Give a Tax Smart Gift with Stock, QCDs, or a DAF Grant
Many of our supporters give stock, grant from Donor Advised funds, or make a Qualified Charitable Distribution, all of which are more “tax-smart” than giving cash. As of 2025, individuals can make a Qualified Charitable Distribution up to $108,000 per person.
Incorporating any of these giving methods into your philanthropic plan allows you to maximize your generosity and personal financial benefits.
Thank you for considering these strategic options. Your support fuels our mission and strengthens the health of our community. Should you have any questions or wish to discuss your charitable goals, please feel free to contact us.
If you have questions about any of these tax-smart gifts, please contact Brad Thomas at foundation@sp-mc.org or call (360) 346-2250.
Giving Stocks or Appreciated Assets
Donating stocks or other appreciated assets is a strategic way to support Summit Pacific Medical Foundation while simultaneously maximizing your tax benefits. When you donate appreciated securities directly, you can potentially avoid capital gains taxes, allowing you to give more generously. This method not only supports our mission but can also positively impact your tax situation, making it a win-win for everyone involved.
Imagine the difference you can make by transferring assets that have increased in value over the years. It’s a direct investment in the health of our community, propelling us forward in our mission to provide exceptional medical care.
Qualified Charitable Distributions (QCDs)
If you are 70½ or older, Qualified Charitable Distributions from your IRA present a wonderful opportunity to make a difference. With the current limit set at $100,000 per year per individual, QCDs allow you to meet your required minimum distribution requirements while directly benefiting the Foundation, and importantly, the amount you donate won’t be counted as taxable income.
This approach simplifies your charitable giving by using pre-tax funds to support our efforts, effectively reducing your taxable estate while contributing significantly to our community-driven healthcare initiatives.
Grants from Donor-Advised Funds (DAFs)
DAFs have become a popular way to give because of their flexibility and tax advantages. By contributing to your donor-advised fund, you can receive an immediate tax deduction and recommend grants to Summit Pacific Medical Foundation over time. This method allows you to plan your philanthropic efforts thoughtfully while making a substantial impact.
Grants from DAFs support our ability to respond swiftly to emerging needs and implement long-term projects with far-reaching benefits. Your thoughtful contributions become a cornerstone of our sustainability and growth, ensuring that donor intent aligns with real-world impact.