News

reservoir in the fall with branches stretching over the water
Jeff Brady

Tax-savvy ways to give

When Margaret Mead said, “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has,” she was thinking about people like you. There are so many ways you can help. 

Become a monthly donor

Make a monthly gift that keeps conservation going all year long. Become one of our sustaining donors whose generosity makes an ongoing difference throughout the year. It’s your monthly gift that allows us to seize opportunities and respond to unexpected challenges. Monthly gifts range in size from $5 to $1,000. All contributions of any size are greatly appreciated.

Gifts of stock

A gift of stock is a great way to help avoid capital gains taxes, receive an income tax deduction, and support local land conservation. If you itemize your deductions, you may be able to take a charitable deduction for the entire donation amount. Your support will make a big difference and help conserve the region’s farms, clean waters, and woodlands while creating new trails and community programs.

Give from your IRA

If you are 70.5 years or older and have a traditional IRA, you can make a donation from your IRA account to support conservation. IRA gifts are generally not recognized as taxable income and may count toward meeting your Required Minimum Distribution (RMD). If you must take an RMD this year, giving from your IRA is a strategic way to fulfill it.

Other ways to give

Many people find that they want to include the land trust in their will. Some donate property to create public conservation areas or to resell, once conserved, to boost programs. For other ways to give visit tughilltomorrowlandtrust.org/ways-to-give

 

As always, please consult your tax advisor/attorney for advice on your specific situation.

 

“It gives me peace of mind, and a sense of hope, to contribute towards saving land and preserving our region’s sense of place. I know I’m making a difference.”

– Jonas Kelly, Barneveld, NY