Dear North River Family
Thank you for your generous support of North River!
As year-end approaches, here are a few tax-smart ways to support North River in addition to regular cash gifts. These options can, in some cases, increase your impact while also being wise financial stewardship.
Gifts of Appreciated Assets
When you donate long-term appreciated assets—such as publicly traded stock, certain real estate, or virtual currency you have held for more than one year—you may be able to claim an income tax deduction for the asset’s fair market value, while avoiding capital gains tax on the appreciation. Because North River is a tax-exempt organization, it can generally sell these donated assets without paying tax on the gain, which often means both a favorable tax result for you and more funds available for ministry.
Qualified Charitable IRA Distributions
If you are age 70½ or older, you may be able to make a qualified charitable distribution (QCD) directly from your traditional (non-Roth) IRA to North River. A QCD of up to the applicable annual limit (for example, $108,000 in 2025, indexed for inflation in later years) can often be excluded from your taxable income and, if you are subject to required minimum distributions (RMDs), may count toward your RMD for the year when properly structured.
To qualify, the funds must move directly from your IRA custodian to North River; you cannot receive the distribution personally and then give it. Your IRA administrator can explain their specific process for making a QCD and provide any forms needed to direct a gift to North River.
Other Planning Ideas
Beyond these strategies, there are additional tax-advantaged, non-traditional giving tools—such as donor-advised funds or charitable trusts—that may fit certain situations. Because everyone’s circumstances are different, please consult your tax or financial advisor to determine which approaches best align with your giving goals and overall tax and financial planning.
Questions
For giving details and questions, please call 770-792-8134 or email connect@nrcoc.com.
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