Stock Donations

Making gifts of appreciated securities is popular because the gift amount and deduction are the fair market value of the stock and there is no capital gains tax. To transfer stock to Hope4Harper, please contact us.

IRA Donations

Donors can make a tax-free gift to Hope4Harper directly from their IRA. IRA gift distributions are excluded from taxable income and qualify for the Required Minimum Distribution (RMD) each year. To benefit from the IRA rollover legislation, a donor needs to:

• Be age 70 1/2 or older
• Give any amount up to $100,000 from their IRA
• Transfer funds directly from a traditional or rollover IRA to Hope4Harper

If you have any questions, please contact us.

Planned Giving

• Give to the Hope4Harper’s “Harper’s Heroes” Fund – A gift to the Harper’s Hero Fund underwrites the Hope4Harper’s year-round operations. These gifts help Hope4Harper to continue operating.
• Wills and Living Trusts – By naming Hope4Harper as a charitable bequest in your will or living trust, you will make a profound difference in the lives of CDKL5 Deficiency Disorder patients and their families for years to come. Your gift entitles your estate to an unlimited federal estate tax charitable deduction.
• Beneficiary Designations – You can name the Hope4Harper as a charitable beneficiary of your assets—such as retirement plans, life insurance policies, donor advised funds, bank accounts, CDs or brokerage accounts. You simply fill out a form that is entirely separate from your will, which makes this approach an easy way to give that does not require an attorney. You can review and adjust beneficiary designations at any time or include multiple beneficiaries. A beneficiary gift to the Hope4Harper is exempt from taxes. If you have any questions, please contact us.

Donor Advised Funds

Donor Advised Funds (DAFs) are an increasingly popular charitable vehicle, whereby individuals set aside money to be granted to charitable organizations.

What is a donor advised fund?

A donor advised fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals.

How does it work?

• Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program (a local Community Foundation is a good place to start).
• Advise the investment allocation of the donated assets (any investment growth is tax-free).
• Recommend grants to qualified public charities of your choice.

If I have a DAF, how do I use it to support Hope4Harper?

If your DAF is with Fidelity Charitable, Schwab Charitable, or BNY Melon charitable, you can start your donation by contacting us.

If your DAF is with a different entity, you may process your donation through their usual method.

What are the main advantages of a donor advised fund?

• Simplicity – The DAF sponsor handles all record-keeping, disbursements, and tax receipts.
• Flexibility – Timing of your tax deduction can be separate from your charitable decision making.
• Tax-efficiency– Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.
• Family legacy – A DAF is a powerful way to build or continue a tradition of family philanthropy.
• No start-up costs – There is no cost to establish a donor advised fund. However, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more).**
• No transaction fees – Once approved, 100% of your recommended grant goes to your qualified public charity of choice.**
• Privacy if desired – Donors may choose to be acknowledged or remain anonymous.

** Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.

How it works (Detail):

1. An individual or entity makes an irrevocable contribution to a sponsoring charitable organization to establish a donor advised fund. This person becomes a donor-advisor.
2. The sponsoring organization allocates the charitable contribution to the particular donor-advisor’s DAF. The donor-advisor has the opportunity to name the DAF (e.g. The HarperFamily Foundation Fund).
3. The donor-advisor retains advisory privileges over the investment allocation for the DAF. Since the assets in the DAF belong to the sponsoring organization, any investment growth is tax free. The investment options available vary by sponsoring organization.
4. The donor-advisor has advisory privileges over the disbursements made from the DAF. The disbursements are recommended by the donor-advisor, but must meet the grantmaking criteria of the sponsoring organization. Typically, disbursements may only be recommended to IRS-qualified public charities exclusively for charitable purposes. Additionally, the donor may not receive any more than incidental benefits as a result of the disbursement.
5. Once the sponsoring organization approves the recommended disbursement, the grant is made to the qualified charitable organization.

Whom should I contact with questions regarding giving to Hope4Harper through a DAF?

If you have questions about making a gift to the Hope4Harper through a DAF, please use the contact form below.