Tax-Smart Ways to Give in 2025

While gathering paperwork for your 2024 tax return, did you find yourself wondering whether you missed any opportunities to save?

Now is a great time to consider giving options that allow you to make a major difference at the Walnut Hills High School Alumni Foundation while also enjoying tax benefits that will show up on next year’s return.

Use Appreciated Securities

By donating stock that you have owned for longer than one year, you receive the same income tax savings as you would by making a gift of cash. You also eliminate any tax on the appreciation.

Contribute to Your Donor Advised Fund (DAF)

Add funds to an existing DAF or open a new one by a written agreement at a community foundation or sponsoring organization. You qualify for a tax deduction when you make a gift to a DAF, without immediately having to choose the organizations you want to support. If you are ready to start making an impact with your DAF, consider recommending a grant (or recurring grants) to support the WHHS Alumni Foundation.

Make a Gift From Your IRA

If you are 70½ or older, you can give any amount up to $108,000 from your IRA directly to the Walnut Hills High School Alumni Foundation. You will not pay income taxes on the transfer. If you are required to take minimum distributions, you can use your gift to satisfy all or part of your obligation.

Secure Higher Gift Annuity Rates

Payout rates for charitable gift annuities are the highest they have been in 17 years, but that could change soon. Act now to lock in a great rate for life, regardless of what happens in the markets.

We’re Happy to Help

As you consider the smartest ways to leave a legacy, we are happy to help ensure that you realize the greatest benefit for your kindness. Please contact Debbie Heldman at 513-363-8496 or debbieheldman@gmail.com to discuss the options that work best for you.