Yes, you can give in more ways than one.
Here are some truly creative ways that you can support the Sacramento Guitar Society, some that don’t even cost you a penny!
- Amazon Smile – Shop on Amazon, and Amazon donates 0.5 % to SGS!
- Social Fundraising – Set up your own Facebook Fundraiser for SGS
- Employer Matching Gifts – Your employer may match your donations – coming soon!
- Investment Gifts – Donate appreciated investments & get tax deductions for the current value
- IRA Qualified Distribution – Lower the tax burden from your annual required minimum distribution by designating a gift to SGS
Every time you shop at Amazon, you could be benefiting the Sacramento Guitar Society! That’s because Amazon has set up the AmazonSmile Foundation specifically to help nonprofits in our community by donating 0.5% of the purchase price of eligible products to the charitable organization of your choice, the Sacramento Guitar Society, of course!
Click here to set up Amazon Smile with Sacramento Guitar Society as your nonprofit of choice!
Many Social media platforms have become catalysts for nonprofit fundraising. When you care about an organization that you KNOW is benefiting your community, you can set up your own fundraising page to help raise money for the Sacramento Guitar Society.
When your investments such as stocks, bonds, and CDs increase in value, you will likely be paying taxes when you sell them. Making a gift of investments allows you to take an income tax deduction equal to the full value on the date of transfer. You get a tax donation while supporting the Sacramento Guitar Society.
Review the IRS regulations on Charitable Contribution Deductions and consult with your tax adviser. When you are ready, email our organization’s treasurer to make arrangements.
IRA Qualified Distribution
IRA distributions are normally taxable events. However, you may avoid the tax burden by making a qualified charitable distribution (QCD) to the Sacramento Guitar Society.
Review the summary of the IRS regulations shown below and speak with your tax adviser.
When you are ready, email our organization’s treasurer to make arrangements.
According to the IRS Publication 590,
“A qualified charitable distribution (QCD) generally is a nontaxable distribution made directly by the trustee of your IRA (other than a SEP or SIMPLE IRA) to an organization eligible to receive tax-deductible contributions. You must be at least age 70½ when the distribution was made. Also, you must have the same type of acknowledgment of your contribution that you would need to claim a deduction for a charitable contribution. See Records To Keep in Pub. 526.”