Donate Stock or IRA
Donating a Gift of Stock
A gift of stock may provide more benefits than a cash gift. When you make a gift of stock to JCC MetroWest, by eliminating the capital gains tax that would be due upon selling the stock, you receive tangible tax savings and benefits while also supporting the JCC’s mission of providing a welcoming, inclusive, and nurturing community for all people to help enrich their lives.
How can you contribute?
To donate a gift of stock, complete the Stock Donation Form and email the completed form to [email protected]
If you have any questions, please reach out to Eric Koehler at 973-530-3988 or [email protected] or Katy Strulson at 973-530-3915 or [email protected].
Donating a Gift of IRA
You can also make a distribution to JCC MetroWest from your IRA without paying income taxes on the contribution. Known as a qualified charitable distribution, the contribution does not qualify as a charitable gift for tax purposes.
What are the requirements?
- You must be at least 70.5 years old
- You must decline goods or services
- Your rollover may not exceed $105,000
What are the benefits to you?
- Your gift is transferred directly to the JCC MetroWest; since you do not receive the funds, they are not included in your gross income
- Your gift will count towards your minimum distribution requirement
- You support the programs that are important to you at JCC MetroWest
- No income-tax deduction is allowed for the transfer.
How can you contribute?
To contribute, please send a letter to your IRA administrator requesting a direct charitable distribution to JCC MetroWest in the amount you wish to donate. The letter should include our Tax ID number: 22-2680030.
For more information, please call (973) 530-3915 or email [email protected]. You may also discuss any questions you may have with your tax advisor.
Thank you for your commitment to JCC MetroWest.