Your tax-deductible contributions help our youth go from struggle mode to success. Our young people are working hard to defy the odds. By donating today, you help us knock down the barriers that stand in their way.
Tax Benefit: Cash donations are the simplest way to give, and they are typically fully deductible, up to a certain percentage of your adjusted gross income (AGI). The specific limit may vary depending on tax laws.
- Keep detailed records, including receipts, for all cash donations.
- Be aware of any changes in tax laws that may affect the deduction limit.
- Mail checks to Pivotal at 75 E. Santa Clara Street, STE 1450, San Jose, CA 95113 or give online at our Donate Page.
Tax Benefit: Contributing to a Donor-Advised Fund allows you to take an immediate tax deduction when you make the contribution, even if you haven't decided on specific nonprofit organizations to support. Once the funds are in the DAF, they can be invested and grow tax-free.
- Research DAF providers to find one with low fees.
- Be mindful of the restrictions on making grants from your DAF.
Tax Benefit: If you are 70½ or older, you can make tax-free charitable donations directly from your Individual Retirement Account (IRA) to qualified nonprofit organizations.
- Verify that the charity qualifies for QCDs
- Keep records of QCDs for tax purposes.
Tax Benefit: Donating appreciated stocks, bonds, or mutual funds can provide significant tax benefits. You can avoid capital gains tax on the appreciated value and receive a deduction for the fair market value of the assets.
- Consult with a financial advisor to identify suitable assets for donation.
- Ensure the charity can accept securities
Questions? Email or call us at 408.708.1871
Tax Benefit: In general, there is an unlimited deduction of charitable bequests against the value of an estate, making it a powerful tool for reducing estate tax. It is possible for an estate to deduct charitable bequests of not only cash but also property such as real estate, stock, IRAs, autos and other assets.
- Work with an attorney experienced in estate planning to establish a will or trust.
- If you include Pivotal in your estate plans, please use our legal name and federal tax ID:
Legal Name: Pivotal Connections
75 E. Santa Clara Street, STE 1450
San Jose, CA 95113
Federal Tax ID: 77-0166138
Tax Benefit: CRTs allow you to receive income from assets donated to the trust while benefiting nonprofit organizations. You receive an immediate charitable deduction for the present value of the future gift.
- Consult with a financial advisor to set up and manage a CRT.
- Understand the tax implications of receiving income from the trust.
Tax Benefit: CLTs are the reverse of CRTs. They provide income to nonprofit organizations for a set period and then distribute the remaining assets to your heirs. You receive a charitable education for the present value of the income payments to the charity.
- Work with an attorney experienced in estate planning to establish a CLT.
- Ensure your heirs understand the terms of the trust.
Tax Benefit: Donating real estate or valuable personal property can result in a charitable deduction for the fair market value of the asset, potentially leading to significant tax savings.
- Obtain a professional appraisal to determine the fair market value.
- Be aware of any restrictions on the type of property nonprofit organizations can accept.