The year is coming to a close, and as we enter the season of generosity, I want to share a few timely reminders about year-end charitable giving through Waco Foundation. Our staff are here to help donors support the causes they care about most by accepting and administering a wide range of assets, from traditional gifts to more complex contributions.
Waco Foundation facilitates charitable giving all year by accepting and administering non-cash assets and complex gifts such as:
• Publicly Traded Stock
• Closely Held Business Interests
• IRA Charitable Rollovers
• Donor Advised Funds
• Planned/Legacy Gifts
• Electronic Currency
• Farm and Agricultural Equipment
• Year-End Giving Guidance
Year-End Giving Tips
Donation Dates:
To ensure that your donation is counted within 2025 please submit any Donor Advised Fund Grant Requests before December 12th and make sure any checks are postmarked before December 31st.
Stock
A donor may avoid capital gains tax by donating appreciated stocks, bonds, or mutual fund shares they have held “long-term” (more than one year) to a nonprofit. The donor is able to claim a federal income tax charitable deduction for the fair market value of the security, rather than the original purchase price. It’s important that the donor transfer the appreciated stock directly to the charity to avoid triggering a taxable event. Waco Foundation can accept and liquidate stock and forward the proceeds to your favorite charity.
Donor Advised Funds
Donor Advised Funds are a flexible giving tool. A donor establishes a fund with an initial charitable gift of cash, securities, or other qualifying property and receives an immediate charitable deduction. The donor may then recommend grants to qualified charities year-round. Donor Advised Funds are particularly helpful for donors who “bundle” their charitable deductions in a single year.
IRA Charitable Rollover (Qualified Charitable Distribution)
Individuals age 70 ½ or older may transfer up to $108,000 in 2025 directly from their Individual Retirement Account (IRA) to a qualified public charity. These gifts can count toward required minimum distributions (RMDs) and are excluded from taxable income.
Gifts of Business Interests
When transferring or selling a family business, donors may consider including charity in the plan prior to the transfer. By gifting a business interest directly to a charity—whether in the form of closely held stock, a limited partnership interest, or LLC membership units—the donor may be able to claim a charitable deduction for the appraised value of the interest and potentially avoid capital gains tax on the gifted portion.
For more information about year-end giving options, please contact a member of our donor services department at Waco Foundation.
Leah Berry
Stewardship and Giving Coordinator
lberry@wacofoundation.org
Betsy Daniels
Director of Communications & Donor Services
bdaniels@wacofoundation.org
Natalie Kelinske
Senior Director of Communications & Donor Services
nkelinske@wacofoundation.org