your gift and thank you by having your IRA administrator include your full name and mailing address on the gift. Also, have your administrator note that the transfer is an IRA Qualified Charitable Distribution. We do not encourage restricted gifts.
If you’d like to make a QCD gift, your financial institution should send the funds either by electronic transfer or a check made out to “Institute for Nonprofit News” and identify you as the donor by name and address. INN’s EIN is 27-2614911.

They can mail the check to: