Tax Advantaged Giving
Help the animals while saving on taxesDonor Advised Fund
Simplify your charitable giving by utilizing a Donor Advised Fund (DAF) to eliminate the hassle of record-keeping associated with individual donations. By donating to a DAF, you can immediately receive a tax deduction for the full amount of your contribution, even if you choose to distribute those funds to charities over time.
With your DAF, you have the flexibility to support charities like Friends of Rescue Animals in a way that aligns with your passion. You can recommend grants to support our ongoing programs, emergency medical cases, or even specific projects that resonate with you.
By contributing appreciated assets such as stocks, mutual funds, or real estate to your DAF, you can avoid capital gains taxes while still supporting causes you care about deeply.
Simply instruct your DAF sponsor to issue a grant to “Friends of Rescue Animals”, EIN 20-1606547. NOTE: Be sure to specify our EIN and the fact we are based in Texas; there is another organization with the same name in another state.
Qualified Charitable Distribution
A qualified charitable distribution (QCD) is a convenient, tax-free option for people 70 ½ and older to make a gift to help the homelss animals without it counting as taxable income. A QCD counts toward your yearly required minimum distribution (RMD) as long as it is a direct contribution made from your IRA to a public charity like Friends of Rescue Animals. This is a great option if you don’t normally itemize your charitable deductions
Every gift, no matter how large or small, helps save the lives of homeless pets. When you make a tax-free contribution to FRAs through a QCD, you’ll be supporting life-saving efforts that you can see the impact of today.
Simply instruct your IRA custodian to make a distribution to “Friends of Rescue Animals”, EIN 20-1606547. NOTE: Be sure to specify our EIN and the fact we are based in Texas; there is another organization with the same name in another state.
Appreciated Assets
Making a gift of your appreciated stocks, bonds, or mutual funds to Friends of Rescue Animals (FRAs) not only saves lives, it saves you money on taxes. By transferring the appreciated assets to an eligible non-profit like FRAs, you avoid paying capital gains tax and might also be eligible for a charitable income tax deduction.
When you donate your appreciated assets to FRAs, we sell your gift and use the proceeds to help the homeless animals right here in our community. We recommend that you consult your tax or financial professional for advice before making charitable donations.
Contact us if you would like to transfer appreciated assets to FRAs.
Make a Difference with Your Gift
Your donation to Friends of Rescue Animals can be directed towards a specific program or purpose. As a 100% volunteer-operated organization, your donations go directly towards supporting the animals in our community.