The Marine Raider Foundation has been steadfast throughout the year in our commitment to providing unwavering support to over 6,000 Marine Raiders, their families, and the families of the fallen.
Today, we wish to share with you several impactful ways to support the Marine Raider Foundation that extend beyond traditional cash donations. We encourage you to keep this letter as a guide for future giving that aligns with your financial planning while maximizing the effectiveness of your generosity through tax deductible donations.
Giving Stocks or Appreciated Assets
When you donate stocks or appreciated assets, you are not only supporting our heroes but also potentially benefiting from significant tax advantages. By transferring stocks that have increased in value since their purchase, you can avoid capital gains taxes that would be due if you sold the assets yourself. This means a larger portion of your investment goes directly to aiding our mission, and you could receive a charitable tax deduction based on the full market value.
Qualified Charitable Distributions (QCDs)
For supporters who are 70½ years old or older, Qualified Charitable Distributions offer a unique opportunity to contribute. A QCD allows you to donate up to $100,000 directly from your Individual Retirement Account (IRA) to a qualified charity like the Marine Raider Foundation, without the distribution being counted as taxable income. This can satisfy your required minimum distribution and reduce your taxable income, irrespective of whether you itemize deductions on your tax return.
Grants from Donor Advised Funds (DAFs)
Donor Advised Funds have become a popular philanthropic vehicle for many, allowing you to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund over time. You can advise your DAF to direct a grant to the Marine Raider Foundation, thereby enabling us to continue our critical work. It is a strategic way to manage your charitable giving and can often simplify your record-keeping.
Why Consider These Alternatives to Cash Giving?
These methods of giving not only provide you with potential tax benefits but also often allow you to make a more substantial impact with your donation. By leveraging these strategies, you can support the Marine Raider Foundation in a way that is financially advantageous for both you and the organization.
For assistance or to learn more about how your contribution can make a difference visit: https://
Jessica McAndrews
Chief Executive Officer – Marine Raider Foundation