Year End Tax Giving Strategies
Below, we have summarized a few of the well-established ways to get more from your year-end giving. As always, be sure to consult with your tax advisor and financial advisor to make sure you make the best decision based on your individual financial and tax situation.
Make a cash gift: Cash contributions made to qualified nonprofits such as Temple Isaiah can be for the 2026 calendar year. To qualify, you must make your gift before December 31.
Give from your IRA: For those age 70½ and older, giving directly from your traditional IRA to Temple Isaiah is a wonderful way to support our work while enjoying potential tax savings. A married couple can designate up to $111,000 each in 2026 to qualified charity if the gift is made directly from their IRA to a qualified charity. Through a qualified charitable distribution (QCD), you pay no income taxes on the distributed amount for your gift, and the donation may reduce your taxable income on your personal tax return. You also gain the satisfaction of knowing your gift can be put to use today, allowing you to see the impact of your generosity. For your gift to count in 2026, we must receive it by December 31.
Give from your individual stock or bond portfolio: Making a gift of stocks, mutual funds, or bonds to Temple Isaiah offers you the chance to support the Temple while realizing important benefits for yourself. When you give appreciated securities you have held for more than one year to Temple Isaiah, you can pay no tax on a transfer of shares. You may also be entitled to a federal and state income tax charitable deduction based on the fair market value of the securities at the time of the transfer. If you would like to make a gift of securities to Temple Isaiah, transfer instructions are available upon request by contacting Sharon Castro at sharonc@templeisaiah.com.
Contribute to your donor advised fund: Yes! You can make a gift to Temple Isaiah for both membership financial commitments and/or donations from a donor advised fund. Please talk to your financial advisor or go to the website of your fund’s financial institution for their giving procedure.