A Quick Guide on Giving To Adirondack Foundation
Make an online donation to our Generous Acts Fund or any fund of your choice, or send a check (more below). In 2022, when giving non-cash assets held for more than one year to public charities (including donor advised funds), donors can deduct up to 30% of their adjusted gross income (AGI). When giving cash, donors can deduct up to 60% of their AGI.
Checks can be made payable to Adirondack Foundation. If you know which fund you would like the gift to be directed to, please make note in the memo, or include a note with your check, and send to: Adirondack Foundation, PO Box 288, Lake Placid, NY 12946.
Gifts of Stock
Giving with appreciated stock held for more than one year
remains a smart way to make a charitable contribution and minimize capital gains. Given recent market volatility, consult with your advisor to see if selling stock at a loss before giving can help your tax picture. Reminder: We have new transfer instructions. Please reach out to Jamie Cecilia at [email protected] or 518.523.9904 for assistance.
If you’ve reached 70 ½, you can make a qualified charitable distribution up to $100,000 tax-free from your traditional IRA. Those 72+ can use their required minimum distributions for charitable purposes.
Become a member of our Legacy Family and support the Adirondacks years into the future through estate planning. View sample language here or contact us to discuss other ideas, including options for Charitable Lead and Remainder Trusts, or designate Adirondack Foundation as a beneficiary of an insurance or retirement plan.