Home / Get Involved / Ways to Give / Planned Giving
Planned Giving
Planned giving ensures that the charities and causes you cherish will endure. There are numerous ways to achieve your philanthropic vision and long-term giving goals.
Lower your tax burden with a gift to CCC through:
Plan Ahead: Your legacy can be CCC's future
For more information or to notify us of your intention, please contact Kathleen McCormac at kathleen.mccormac@cccofva.org.
Learn More
IRAs and Qualified Charitable Distributions (QCD)
For many donors, giving through a retirement account is an ideal way to support a charitable organization while making smart tax decisions. Retirement account basics: - Individual Retirement Account (IRA) - Required Minimum Distribution (RMD) Beginning at age 73, IRA holders must take a RMD—even if they don’t need or want the funds—thus increasing their total taxable income. Qualified Minimum Distribution (QCD) - Anyone 70 ½ and older can donate up to $108,000 ($216,000 for married couple) per year. QCDS are excluded from taxable income and can potentially reduce the overall tax burden. Donating directly from an IRA, via a QCD, is a smart alternative for donors who must take a taxable Required Minimum Distribution (RMD). Contact your IRA custodian to request a QCD to CCC (Tax ID 54-0505877).
Ideal for anyone over 70
Ideal for anyone
Giving through Your
Donor-advised Fund (DAF)
A Donor Advised Fund (DAF) is an investment account that allows a donor to make tax-deductible contributions of cash, stock, or other assets to charitable organizations. These contributions are invested and grow tax-free. Benefits of a DAF – Simple Setting up a DAF is a simple process – Flexible Donors can choose when and how much to give, and can make recommendations for investment strategy – Tax Benefit DAF donations are immediately tax-deductible, and investment growth is tax-free – Powerful A DAF donation can grow over time, for an even larger impact To direct a gift to CCC through your DAF, please provide the information below to your sponsoring organization: Payable to: Commonwealth Catholic Charities Tax ID: 54-0505877 Address: 1601 Rolling Hills Drive, Richmond, VA 23229 Please ask your DAF sponsor to include your name and/or fund name and address so that we can correctly attribute and acknowledge your thoughtful gift.
Donating Stock
To donate marketable securities, please provide your broker with the information below to transfer shares to CCC’s brokerage. Charles Schwab & Co. DTC: 0164 CCC Account Number: 5256-8291 Tax ID: 54-0505877 To ensure an efficient and accurate receipt of your marketable securities donation, please notify Kathleen McCormac at kathleen.mccormac@cccofva.org of the date of authorization, number and name of shares, and the purpose or designation of the gift.