Tax-Efficient Ways to Give
There are many ways to support nature.
Central Indiana Land Trust is a 501(c)3 nonprofit, and all gifts are tax deductible.
Our Tax ID Number is 35-1816493.
Donate Stock or other appreciated securities
Donating appreciated assets such as stocks, bonds, or mutual funds can be a tax-efficient way to make your donation to the Central Indiana Land Trust go further and protect more nature.
Our stock gift instruction document includes all the information your stockbroker or financial institution will need to help you make a gift of stock or other appreciated securities. It also provides step-by-step directions on how to make this type of gift.
CILTI is Tax Exempt
Donating appreciated stock has a special benefit that doesn’t apply to regular cash donations. You can avoid paying capital gains tax on the appreciation of the stock you donate. Because CILTI is tax exempt, it won’t pay capital gains taxes on the donated stock. This allows you to make a larger gift through appreciated stock than you might have given in cash. To illustrate this, consider this example comparing a $50,000 gift through a cash donation or a donation of appreciated stock:
| A Donation of $50,000 to CILTI | ||
|---|---|---|
| Type of Donation | $50,000 Cash | $50,000 of appreciated stock originally bought at a price of $20,000 |
| Charitable Deduction | Deduction (up to adjusted gross income limitation) | Deduction (up to adjusted gross income limitation) |
| Capital Gains Savings | N/A | $9,000 (assuming 30% combined federal and state tax rate) |
| With an extra $9,000 you would save by making a gift through appreciated stock, you could make a larger gift to protect nature. | ||
Type of Donation:
$50,000 Cash
Charitable Deduction:
Deduction (up to adjusted gross income limitation)
Capital Gains Savings:
N/A
Type of Donation:
$50,000 of appreciated stock originally bought at a price of $20,000
Charitable Deduction:
Deduction (up to adjusted gross income limitation)
Capital Gains Savings:
$9,000 (assuming 30% combined federal and state tax rate)
With an extra $9,000 you would save by making a gift through appreciated stock, you could make a larger gift to protect nature.
Give from your IRA
If you are over the age of 70 ½, there is a tax-effective way for you to support CILTI through a charitable IRA Rollover. This allows you to disburse funds directly from your IRA to CILTI without incurring taxable income yourself. Additionally, these charitable gifts may fulfill all or a portion of the required minimum distributions (RMD) that are disbursed annually from your IRA. You can contact the institution that holds your IRA to ask how you can initiate this type of gift.
Frequently Asked Questions
Additional Questions?
Please contact the Central Indiana Land Trust to let us know you are initiating this donation. Often stock donations do not arrive with donor name or information.
Stacy Cachules
Chief Operating Officer
Among her many key duties as Assistant Director, Stacy has the critical task of tracking our budget, making sure we channel donations for maximum efficiency. When her workday’s done, Stacy loves to spend time with her two young boys—and when not traveling, she’s likely planning the next travel adventure.
Current News
August 21, 2024
Phil Schaefer not only has supported CILTI in the past as our Special Projects Coordinator, he also is a longtime volunteer—and a member of the Burr Oak Society.
