Ways to Give
Give online with credit or debit card or direct from a bank account.
You can give once or set up a recurring gift.
Giving from a bank account reduces the processing fee for Carmel.
Appreciated stock
By giving appreciated securities, you can give more to your charity and less to taxes because there is no capital gains tax on donated appreciated assets for either you or your charity when they sell them. If you would like to donate stock, please call Darlene Conroy at 704-366-5114 for our account information that you can give to your broker to transfer the stock. Qualified Charitable Distributions (QCD)
A Qualified Charitable Distribution (QCD) allows donors to make tax-free contributions directly from their IRAs, which can lower their adjusted gross income (AGI) and tax bill. This can also help offset other taxes, such as those on Social Security benefits. The QCD must come directly from your IRA. You will need to contact your financial advisor to initiate the QCD.
QCDs count toward your required minimum distribution (RMD), reducing the income tax on RMD income. Donors can start making QCDs as early as age 70.5, even though RMDs aren't required until age 73.
If you have any questions concerning a QCD, please consult your tax advisor.
Legacy Giving
Legacy giving is also called Planned giving. Naming Carmel as a beneficiary or leaving a bequest or trust in your will allows you to honor a friend or family member through a memorial gift. While supporting Carmel's missions, charitable bequests are also eligible for estate tax deduction.
Please consider leaving a specific bequest to Carmel in a specific amount or percentage. You can also make Carmel a full or partial beneficiary of your retirement account, life insurance, etc. Please consult your tax advisor or estate planner.