Holiday Charitable Giving Guide DONATE NOW Maximize your personal philanthropy with these tips and a list of nonprofit needs for the 2021 giving season. Helpful tips and important dates for year-end giving Many of last year’s tax law changes are still in place, giving you added incentive to donate to nonprofits still recovering from the COVID-19 pandemic. Deducting gifts up to $300/$600 If you plan to take the standard deduction on your 2021 tax returns, you can deduct up to $300 (or $600 for couples filing jointly) for cash gifts to nonprofit agencies. This “above the line” deduction, one of last year’s tax law changes, means you can reduce your gross income by $300 or $600 and still take the standard deduction on your 2021 tax return. For those who itemize deductions If you plan to itemize deductions on your 2021 tax return, you can deduct more in cash donations to nonprofit agencies. Also carried over from last year’s tax law changes, the AGI (adjusted gross income) limitation for cash donations to nonprofits is increased from the usual 60% to 100%. Make a cash contribution to an already established community grantmaking, scholarship, designated or field-of-interest fund Establish a new fund (donor-advised funds excluded) with the CFO or one of our 51 regional affiliate foundations with a gift of cash. Please contact us if you have questions regarding the types of funds and what might fit your charitable goals. As always, the CFO does not give tax or legal advice, so please consult your advisor. If you don’t yet have a professional advisor, members of the CFO’s Professional Advisors Council can be found at cfozarks.org/professional-advisors. Giving directly to nonprofit agencies If you choose to give directly to your favorite causes and charities, we recommend making unrestricted donations to support operations. These are the most flexible types of gifts, allowing agencies to use funds where they need them most to ensure their ability to provide important services to our communities. Scroll down for a growing list of links to year-end campaigns and other needs from our nonprofit partners. To donate time or physical goods, contact agencies to find out what items or services are most needed, as well as how to coordinate delivery of your donation or volunteer services. To learn about volunteer opportunities, VolunteerOzarks.com is a great local resource. Giving as a gift Instead of exchanging gifts, make a donation to someone’s favorite charitable cause or agency. Many nonprofits, including the CFO, have the option to make a tribute gift in someone’s honor, offering a thoughtful alternative to traditional gifts. Important dates If you plan to make a gift of appreciated stock, please initiate the transfer by Monday, Dec. 20 and inform the CFO office before making the transfer. All mailed checks must be postmarked by Dec. 31 to count for 2021 charitable giving, and please allow adequate time for wire transfers. HOLIDAY CHARITABLE GIVING GUIDE Immediate Needs & Year-End Campaigns for the CFO’s Nonprofit Agency Partners Support our mission by becoming a donor today. DONATE NOW Get News & Updates Sign up to get the latest news and information from the Community Foundation of the Ozarks. SIGN UP Learn More About the CFO GIVING WITH THE CFO WHAT WE DO WHO WE ARE OUR MISSION CONTACT US CAREERS AT THE CFO NEWS & RESOURCES DONATE NOW © Copyright 2021 Community Foundation of the Ozarks. Privacy Policy | Terms of Use | Site by Mostly Serious