There are many ways to support CVT
Remembering CVT in your estate plans supports our work until we live in a world where torture ceases to exist.
When you gift stocks and other securities directly to CVT, you make an outsized impact without taking money directly out of your bank account. Plus, neither you nor we will be taxed on the gains for appreciated assets you donate. Meet your giving goals, enjoy potential tax benefits, and contribute to the change you want to see.
It’s easy to gift stock to CVT
You’ll need your brokerage name, account number, stock name, and number of shares you want to donate. Donors generally incur the greatest tax benefit when donating appreciated stock that has been held for more than a year. Please contact your brokerage if you have any questions.
Use our free online tool to complete the necessary forms in as little as ten minutes. Submit them securely online through DocuSign or choose to print and mail the completed forms yourself.
Once complete, you’ll receive a tax acknowledgment for the market value of your gift.
A donor-advised fund (DAF) is a convenient and easy way to organize your charitable contributions.
A DAF gives you the flexibility to recommend how much and how often money is granted to CVT and other organizations you most care about. CVT does not directly manage donor-advised funds, however, they can be established at many financial institutions or community foundations. You can then recommend how much and how often money is granted.
Setting up a DAF qualifies you for a federal income tax charitable deduction when you make gifts to the fund—without immediately having to choose the charities you want to support. If you so choose, you can support a number of charitable organizations without having to keep track of your records for a number of separate contributions.
A step-by-step guide
You open a DAF with a community foundation, financial services firm, or other sponsoring organization. Some DAFs require a minimum gift to open your fund, although additional contributions may be less.
You name your loved ones as your successor to continue to recommend grants to charitable organizations, or you can name CVT as a beneficiary to receive all or part of your account after your lifetime.
You may make contributions to your fund at any time. It is common for contributors to add to a DAF at the end of the calendar year to maximize their tax situation.
You qualify for a federal income tax charitable deduction for each gift to your donor advised fund.
While funds in DAFs are waiting to be distributed, the sponsoring organization invests that money and collects interest.
You make recommendations that various amounts are channeled to charitable organizations of your choice, such as CVT.