Five ways to give before December 31

December 27, 2024| Fundraising

By: Caitlin Doran

Did you know that around 30% of annual charitable giving happens in December, and 10% occurs in the last three days of the year? The Lake Hopatcong Foundation, like many non-profit organizations, relies on the generosity of supporters to effectively carry out our mission, and your year-end donation is critical to our success. Here are five ways you can give a gift that supports a vibrant and healthy lake and surrounding community – ways you might not have previously considered!

1.  Cash Gifts

Your cash gift can be made securely online or by mailing a check to the Lake Hopatcong Foundation: 125 Landing Road, Landing, NJ 07850.

2.  Matching Gifts

You can double your donation by seeking out a matching gift from your employer. Many companies offer 1:1 matches. Simply fill out a matching gift form, which is generally available through your company’s human resource department. And if you volunteer with us, many companies also offer separate grants based on hours volunteered.

3.  Gifts of Stock

By donating appreciated securities that you have owned for longer than one year, you receive the same income tax savings as giving a gift of cash, while avoiding capital gains tax.

4.  Qualified Charitable Distribution

If you are 70 years and six months or older, you can directly transfer money from your IRA, essentially making a tax-free donation that counts towards your required minimum distribution for the year.

5.  Legacy Giving

Let us know now about a deferred gift! Your bequest, made through a will or a revocable trust, can be a percentage of an estate, a fixed dollar amount, or an amount left after other payments. Don’t have a will in place? We have partnered with Free Will, a free tool designed to make creating your will easier.

For more information on any of the above ways to give, I encourage you to call me at 973-663-2500 or email caitlin@lakehopatcongfoundation.org. The Lake Hopatcong Foundation is a certified 501(3)C nonprofit organization, and where applicable, your donation is fully tax-deductible to the extent allowed by law. All gifts help us achieve our vision of a vibrant and healthy Lake Hopatcong for all! Thank you!