Planned Giving encompasses various charitable giving options that allow individuals to make a significant contribution to a nonprofit organization over time or after their lifetime. Making a planned gift is a meaningful way to support ICAN’s mission and ensure the continued growth and success of our programs. 

Examples of Planned Gifts

• Charitable Bequests: a donor allocates a portion of their estate to a nonprofit in their legal will
• Retirement Fund: a donor can designate a nonprofit as a beneficiary in their retirement assets, like IRA, 401K, or pension
• Life Insurance: a donor can designate a nonprofit as a beneficiary of their life insurance policy
  & More!

Each planned giving option offers unique benefits and considerations, including tax advantages. It’s important for donors to work with financial and legal advisors to choose the best option based on their philanthropic goals, financial situation, and estate planning needs.

Donating appreciated securities, such as stocks, bonds, or mutual funds, is a tax-efficient way to support ICAN and make a lasting impact. By donating directly to us, you can maximize the value of your gift while supporting our mission

What You Can Donate

• Publicly traded stocks
  Bonds
• Mutual Funds
• Other appreciated assets (consult your financial advisor)

Why Donate Stocks or Assets?

• Gifting stocks or other assets is an easy process that can be tailored to fit your giving goals
• The value of your gift has the ability to go further
  There can be tax benefits associated

How to Donate

• Consult with your financial or tax advisor
• Collaborate with your financial institution to initiate transfer

Notify ICAN of your gift so we can acknowledge and ensure intended use of donation.

Strategic giving options, such as Donor-Advised Funds (DAFs) and Qualified Charitable Distributions (QCDs) provide unique opportunities to support ICAN’s mission while optimizing your charitable impact and tax benefits.

Donor-Advised Funds (DAFs)

A DAF is a charitable investment that allows you to contribute cash, securities, or other assets to a public charity

Steps:

• Make a contribution and take an immediate tax deduction
• Funds in the account can grow tax-free over time
  Recommend grants to any IRS-qualified charity, including ICAN, whenever you are ready to give

Qualified Charitable Distributions (QCDs)

QCDs allow individuals aged 70.5 or older to donate up to $105,000 per year directly from a taxable IRA to one or more charities, such as ICAN.

Benefits include satisfying Required Minimum Distributions (RMDs) without increasing your taxable income

ICAN is unable to offer tax advice. Please consult with your accountant or financial advisor to explore these giving options and determine the best approach for your financial and philanthropic goals.