As we approach the end of 2021, please remember that we are here to assist you with year-end contributions into your charitable fund. We offer several ways to contribute:
ONLINE DONATIONS
Submit an online donation via credit card by midnight on Friday, Dec. 31. CICF accepts all major credit cards: Visa, MasterCard, American Express and Discover. The IRS states that charitable gifts made by credit card are deemed made on the date the charge is posted to your account as shown on your credit card statement.
Donate to your fund via CICF Connect or online here.
CHECK
Checks may be mailed to our CICF or Hamilton County office locations. All checks must be dated AND postmarked on or before Friday, Dec. 31 to be considered a 2021 fund contribution. Checks being dropped off must arrive by noon on Dec 31. Please include the fund name in the note section of your check.
Mail or deliver to:
Central Indiana Community Foundation
ATTN: Operations
615 N. Alabama St, Suite 300
Indianapolis, IN 46204
Hamilton County Community Foundation
ATTN: Operations
11810 Technology Dr.
Fishers, IN 46038
WIRE TRANSFER
Instruct your financial institution to wire your cash contribution on or before Friday, Dec. 31. Please notify CICF controller, Brenda Delaney, at BrendaD@cicf.org when a transfer is taking place for tracking purposes. Additional instructions are available here.
CHARITABLE STOCK DONATION OR MUTUAL FUNDS
Contributions must be received in CICF’s BNY Mellon account on or before Friday, Dec. 31 to be designated as a 2021 gift; however, contributions of mutual funds must be initiated before Wednesday, Dec 15. Please notify CICF controller, Brenda Delaney, at BrendaD@cicf.org, regarding the amount and the date the transfer takes place, so she may follow up. Additional instructions are available here.
IRA QUALIFIED CHARITABLE DISTRIBUTION
If you are at least 70½ years old, you may make a qualified charitable distribution of up to $100,000, or $200,000 for a married couple, from your annual required minimum distribution from your IRA directly to a qualified public charity, which includes any fund at CICF except donor-advised funds. Qualified charitable distribution (QCD) transfer frequently offer a tax-efficient strategy for annual donors giving to our unrestricted community endowment funds, including our angel investors, equity partners, and other donors who qualify to accomplish these gifts. The gifted assets will not be recognized as income and will not trigger federal income taxes. QCD contributions also may be made to scholarship, designated, field of interest and charitable organization endowment fund as well as to special charitable fund types specifically for QCD contributions. The transfer from your IRA administrator to CICF must take place on or before Friday, Dec. 31.
To learn more and ensure a proper transfer, contact:
Sarah Weaver, J.D.
Director of Charitable Gift Planning & Legal Counseling
SarahW@cicf.org
317.634.2423 x510
Please let us know if you have any questions or concerns and if we can be of help in any way.
We appreciate your continued partnership, and we wish you and your loved ones a safe and happy holiday season.
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