When you give to Feeding Pets of the Homeless, you’re making a compassionate and tangible difference in the lives of vulnerable pets and their people. But beyond the emotional rewards, your donation can also provide significant tax benefits-especially when you give strategically.
Whether you contribute cash, appreciated stock, or make a gift through your IRA, there are powerful ways to maximize the impact of your generosity while reducing your tax bill.
- Cash Contributions: Simple and Rewarding
If you itemize your deductions, a cash gift to Feeding Pets of the Homeless-a qualified 501(c)(3) nonprofit-may be deducted up to 60% of your adjusted gross income (AGI).
📌 Example:
A $10,000 cash donation from a donor in the 35% federal tax bracket can reduce their taxes by $3,500.
- Appreciated Stock: Maximize Impact and Minimize Taxes
Donating long-term appreciated stock (held for more than one year) is often a more tax-efficient strategy than donating cash.
- You avoid paying capital gains tax on the appreciation.
- You receive a charitable deduction for the full fair market value of the stock.
📌 Example:
Let’s say you bought stock for $2,000 that is now worth $10,000.
By donating the stock to Feeding Pets of the Homeless:
- You avoid paying capital gains tax (15% of $8,000 = $1,200 in savings).
- You receive a $10,000 deduction, saving $3,500 in taxes (at a 35% bracket).
- Total tax savings: $4,700, compared to $3,500 if you donated cash.
✅ Result: Donating appreciated stock can save you more-and help more pets in crisis.
- Qualified Charitable Distributions (QCDs): Ideal for Donors Over 70½
If you’re 70½ or older, you can donate directly from your IRA to Feeding Pets of the Homeless through a Qualified Charitable Distribution:
- You can give up to $100,000 annually per person directly to a charity.
- The donation counts toward your Required Minimum Distribution but is excluded from your taxable income.
This approach lowers your AGI, potentially reducing your Medicare premiums and keeping you in a lower tax bracket.
- Donor-Advised Funds: Flexible, Strategic Giving
A Donor-Advised Fund (DAF) allows you to make a charitable contribution, receive an immediate tax deduction, and then recommend grants to nonprofits like ours over time.
- Great for “bunching” multiple years of giving into one for tax savings.
- Gifts of cash or appreciated assets can be made to the DAF, growing tax-free until granted.
- Legacy Giving: Estate Planning That Makes an Impact
Planning a future gift to Feeding Pets of the Homeless through your will, trust, or retirement account beneficiary designation:
- May reduce estate and income taxes for your heirs.
- Leaves a compassionate legacy for homeless pet owners in crisis.
Your Support Changes Lives-And May Reduce Your Tax Bill
Thanks to donors like you, Feeding Pets of the Homeless has treated more than 13,800 pets since 2008-providing emergency care to pets that might otherwise suffer or be surrendered.
Strategic charitable giving helps you support our mission while maximizing your tax benefits. If you’re considering a major gift, appreciated stock donation, or QCD, we encourage you to consult with your financial advisor to explore the best option for your situation as tax laws change frequently.
🦴 Questions about how to give?
We’re here to help. Contact us at info@petsofthehomeless.org or call (775) 841-7463.
Your generosity gives hope.
Your strategy multiplies impact.
Thank you for standing with us.