Other Ways to Give

Support Methow Valley Citizens Council’s work by making a gift of stocks, bonds, or mutual funds. A gift of appreciated securities provides significant benefits, including an immediate charitable deduction for the full market value of the stock and avoidance of capital gains taxes that would normally be due upon sale.

Benefits:

• You receive credit and an immediate tax deduction for the fair market value of your stock gift on the date it was transferred to Methow Valley Citizens Council. (Consult your tax advisor regarding limitations on deductions for gifts of securities held for less than one year.)

• You pay no capital gains tax on the donated stock.

• Your gift of stock or mutual funds can also be used to fund a charitable gift annuity [link to this in the Legacy page] or charitable remainder trust [link to this in Legacy page], which can provide you with income for life.

Transfers of stocks or mutual funds typically take a few business days. Mutual fund transfers from direct fund brokers can be expedited if we have notification about an upcoming gift. Please send notifications to jasmine@mvcitizens.org.

How to Give Stock

1. Instruct your broker to transfer shares to Methow Valley Citizens Council.
2. Contact us at (509) 997-0888 x3 or jasmine@mvcitizens.org to provide information about your gift. Donor information is not always included when stock gifts are received, so we appreciate notification about a forthcoming gift.
3. If you own stock that is now worth less than when you bought it, consult your tax advisor about the possible advantages of selling the stock yourself, donating the proceeds to Methow Valley Citizens Council, and claiming a capital loss on your tax return.

Methow Valley Citizens Council Stock Transfer Information

Broker: Fidelty

Routing (ACH) number: 101205681

Our account number: 39900000750392081
Methow Valley Citizens Council Tax ID: EIN 91–1061350

This is for MVCC supporters aged 70-½ or older. At this age, you must begin taking required minimum distributions if you have a traditional IRA, even if you don’t want or need the money. Instead of taking a disbursement and paying taxes on these funds, a Qualified Charitable Distribution (QCD) from your IRA is worth considering. You can make an immediate impact!

Benefits:

• Your gift counts toward your annual required minimum distribution
• Your gift lowers your taxable income

Each financial institution has its own process for initiating a QCD, so follow their instructions.  and email  at jasmine@mvcitizens.org or call (509) 997-0888 x3 for additional information about how your gift will benefit MVCC.

Here’s how it works:

• Your gift must be transferred directly from your IRA account to Methow Valley Citizens Council.
• Your gift is a transfer of funds from your IRA to Methow Valley Citizens Council, so while you do not receive a charitable deduction, it does not create taxable income for you.
• You may transfer up to a total of $105,000 per year (individual) or $210,000 (married couple).
• If you are required to take a Required Minimum Distribution (RMD) from your IRA, your gift can count towards it, but your gift is not limited to your RMD. If you are using a checkbook issued by your IRA administrator to make your gift, please send your gift as early as possible to ensure that it qualifies for a distribution in the current year.

Submitting your gift:

Sample letter for your IRA administrator here.

Methow Valley Citizens Council Financial Information:

Legal name: Methow Valley Citizens Council

Address: PO Box 776, Twisp, WA 98856

Federal Tax ID number: 91–1061350

When you are corresponding with your IRA administrator, please request that both your full name and address are included with your distribution. This allows us to identify you as the source of the distribution, and to provide you with a tax receipt that includes the appropriate language for recognizing qualified charitable distributions.  You would be surprised at how often financial institutions send us checks without telling us the name of the donor!

Additionally, please contact us to let us know to expect the gift, including your name, address, gift amount, and financial institution issuing the gift.

Recommending a donation to Methow Valley Citizens Council through your donor-advised fund is simple. We accept donations from all donor-advised funds, including Community Foundation of North Central Washington (https://cfncw.org/).  You can go through your institution’s grant-making process and recommend a contribution to Methow Valley Citizens Council. Our tax ID is 91–1061350.

Legacy gifts are about planning for the future – your future and the future of the Methow Valley’s lands, water, and wildlife. Popular legacy giving opportunities such as a bequest or naming Methow Valley Citizens Council as a beneficiary of a life insurance policy or retirement account are accessible to many people.

Contact Jasmine Minbashian at (509) 997-0888 x3 or jasmine@mvcitizens.org to discuss your legacy giving opportunities.

The following information is offered for educational purposes only. Your professional financial adviser should always be consulted in the estate planning process.

A well-known legacy giving option is supporting MVCC with a bequest in your will or revocable trust. After your lifetime, Methow Valley Citizens Council receives the gift and applies it to the purposes you specified. Benefits include:

• Your assets remain in your control during your lifetime
• You can modify your bequest if your circumstances change
• There is no upper limit on the estate tax deductions that can be taken for charitable bequests
• You know that your gift will benefit MVCC tomorrow, just as you intend it to today

A well-known legacy giving option is supporting MVCC with a bequest in your will or revocable trust. After your lifetime, Methow Valley Citizens Council receives the gift and applies it to the purposes you specified. Benefits include:

• Your assets remain in your control during your lifetime
• You can modify your bequest if your circumstances change
• There is no upper limit on the estate tax deductions that can be taken for charitable bequests
• You know that your gift will benefit MVCC tomorrow, just as you intend it to today

You may also name Methow Valley Citizens Council as the beneficiary of your IRA, 401(k) or other qualified retirement plan. After your lifetime, the residual of your plan is passed to Methow Valley Citizens Council tax-free. Benefits include:

• You can escape income and estate tax levied on the residual left in your retirement plan
• Give the most-taxed asset in your estate to MVCC and leave more favorably taxed property to your heirs
• You can continue to take withdrawals during your lifetime
• You can change the beneficiary or designation should your circumstances change

More information on IRA giving above.

This type of gift is one that provides income to you or your beneficiaries. You transfer cash, securities or other appreciated property, such as real estate into a trust. Each year the trust pays a percentage of its value to you or to the beneficiaries you name. The trust value is re-computed annually, so payments change from year to year. When the trust terminates the remaining balance is passed on to Methow Valley Citizens Council. Benefits include:

• You receive an immediate income tax deduction for a portion of your contribution to the trust
• The trust pays no capital gains tax when it sells the asset you have contributed to the trust
• You or your designated beneficiaries receive income for life or for a term of years
• You can make additional gifts to the trust as your circumstances allow and qualify for additional tax deductions and increased trust payments
• You have the satisfaction of making a significant gift that benefits you now and Methow Valley Citizens Council later

This is a gift that provides you income. You transfer cash or appreciated securities to Methow Valley Citizens Council and we pay you, or up to two annuitants, a lifetime annuity. The principal passes to us after the lifetime of the income beneficiaries. Benefits include:

• You receive an immediate income tax deduction for a portion of your gift
• Your annuity payments are treated as part ordinary income and part tax-free income
• If the gift is funded with appreciated property, your annuity payments are also part capital gain income and part tax-free income
• This gift that benefits you now and Methow Valley Citizens Council’s work later