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Planned Giving

Make a Planned Gift

Planned giving, also known as “legacy giving,” lets you defer your gift as part of your overall financial planning process, and can be done in a number of ways that offer you the greatest benefit while maximizing the impact of your gift.

Make a gift from a Donor Advised Fund (DAF)

A donor advised fund, or DAF, is a separately managed account established by individuals, families, or groups that is maintained and operated by a sponsoring organization, such as a community foundation or a financial service company. Think of it as a charitable savings account you can set up at any time that allows you to make contributions, receive an immediate tax benefit, and recommend grants from the fund to qualified nonprofit organizations.

You can donate directly to Project Hope for the Homeless by providing the following information to the sponsoring organization of your fund. Your sponsoring organization will then complete the transaction to distribute funds to Project Hope for the Homeless.

Information to Make a Gift from a Donor Advised Fund:

Legal Name: Ecumenical Shelter Network of Lake County, dba Project Hope for the Homeless
Address: 25 Freedom Road, Painesville, OH 44077
Federal Tax ID Number: 34-1769046

We encourage you to speak with a financial or legal adviser to determine whether establishing or giving through a donor advised fund is a good option for your circumstances.

Make a gift through a Charitable IRA Rollover (QCD)

A Charitable IRA Rollover (also referred to as a QCD — a qualified charitable distribution) allows donors to make an immediate tax-free gift by transferring up to $100,000 directly from a traditional IRA or Roth IRA to Project Hope for the Homeless (other qualified retirement plans such as 401(k)s and 403(b)s are not eligible). While this type of gift is not income to you and is therefore not tax-deductible, a Charitable IRA Rollover gift allows you to satisfy your annual required minimum distribution (RMD) and avoids income tax on IRA withdrawals. You must be at least 70 ½ years old to take advantage of this opportunity.

Request a Matching Gift from Your Employer

Would you like to potentially double the impact of your gift to Project Hope for the Homeless? Many businesses will match charitable donations, either in full or in part, made by employees, retirees, and/or their spouses to Project Hope for the Homeless. Many companies will also allow employees to submit their matching gift request for up to one year after the date the donation was made to Project Hope for the Homeless.

Is your employer one of them? If you’re not sure whether your company offers a matching gift program, find out now by searching for your company in Charity Navigator’s free search engine at CharityNavigator.org, check your company’s intranet portal for information, or ask your HR department if your employer matches gifts.