Today, there are countless opportunities and ways to give to charity, whether online, by check, or simply giving time. Although these are common giving methods, there are strategic advantages in using a planned giving vehicle. Below is one of the simplest yet effective ways you can maximize your tax benefits while making make a larger impact with your charitable donation.
A donor-advised fund is one of the most popular charitable giving vehicles sustained by a public charity. Any gift you want to contribute is held by a DAF sponsor, which means you can make a donation without picking a charity immediately. You can send the money, whenever you wish, to your charity of choice and your account will grow tax-free. At the same time, you may qualify for a tax deductible donation if you itemize.
DAFs have become popular because they are easy and flexible. You will have to research a DAF that best fits what you’re looking for and falls in line with the cause(s) you wish to support.
To figure out if a DAF is a good option for you, read more here.
Already have a plan in mind? Make your charitable donation to Goodwill of Central and Northern Arizona! Our long-term vision is to end poverty through the power of work. Every day, we provide thousands of Arizonans with training, skills, and resources to help them achieve employment. It’s all in thanks to the goodwill of others that we are able to give a hand up, not a handout, to Arizonans in need.
Contact us at 602-535-4139 if you would like to learn more and make your donation to Goodwill.
Amazing things are always happening at Goodwill of Central and Northern Arizona! Whether you are looking for a daily special or want to participate in one of our job training events, we have something for you.
*Daily deals valid at select Metro Phoenix, Prescott and Yuma locations. Please check with your neighborhood Goodwill for details.
Discount valid on used merchandise only. Not valid on food or drink, new goods, seasonal or holiday items. Not valid at Goodwill Clearance Center.