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Stocks and Securities

Stocks and Securities

Your generous, tax deductible donation to Dixon Center for Military and Veterans Services will make a positive difference in the lives of veterans and their families. Don’t just make an investment. Have an impact.

Dixon Center for Military and Veterans Services accepts stock and other securities as charitable donations.

One of the possible options to reduce your capital gains tax is by donating stock, specifically appreciated stock. There is a provision in the federal tax code that allows benefactors to reduce their capital gains tax, when they donate appreciated stock that they have held for more than a year and is the fair market value of the appreciated security and given to an IRS qualified charity.

In most situations donors can deduct the gift and avoid paying capital gains taxes on the appreciation. It is important to keep in mind, that if you have a stock that has lost or is losing value, it is likely better to sell it before making the donation.  This allows you to still be able to deduct your charitable donation but also gives you the opportunity to also take a capital loss when you sell the investment.

Please contact our Director of Development, Eileen Greenlay at egreenlay@dixoncenter.org or (917) 751-5661, she can work with your broker and provide stock transfer instructions.

PLEASE NOTE: As a subsidiary of The Fedcap Group, you MUST designate the grant specifically to “Dixon Center for Military and Veterans Services” for your gift to be restricted to our mission.

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Will or Trust

Will or Trust

Your generous, tax deductible donation to Dixon Center for Military and Veterans Services will make a positive difference in the lives of veterans and their families. Don’t just make an investment. Have an impact.

Remembering Dixon Center for Military and Veterans Services in your will or trust.

Planned giving is a powerful way to support veterans and military families while leaving a legacy. These gifts—made through cash, real estate, stocks, bonds, personal property, or life insurance—can reduce income and estate taxes, provide income for you or your heirs, and help achieve your personal and charitable goals. 

How Can I Leave a Planned Gift?

Leaving a legacy in your will is as simple as sharing this statement with your attorney or financial planner: “I bequeath $_____ or _____% of my estate to Dixon Center for Military and Veterans Services, a The Fedcap Group agency, 633 3rd Avenue, 6th Floor, New York, NY 10017-6706 (Federal Tax ID #13-5645879).”

Beneficiary Listed As:   Dixon Center for Military and Veterans Services

Federal Tax ID#:             13-5645879

Mailing Address:            Dixon Center for Military and Veterans Services
                                           The Fedcap Group 633 3rd Avenue, 6th Floor
                                           New York, NY 10017-6706

If you have any questions about making strategic donations through any of the options, please reach out to our Director of Development, Eileen Greenlay at egreenlay@dixoncenter.org.

Additional Information

The information on this website is not a substitute for professional financial advice. While we have done our best to ensure that the information provided is accurate and provides valuable information, professional advice can help you with your specific circumstances.

While your attorney or financial planner is the best person to advise you on your specific planned giving; we are here to answer questions about the impact your gift will make for our nation’s families. Should you need a copy of our IRS Determination Letter, a signed W-9, or any additional information, we are happy to provide that documentation.

PLEASE NOTE: As a subsidiary of The Fedcap Group, you MUST designate the grant specifically to “Dixon Center for Military and Veterans Services” for your gift to be restricted to our mission.

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Retirement Assets, IRAs, and Required Minimum Distributions

Retirement Assets, IRAs, and Required Minimum Distributions

Your generous, tax deductible donation to Dixon Center for Military and Veterans Services will make a positive difference in the lives of veterans and their families. Don’t just make an investment. Have an impact.

Starting at age 72 (or 70½ if you reached that age before January 1, 2020), the IRS requires annual IRA withdrawals called Required Minimum Distributions (RMDs). Failing to take an RMD results in a 50% penalty. To meet this requirement in a tax-efficient way, individuals can make charitable contributions directly from their IRA. 

A Qualified Charitable Distribution (QCD) is a direct transfer from your IRA custodian (e.g., Vanguard, Schwab, Fidelity) to Dixon Center for Military and Veterans Services or another qualified charity, in your name. 

You can donate up to $108,000 annually through QCDs. This limit applies to the total given to one or more charities. If you file jointly, your spouse may give an additional $108,000 in the same year. 

QCDs must be completed by December 31 of that calendar year. Tatum Causey at tcausey@dixoncenter.org for assistance with instructions for your IRA custodian. 

Ask your financial institution to include your name and mailing address on the check or in an enclosed letter, and to note that the donation is a QCD. 

PLEASE NOTE: As a subsidiary of The Fedcap Group, you MUST designate the grant specifically to “Dixon Center for Military and Veterans Services” for your gift to be restricted to our mission.

ADDITIONAL INFORMATION

The information on this website is not a substitute for professional financial advice. While we have done our best to ensure that the information provided is accurate and provides valuable information, professional advice can help you with your specific circumstances.

While your attorney or financial planner is the best person to advise you on your specific planned giving; we are here to answer questions about the impact your gift will make for our nation’s families. Should you need a copy of our IRS Determination Letter, a signed W-9, or any additional information, we are happy to provide that documentation.