Each year, approximately 1.25 million Washington residents turn to hunger relief organizations to meet a basic human need. Many are individuals and single parents working multiple low-income jobs, seniors struggling to make ends meet, disabled individuals unable to work or working only part time, and new immigrants to the country. Harvest Against Hunger offers additional ways for you to give today to help get more unused healthy produce into the hunger relief pipeline. This is critical because the need for assistance increased dramatically through the pandemic and in many areas has remained very high by historical standards.
Donor Advised Fund
A donor-advised fund, or DAF, is like a charitable investment account for the sole purpose of supporting charitable organizations you care about.
When you contribute cash, securities or other assets to a donor-advised fund at a public charity, you are generally eligible to take an immediate tax deduction. Then those funds can be invested for tax-free growth, and you can recommend grants to virtually any IRS-qualified public charity.
Donor-advised funds are the fastest-growing charitable giving vehicle in the United States because they are one of the easiest and most tax-advantageous ways to give to charity. We’ve made it easy to donate through your donor-advised fund.
A gift to Harvest Against Hunger of appreciated stock means you can support our important work and avoid paying capital gains tax, which can be a significant savings for highly appreciated assets. If you itemize deductions, you’ll generally take a charitable tax deduction for the full fair market value. To download our Stock Transfer instructions, please click here.
Individual Retirement Accounts
Qualified Charitable Distributions (QCDs) are distributions from your Individual Retirement Account (IRA) made directly to a qualified nonprofit organization without having the distribution counted as taxable income. If you are 70 ½ years of age or older and have a Traditional IRA, you are eligible to make a QCD. Up to $100,000 in IRA funds can be counted as QCDs annually, or $200,000 for married couples. QCDs can satisfy Required Minimum Distributions (RMDs), which you must withdraw annually from your Traditional IRA once you reach 72 years of age. Contact your IRA Plan Administrator to make a gift from your IRA to Harvest Against Hunger.
Corporate Matching Gift
Many employers sponsor matching gift programs and will match any charitable contributions made by their employees. If your company is eligible, go to your company’s online giving platform and apply for a matching gift or request a matching gift form. The impact of your gift to Harvest Against Hunger may be doubled or possibly tripled. Some companies match gifts made by retirees and/or spouses.
Donate Your Car
Do you have an old car that you don’t drive anymore? Consider donating it to Harvest Against Hunger through the CARS program. The car doesn’t need to be running – it just needs to be accessible by a tow truck and tow-safe. Donating is quick and easy. Simply visit Donate A Car or call 855-500-7433 to get started.
Harvest Against Hunger is recognized by the Internal Revenue Service as a 501(c)(3) charitable organization (EIN 91-1229941). Accordingly, your gifts to us are fully tax deductible to the extent the law will allow. Take full advantage of your tax-deductible opportunities, we recommend you consult with a qualified accountant or other professional qualified in tax preparation.
The information provided is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.