Stocks, DAFs and Planned Giving

While cash donations are always appreciated, we understand that there are other ways to give that may be more beneficial for you. Therefore, we have outlined several alternative methods of giving below. 

Stocks or Appreciated Assets

Donating stocks or appreciated assets is a win-win situation. By gifting appreciated stock directly to us, you avoid paying capital gains taxes and receive a tax deduction for the full fair market value of the stock. This way, you can donate more, reducing your tax burden, all while supporting our cause. For stock giving instructions or more information, contact Peg Nichols at 803.733.5405. 

Qualified Charitable Distributions (QCDs)

If you are 70½ years old or older, you can transfer up to $100,000 per year from your Individual Retirement Account (IRA) directly to a qualified charity like United Way of the Midlands. These distributions are not taxable and count towards your required minimum distributions (RMDs), making them a tax-efficient way to donate. Although the RMD is not required until age 73, the QCD can be particularly beneficial for donors who do not itemize and instead file the standard deduction. The QCD must be paid directly from your IRA to United Way of the Midlands. For more information, contact Maria DeHart at

Grants from Donor-Advised Funds (DAFs)

If you have a DAF, you can recommend a grant to United Way of the Midlands. DAFs allow you to receive an immediate tax deduction when you contribute to the fund and then recommend grants to charities of your choice over time. For more information, contact Katie Levkoff at

Charitable Bequests

Including United Way in your will combines both tax and philanthropy benefits and is an easy way to continue your giving legacy and impact. Simply include a written statement in your will directing that a gift be made to United Way. Don't have a will yet? It's easy! Check out Free Will here and complete one today. For more information, contact Maria DeHart at

Retirement Plans

Designating United Way of the Midlands as a beneficiary of your retirement plan is an especially tax-wise way to continue your legacy of impact. United Way receives all or a part of the plan assets in full, undiminished by estate and gift taxes. Retirement accounts can be the most highly taxed assets many people hold, as they may be subject to both income tax when distributed as well as estate taxes. In a large estate, these taxes can leave less than 30 cents on the dollar of these plans for your children or other heirs.

  • By naming United Way as the beneficiary of your retirement plan, the full amount of your legacy gift is available to make a lasting impact on the Midlands.
  • You can designate United Way as a beneficiary of part or all the remainder of your IRA or retirement plan.

Each of these methods provides unique tax benefits that often make them more advantageous than cash donations. Plus, they grant you the flexibility to give in a way that best suits your financial situation and philanthropic goals