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ADDITIONAL WAYS TO GIVE
IRA Minimum Distributions

If you are 72 or older, you can choose to make a qualified charitable distribution from your IRA and benefit Tierrasanta Village. By choosing this avenue, the gift would go directly from your IRA to Tierrasanta Village, and the amount of the gift may be excluded from your taxable income. Since they are required to take a distribution, several donors like to support Tierrasanta Village in this way as it is straightforward, direct, and has tax advantages. Each financial institution has its own process for initiating a qualified charitable distribution. Please contact your IRA custodian or tax advisor for information on your particular situation, and to see if this would be an option that works for you.
Qualified Charitable Distribution (QCD) and Required Minimum Distributions (RMD)

If you are 70 ½ or older you can choose to make a QCD (directly from your Traditional IRA) up to $100,000 payable to Tierrasanta Village. The entire amount of this gift will be excluded from your taxable income, while supporting the Village! If you have Required Minimum Distributions these donations can satisfy this requirement. Since the IRS requires these annual withdrawals from your IRA (depending on your age), many donors enjoy supporting Tierrasanta Village in this way since it is easy, direct and has tax advantages for you. Each financial institution has their own process for initiating a Qualified Charitable Distribution. Please contact your IRA custodian or tax advisor to see if this would be a good option for you.
Stock, Bonds, or Mutual Funds

Making a donation of appreciated stocks, bonds, or mutual funds can be an advantageous way to give while avoiding capital gains taxes. Provide your broker Tierrasanta Village’s tax ID #26-2975168 so they can make the transfer directly to Tierrasanta Village.
Donor Advised Funds

Donor-advised funds (DAF) are charitable investment accounts administered by a third-party, such as a community foundation or wealth management firm, that you can establish and then make distributions to nonprofit organizations that you want to support. This gives you the flexibility to receive tax benefits at the time you deposit assets, and request distributions when you want to support public charities like Tierrasanta Village. We encourage you to give through your DAF so the funds can start to make a difference in the lives of older adults.
Legacy Gifts

A bequest in your will or trust can make a lasting impact on Tierrasanta Village and minimize the impact on your estate. You can add a provision to your will or trust where you designate an amount or percentage of your estate for Tierrasanta Village’s future. You can also name Tierrasanta Village as a beneficiary on your life insurance policy or retirement account (such as an IRA).