Ways To Give

Make a One-time or Recurring Monthly Donation

Donate Online

Donate Stock

BENEFITS
Avoid Taxes on Capital Gains – When you donate appreciated stock held for more than a year, you avoid paying capital gains tax on the stock appreciation. Additionally, high-income earners can avoid being subject to the 3.8% Net Investment Income Tax on capital gains. Receive a Tax Deduction – When you donate stock directly to a charity that you’ve held for more than a year, you are eligible for a charitable deduction equal to the fair market value of the donated stock. If you held the stock for one year or less, it's considered a short-term holding and you are only able to deduct your cost basis, not the appreciated fair market value.

OTHER CONSIDERATIONS
Deduction Limits – The IRS limits the amount you can deduct for charitable contributions of appreciated stock to 30% of your adjusted gross income for the tax year. If your donation exceeds this limit, you can carry the excess deduction forward for up to five years.

Qualified Charitable Distributions

Individuals 70 ½ or older can donate up to $111,000 directly from an IRA in 2026 through a Qualified Charitable Distribution (QCD). For a married couple, the $111,000 limit applies separately to each spouse with an IRA that is 70 ½ or older for a combined limit of $222,000.

BENEFITS
Donors do not report the QCD portion of their Required Minimum Distribution (RMD) as taxable income. This allows the full amount of the QCD to be deducted directly against the RMD rather than included as an itemized deduction. The donor gets the benefit of the donation and the standard deduction.

QCDs are especially valuable to taxpayers who do not have enough itemized deductions to exceed the available standard deduction, effectively converting the charitable contribution from having no or only partial tax benefit to being deducted in full.

A QCD lowers your gross income and can potentially reduce those taxes based on adjusted gross income, such as the 3.8% Net Investment Income Tax, how much of your Social Security is taxed or Medicare Parts B and D premium surcharges.

OTHER CONSIDERATIONS:
QCDs cannot be directed to a Donor Advised Fund

Beneficiary Designations

You can designate a nonprofit as the beneficiary of your retirement plan assets, IRA, or life insurance policy. With a beneficiary designation, you maintain control of your assets during your lifetime.

When you complete the beneficiary designation form provided by the institution where your account is held, simply name the “Boys and Girls Club of Harrisonburg and Rockingham” as a full or partial beneficiary and provide our tax identification number (Tax ID# 54-1652418).

RETIREMENT PLANS
Including the BGCHR as a beneficiary enables your heirs to avoid substantial income taxes that would be due if a retirement plan were left to non-spousal heirs.

INSURANCE POLICIES
There are a number of ways you can name the BGCHR as a beneficiary of an insurance policy, whether through your employer’s group policy or a separate policy that you hold individually.

Charitable Remainder Trusts

A Charitable Remainder Trust (CRT) is an irrevocable, tax-exempt trust that provides income to one or more non-charitable beneficiaries for a specified period, with the remainder passing to a designated charity once that period ends. CRTs are appealing to those seeking tax-efficient ways to convert appreciated assets, receive income, and support charitable causes long term.

HOW A CRT WORKS
The trustor donates assets–such as cash, stocks, or real estate–to the CRT and becomes eligible for a partial income tax deduction based on the present value of the remainder ultimately going to charity.

Income from the trust is paid out to the trustor or other named beneficiaries for a set term (up to 20 years or life), which can help meet retirement or estate planning goals.

After the term ends, the remaining assets are distributed to one or more charitable organizations chosen by the trustor.

BENEFITS
After the term ends, the remaining assets are distributed to one or more charitable organizations chosen by the trustor.

Provides steady income and potential creditor protection for beneficiaries.

Offers an immediate charitable income tax deduction for the remainder value and can also reduce estate taxes.

In-kind Donations

Items Typically Needed:
School / Office Supplies, Paper (printer paper, notebook paper), Art Supplies (markers, paint, brushes, canvas, etc.) Other In-Kind Items: Summer Camp t-shirts (imprinted) Other In-Kind Service: Volunteer – Yoga instructors, Karate Instructors, Dance Instructors, etc.

These are examples of some of the donated items & services we could use at our Clubs. Please contact Sandra Quigg squigg@bgchr.org with any questions regarding in-kind donations.