Keep your parks green with these savvy ways to give!
Take advantage of these tax-wise ways to make a positive and lasting impact on your parks.
STOCK GIFTS Support Pittsburgh's parks by making a gift of stocks, bonds, or mutual funds.
Donate appreciated securities like stocks, bonds, or mutual funds and receive an immediate charitable deduction for the full market value of the stock while avoiding capital gains tax. Consider switching from giving cash to stock and immediately repurchase the same or similar stock at its current market value to reset your cost basis to a higher level.
Please inform us of the number and types of shares donated for proper gift acknowledgement.
Pittsburgh Parks Conservancy Broker:
PNC Bank
4100 West 150th Street
Cleveland, OH 44135
Phone: (412) 807-6167
Account # 21-10-001-4790144
DTC# 2616
RETIREMENT FUNDS Support your parks with a tax-free distribution from your IRA.
Starting at age 70 ½ you can make a tax-free qualified charitable distribution (QCD) from your individual retirement account (IRA) to the Pittsburgh Parks Conservancy. QCDs can be made from Traditional IRAs, Rollover IRAs, and Inherited IRAs. Making a QCD is a great way to reduce or satisfy your required minimum distribution (RMD) if you’re 73 or older. Distributions can total up to $108,000 per person annually. QCDs must be initiated and processed by the Parks Conservancy by December 31st of the tax year.
To make a qualified distribution, please instruct your IRA custodian to initiate a check directly to:
Pittsburgh Parks Conservancy
317 East Carson Street
West Tower, Suite 230
Pittsburgh, PA 15219
EIN 23-2882145
- You direct lifetime distributions from your IRA or ROTH IRA to the Parks Conservancy.
- The distributions go directly to the Parks Conservancy and are not subject to income tax
- You are over age 70½.
- You want to make a significant outright gift to support the Parks Conservancy now.
- You have adequate or surplus retirement savings.
DONOR ADVISED FUNDS Donor-advised funds allow you to give to your favorite charity with ease of use and many of the benefits of a private foundation.
This popular and flexible charitable giving tool allows you to donate assets to a sponsoring organization, receive an immediate tax deduction, and then recommend grants to your favorite charities over time. Sponsoring organizations include commercial providers such as Fidelity, Schwab, or Vanguard, and community foundations like The Pittsburgh Foundation or the Jewish Federation of Greater Pittsburgh.
Support your parks by recommending a grant from your donor-advised fund to the Pittsburgh Parks Conservancy (EIN 23-2882145) today.
Did you know?
You can keep your parks healthy and vibrant for years to come by designating the Pittsburgh Parks Conservancy as a beneficiary of all or a percentage of your DAF or IRA assets. Learn more here.
Questions? Contact Harmony Hodges, Director of Individual Giving, at (412) 682-7275 ext. 222 or hhodges@pittsburghparks.org.
Disclaimer: Please consult your attorney or tax advisor for advice. This information is not intended as legal or tax advice.