IRA Rollover:

If you are 70½ years old or older, you can take advantage of a simple way to benefit CPRD and receive tax benefits in return. You can give any amount up to $100,000 per year from your IRA directly to a qualified charity such as CPRD without having to pay income taxes on the money. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short. The IRA charitable rollover is an attractive option because it can satisfy the RMD requirement without incurring income tax, even if you don’t itemize your deductions.

Enterprise Zone Contribution Tax Credit:

The Enterprise Zone Contribution Tax Credit provides a tax credit to Colorado taxpayers that contribute to targeted enterprise zone (EZ) projects such as CPRD. Colorado residents who make qualifying Enterprise Zone gifts to CPRD are eligible for a generous tax credit of up to 25% to use against their state income tax if giving an outright gift of cash, or 12.5% for gifts of appreciated assets, such as stocks and securities.

Gifts of Appreciate Stock:

Support CPRD’s work by making a gift of stocks, bonds, or mutual funds. A gift of appreciated securities provides significant benefits, including an immediate charitable deduction for the full market value of the stock and avoidance of capital gains taxes that would normally be due upon sale. Please contact Hillary Harding, Director of Development at 303-YYY-YYYY for stock transfer instructions.