Other Ways to Give
In addition to giving through your will, there are several ways to make special gifts right now that you may wish to consider:
IRA rollovers: Congress has re-authorized a provision that allows donors to make gifts from their IRA accounts to one or more charities, without first incurring income tax on the withdrawal. This means that you can direct that amount to Mother Jones with no federal income tax liability. An IRA rollover may provide you with an excellent opportunity to make a gift during your lifetime from an asset that would be subject to multiple levels of taxation if it remained in your taxable estate. To qualify:
- You must be age 70 ½ or older at the time of gift.
- Transfers must be made directly from a traditional IRA by your plan provider to Mother Jones. Funds that are withdrawn by you and then contributed do not qualify. Gifts from 401k, 403b, SEP and other plans do not qualify.
- Gifts must be made outright to Mother Jones, not through a third party (such as a donor-advised fund).
Gift of stock: You can help amplify the voice of independent media and simultaneously reduce your tax bill by making a gift of stock. By donating appreciated stocks, bonds, and mutual-fund shares that you have owned for more than one year, you can completely avoid capital gains tax and receive an income tax deduction for the fair market value of your gift. To make a gift of stock, ask your broker to transfer the shares to the Foundation for National Progress. The transfer should be coded as follows:
- Charles Schwab Schwab One Account Foundation for National Progress, d.b.a. Mother Jones Tax ID #: 94-2282759 Account #: 4176-1072 DTC Clearing 0164, Code 40
Life insurance policies: You may decide to include Mother Jones as a beneficiary of a life insurance policy that you already have. To do this, you will have to contact your insurance company and formally designate the Foundation for National Progress d.b.a. Mother Jones, as a beneficiary of your policy. You may have purchased a life insurance policy that is fully paid-up. By transferring ownership and beneficiary status to Mother Jones, you can receive an immediate income tax deduction and make a significant impact on our work.
Memorial and honorary gifts: Honor someone whose memory you hold dear by giving a tribute or memorial gift to the Mother Jones Investigative Fund. Your generous gift expresses a genuine commitment to independent investigative reporting. Tell us whom you’d like to receive notice of this tribute gift, and we’ll send a personalized Mother Jones card to the recipient, or his or her loved ones, in your name.
Matching gifts: Matching gifts are an easy way to double or even triple your charitable contributions and advance the work of Mother Jones and progressive journalism. Ask your company’s personnel office for a matching-gift form, then send it to Mother Jones along with your contribution.
If you'd like to discuss the possibility of making a planned gift to Mother Jones or need any additional information, please contact Laurin Asdal, director of development, at (415) 321-1700 or firstname.lastname@example.org.
You can also request more information here.