Contribute to Penn's Village through a Qualified Charitable Distribution (QCD) from an IRA. Qualifying clients age 70 1/2 or older receive a tax benefit for their charitable gifts. The funds from the IRA given to us are not taxable; the distribution is excluded from your income. QCDs can also satisfy all or part of your required minimum distribution from your IRA.
Make a contribution to Penn's Village through a donor-advised fund (DAF). A DAF is a philanthropic giving vehicle that provides an immediate tax benefit to you. Penn’s Village participates in the DAF Direct program, in which donors make charitable donations through a DAF they set up as part of their overall investment portfolios. Firms such as Schwab, Vanguard, BNY Mellon and others give donors an easy way to make charitable contributions directly to Penn’s Village, receive immediate tax deductions, and recommend additional grants over time.