Year-End Giving: A Season for Generosity and Impact
Year-End Giving: A Season for Generosity and Impact
As the year draws to a close, many of us find ourselves reflecting on the ways we can make a positive impact in the world. For WomenServe, this is a time when we see the incredible power of generosity from supporters like you. Year-end giving not only fuels life changing projects for women and girls in Rajasthan, India, but it also offers benefits for donors here in the United States.
This blog post is intended to provide general information about year-end giving and its potential benefits. It is not a substitute for professional advice. For personalized guidance, we recommend consulting with a financial advisor or tax professional.
That said, here are some things to know about year-end giving and how you can make a difference while also taking advantage of tax incentives, among other considerations.
Tax Incentives for Year-End Giving
Donating before December 31 offers an opportunity to reduce your taxable income while supporting causes you care about. Here are some key tax benefits to consider:
Charitable Deductions:
If you itemize deductions on your tax return, donations to qualified 501(c)(3) organizations like WomenServe may be tax-deductible. Make sure to keep your receipts and donation acknowledgments for your records.Appreciated Assets:
Donating stocks, mutual funds, or other appreciated assets can maximize your impact. You’ll avoid paying capital gains taxes and may be eligible for a deduction based on the current market value of the asset.Required Minimum Distributions (RMDs):
If you’re over 70½ and have a traditional IRA, you can direct up to $100,000 to a nonprofit like WomenServe through a Qualified Charitable Distribution (QCD). This counts toward your RMD and isn’t considered taxable income.
Timing is Everything
To qualify for tax benefits, your donation must be completed by December 31. For online gifts, this means ensuring the transaction is processed before midnight. For mailed checks, the envelope must be postmarked by December 31.
Making an Impact Beyond Tax Savings
While tax benefits are a wonderful perk, the real reward of giving is the difference you make in people’s lives. With WomenServe, your contributions help us:
Fund education initiatives that empower girls to reach their full potential.
Support artisan collectives like the Thar Artisan Collective, where women gain financial independence.
Provide access to clean water, freeing women and girls from hours spent fetching water each day.
Your generosity creates a brighter future for communities in Rajasthan and connects you to the global movement for gender equality.
How You Can Give
There are many ways to make your year-end gift:
Donate Online: Visit WomenServe.org to make a secure, tax-deductible gift.
Monthly Giving: Become a sustaining donor and make a lasting impact year-round.
Employer Matching Gifts: Check if your employer matches charitable contributions to double your impact.
Tribute Gifts: Honor someone special with a donation in their name.
Gratitude for Your Support
As we celebrate the close of another transformative year, we’re filled with gratitude for the compassion and generosity of our donor community. Your contributions not only sustain WomenServe’s work but also inspire hope and opportunity for countless women and girls.
Let’s end the year strong—together.
Make your year-end gift today and help us continue to weave hope, strength, and empowerment into the lives of those we serve. Thank you for your partnership and for believing in the power of change.
For questions about your donation or assistance with special gifts, please contact us at info@womenserve.org.
