It’s that time of year again to take advantage of year-end giving and reap some benefits for your 2022 taxes. Gifts of appreciated stock are a great way to contribute significantly to Pillars Community Health, which benefits our patients and clients. Pillars Community Health contracts with Horizons Wealth Management to assist us with these transactions. You can have your broker contact Robert Buoyat at Robert.email@example.com. If you are interested in making a gift of stock, here are some facts you should know and share with your broker.
Account Registration: Pillars Community Health
DTC Clearing Code: 0075
Account Number: 1405-3657
If you are 70 ½ or older, you can make a Qualified Charitable Distribution from your IRA directly to Pillars Community Health without incurring any income or paying any taxes. For those 72 and older, these distributions will count as your annual Required Minimum Distribution. After you spend a lifetime working and saving, you don’t want to lose any income by having to pay taxes on it or incur a penalty.
Finally, the end of the year is a great time to review legal documents and important papers. While reviewing your will or trust agreement, please consider leaving a dollar amount or percentage of your estate to Pillars Community Health. Doing this avoids taxation your loved ones would have to pay after your passing while benefitting us. These gifts would be transformational for Pillars Community Health and allow us to expand our services and help more people.
If you have any questions about donating, don’t hesitate to contact Julie Ryan, Senior Vice President of External Affairs, at firstname.lastname@example.org or 630-244-3072.