Donor Advised Funds & IRA Gifts

Donor Advised Funds

Donor-Advised Funds, or DAFs, provide you with a flexible way to give to Animal Humane New Mexico while enjoying some favorable tax benefits.

DAFs allow you to place money into a charitable investment account (creating an immediate tax deduction) from which you may make donations to nonprofits over time.

How to Make a Gift from Your Donor-Advised Fund

  1. Ask your financial advisor or organization that manages your DAF to make a gift directly to Animal Humane New Mexico from your DAF account.
  2. Follow the instructions provided by your fund regarding minimum contributions and the process for recommending grants.
  3. Contact us online or call 505.938.7919 with your contact information, company where your DAF is held and the amount. This ensures that we are able to properly credit and acknowledge your gift.
  4. You can use a DAF to make regular monthly, quarterly or annual donations.
  5. Consider naming Animal Humane New Mexico as the beneficiary of your DAF.

If your DAF is with Schwab Charitable, Fidelity Charitable or BNY Mellon you may access your account and make a gift through DAFDirect.

If you are 70.5 or older, you are required to make an annual withdrawal from your traditional IRA or Roth IRA. However, if you make a Qualified Charitable Distribution (QCD), also known as an IRA Charitable Rollover, directly from your IRA you reap several advantages.

A gift transfer directly from your IRA to Animal Humane New Mexico bypasses your gross income, possibly keeping you in a lower tax bracket.

A QCD increases your potential annual charitable deduction without the need to itemize.

Up to $100,000 in IRA funds may be counted as QCDs annually or $200,000 for married couples.

By having your distribution transferred directly to Animal Humane, you help homeless cats and dogs right here in New Mexico.

Also, please consider naming Animal Humane New Mexico as the beneficiary of your IRA.

Don’t wait until December. Talk with our accountant or financial advisor now to confirm your options.

Contact your financial professional to initiate a transfer today!

IRA

Gift

Distributions

If you have any questions, need assistance or to notify us of a gift, please contact Nico Heredia, Director of Major Gifts, at 505.938.7919.