Year-End Gifting & Granting
Grow your fund during the giving season
Year-end is the perfect time to grow your fund, allowing you to reduce taxes this year and maximize your giving to the causes care about. You can expand your fund using a variety of options. Whether gifting to your fund or recommending grants from it, please keep in mind the deadlines detailed below to allow adequate time for transactions. For questions about giving to your fund before year-end, please contact our Philanthropy team.
GROW YOUR FUND BEFORE YEAR-END
Cash Gifts
Contributing to your fund via check or money order are common options, and these contributions may be deductible to as much as 60% of your adjusted gross income, with a five-year carry over for any excess. We encourage you to seek guidance from your tax advisor to receive the optimal tax advantages. For guidance on giving by cash before year-end please scroll to the "Deadlines" section of this page.
Appreciated Stock
A gift of appreciated stock to your fund means that you will avoid capital gains taxes and can deduct the fully appreciated value regardless of the original purchase price. If you plan to make a stock gift before year-end, complete a Stock Transfer Form with your broker.
Download the Stock Transfer Form
Please send a copy of your Stock Transfer Form to the Foundation as soon as possible to ensure that your gift is deposited into the appropriate fund.
IRA Charitable Rollover
If you are 72 years old and must take a Required Minimum Distribution (RMD) annually from your IRA but do not need the extra income, we have a great solution for you!
Make a gift of your RMD from your IRA directly to a charitable fund at the Foundation, including any of our funds established to support nonprofit organizations and our Building Equitable Communities Fund, and avoid paying income tax on that gift. Please note that IRA Charitable Rollovers through your RMD cannot be made to Donor Advised Funds.
View funds that benefit local nonprofits
To qualify for a tax-free IRA Charitable Rollover, your gift must be made before year-end and your IRA administrator must initiate the gift and send it directly to the Foundation. You can give more than your RMD – up to $100,000 annually. This rule also applies to your spouse’s IRA, as long as it is a separate account. For more information on how to take advantage of this tax-smart option, contact your IRA plan administrator.
CONSIDER A GIFT TO ADVANCE EQUITY IN OUR COMMUNITY
Gifts to the Building Equitable Communities Fund promote lasting change in the Sacramento region.
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Give through an IRA: Contact your plan administrator to initiate a gift of your Required Minimum Distribution directly from your IRA to the Building Equitable Communities Fund at the Sacramento Region Community Foundation.
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Give through a Donor Advised Fund at the Foundation: Visit the donor portal and select the Building Equitable Communities Fund in the “Other foundation funds” section of the grant request form.
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With a credit card: Click the button below and complete the donation form.
DEADLINES FOR YEAR-END GIVING
As year-end approaches, please reach out to us as early as possible to ensure adequate transaction time for gifts to your fund or grants from it. Please make requests for grants from your fund as soon as possible before year-end. To grow your fund with cash gifts, please note the year-end deadlines below:
Give to your fund online: You can give to your fund online until 11:59 p.m. on Sunday, December 31. Find your fund using the search feature and complete the donation form.
Deliver your contribution to our office: If you are interested in delivering a gift to our office, please contact us and let us know when to expect you and we will make sure Foundation staff are available at the office to greet you safely. The Foundation office will close at 3 p.m. on Friday, December 29, but if you are interested in giving after close of business, we encourage you to give online before midnight to ensure your gift is received in this tax year.
Mail your gift: If you are making a donation by mail, it must be postmarked in 2023. Please mail your gift to our office:
Sacramento Region Community Foundation
955 University Avenue, Suite A
Sacramento, CA 95825
PLAN NOW TO GROW YOUR FUND LATER
For many generous people, year-end is a time to reflect on the past and make plans for the future. Like them, you may be considering how you can plan now to ensure your charitable fund continues to support the causes you care about, even after your lifetime. We are happy to help you build your philanthropic legacy. Together with your advisors, our expert team can facilitate a variety of planned giving strategies — including bequests, gifts of retirement assets and life insurance policies, Charitable Gift Annuities, Charitable Remainder Trusts, and more. To get started, please contact our team.
GRANT FROM YOUR FUND
To make a grant before year-end, please send us your request as soon as possible — ideally by Friday, December 1. The most convenient way to submit your grant recommendation is to visit the donor portal. You may also complete and return a Grant Recommendation Form.
Download a Grant Recommendation Form
For endowed fundholders with a remaining spendable balance: Sunday, December 31 is the final deadline for using your current spendable balance to make grants. If you choose not to use your spendable amount to support nonprofit(s) this year, that amount will be rolled back into the principal, and you will receive notice of your new spendable amount for 2024 in the new year. Please keep in mind that the Foundation recommends Donor Advised Fundholders grant at least once a year and requires that a grant be distributed from your fund every three years.
READY TO MAKE A GRANT?
Visit the donor portal or download our Grant Recommendation Form. If you have any questions about the grantmaking process, please contact our Fundholder Services team.