Donor Advised Funds (DAFs)
A Donor-Advised Fund allows you to make charitable contributions, receive an immediate tax benefit, and then recommend distributions from the fund over time. Donor-Advised Funds are the fastest-growing charitable giving vehicle in the U.S. because they are tax advantageous and one of the most effective ways to donate to HOPE 4 Youth.
Ask your financial or tax advisor for details.
IRA Distributions
If you’re 72 or older, you can donate up to $100,000 per tax year directly from an Individual Retirement Account (IRA) to HOPE 4 Youth. A qualified charitable distribution (QCD) is a distribution from an IRA directly to an eligible charity, bypassing the owner of the account so they are not taxed on it. QCDs count toward your required minimum distribution for the year. If you’d like to make a QCD gift, your financial institution should make the check out to “HOPE 4 Youth” and identify you as the donor by name and address.
Stocks and Securities
Gifts of stocks, bonds, mutual funds or other appreciated assets are a strategic way to support HOPE 4 Youth while securing tax benefits to maximize your support. By donating these assets, you can avoid capital gain taxes that would be required if you sold them.
For more information or assistance with a stock gift, please contact LaChelle Williams at lwilliams@hope4youthmn.org.
Planned Giving
Wills and Living Trusts
In as little as one sentence, you can complete your gift. Including HOPE 4 Youth in your will or living trust helps ensure that we continue our mission for years to come.
Beneficiary Designation
It is very simple to name HOPE 4 Youth as a beneficiary. Many donors choose the flexibility a beneficiary designation provides by using:
- IRAs and retirement plans
- Life insurance policies
- Donor-advised funds
- Commercial annuities
Start by requesting a change-of-beneficiary form from your policy administrator or download the form from your provider’s website. Make your desired changes and return the form to establish your gift.
Workplace Giving/Employer Matching Gift
Matching funds: Many companies have a matching gift program that doubles your generosity. Some companies also match volunteer hours with a financial donation. HOPE 4 Youth has received matching funds from major Minnesota companies like Medtronic, Target, Wells Fargo, and Xcel Energy. Ask your human resources department if your company has a matching program.
Thrivent Choice Dollars: If you are a Thrivent Financial member, you can donate to HOPE 4 Youth through Thrivent Choice Dollars. All you have to do is search “HOPE 4 Youth” from the Thrivent’s search page.
United Way giving: You can write in HOPE 4 Youth as your charity of choice when giving through your company’s United Way campaign.
Donate Items
We accept goods and services for our youth as well as for our event silent auctions. These items help us save money while providing you with a valuable tax deduction. Please visit our Donate Items page for more information about our Donations Center, including items we accept, hours, our current top needs list, and to shop our online wish lists.
Roadside Assistance Fund
For many young people we support, their car is a lifeline — and sometimes a place to spend the night. So when there’s trouble, it can be disastrous. Your gift to the Arrow Giving Foundation Roadside Assistance Fund will create a safety net to help a young person in need.
Questions?
Contact Nikki Kalvin at nkalvin@hope4youthmn.org