More Ways to Give
Want to give a gift of stock?
As we approach the end of the year please consider give a gift of stock. You can support Gleaners’ mission and receive substantial tax benefits. Download the form to learn more and get started.
Employer Match
Many employers sponsor matching gift programs and will match any charitable contributions or volunteer hours made by their employees. See if your employer participates in a matching gift program.
Gifts of Stock
Giving a gift of publicly traded stock that has increased value may provide greater tax benefits than giving cash. Your charitable deduction is equal to the fair market value of the stock, and you avoid paying the capital gains tax on any increase in the current value of the stock over the original purchase price. You also save by not incurring brokerage fees as you are transferring ownership rather than selling the stock. Download the form or contact Gail Lowry, Chief Philanthropy Officer, at (317) 829-1771.
Donor Advised Funds
Usually when individuals take their required minimum distribution from their Individual Retirement Accounts (IRA), it counts as income for tax purposes. An IRA charitable rollover, also called a Qualified Charitable Distribution (QCD), is an exception. Individuals age 70.5 and older can distribute up to $100,000 each year from their IRAs to their favorite 501(c)(3) charities without counting the distribution as income – this rollover or QCD is not taxable income to the donor. Please consult your accountant.
If you have already established a DAF and would like to direct a contribution to Gleaners Food Bank of Indiana, please send it to:
Gail Lowry
Gleaners Food Bank of Indiana
3737 Waldemere Ave
Indianapolis, IN 46241
Interested in funding a DAF but don’t know where to start? Please contact Gail Lowry, Chief Philanthropy Officer, at (317) 829-1771.
Mail a Check
If you prefer to send a check donation via mail rather than making an online donation, please send it to:
Gleaners Food Bank of Indiana
3737 Waldemere Ave.
Indianapolis, IN 46241