Gift of Stock and Securities
You can make a gift of appreciated stocks or securities via a direct transfer to our brokerage account. Your charitable deduction is equal to the fair market value of the stock on the date of transfer, and you avoid owing the capital gains tax on any increase in the current value over the original cost of the stock.
Bequest
You can create a legacy through a bequest -- a gift in your will or trust. Bequests can be simple and convenient, and we will be glad to discuss options with you. Your legacy to Ignite PI can be a specific dollar amount or a percentage of your estate. You can designate your bequest for general use or restrict its use.
IRA Qualified Charitable Distribution (QCD)
Contributing from your IRA to Ignite PI, IRA (IRS Qualified Charitable Distribution) is an easy way to reduce your tax burden and make a significant gift to support specific programs that you care about.
In retirement the IRS requires you to withdraw a certain amount (a required minimum distribution) from your IRA each year whether you need the funds or not, and you pay income tax on every distribution you take. You can utilize part of your RMD to direct a gift to benefit the causes of your choice.
If you are 70 1/2 or older*, you can make a gift from your IRA account to Ignite PI. Gifts made from your IRA (up to $100,000 per year) are not reportable as taxable income and qualify toward your required minimum distribution which can lower your income and taxes. If you are married, your spouse can also make a gift of up to $100,000 from his or her IRA, for a total of $200,000.
You can request an IRA Qualified Charitable Distribution to almost any program of Ignite PI.
*The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) became law on December 20, 2019. The Secure Act made major changes to the RMD rules. If you reach age 70 ½ in 2020 or later you must take your first RMD by April 1 of the year after you reach 72.
In-Kind Donation
In-kind gifts require a conversation with a member of our leadership staff. Please contact Karen Morgan, Director of Administration to share your interest., Karen@ignitepi.org to share your interest.
Volunteer
Volunteers are important to the success of our programs- join our team of local volunteers who give their time and talent. Click here to learn more.
Corporate Giving
Ignite Presque Isle is fortunate to receive funding from private corporations and foundations each year. Click here to learn more about our Corporate Giving Options and Sponsorship Opportunities.
Car Donation
IRS Guidance Explains Rules for Vehicle Donations | Internal Revenue Service
Events
Life's special occasions, milestones and meetings deserve a special setting and outstanding service. Ignite PI offers robust opportunities for events. We have over 5,000 square feet of event space at The Northeastland Hotel for meetings, receptions, and gatherings. We offer special rates as we repurpose and renovate the areas to bring premier amenities too. Our services can be tailored to fit any budget and need. We are ready to speak with you to plan your next event.
Contact us today at events@ignitepi.org.
