Gifts of Stock
Giving stocks (that you have held for more than one year) directly to a ministry provides a significant opportunity to avoid capital gains tax, receive a deduction at the full-market value of the securities, and simplify your giving. In fact, appreciated stock can be more beneficial than giving cash! You may donate stock at any time through our secure portal. Be sure to mark "OH-Central Ohio" in the "Designation-Program" section.
Chances are your cryptocurrency is worth more now than when you bought it. Cryptocurrency is a non-taxable event, meaning you don’t owe capital gains tax on the appreciated amount and can deduct it on your taxes. Be sure to mark "Central Ohio Youth for Christ" to receive your donation.
Qualified Charitable Distribution
If you are 70.5 years old or older, you can give any amount up to $100,000 per year from your IRA directly to an organization without having to pay income taxes on the money. This popular gift option is known as a qualified charitable distribution (QCD) and is commonly called the IRA charitable rollover.