Ways to Give:

Sponsorship

• Partner with us through sponsorship of your Red Carpet Gala and Mason 5k, showcasing your commitment to education while gaining valuable exposure for your brand or organization.​​

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One-Time and Monthly Donations/Qualified Charitable Distribution

• Join our community of dedicated supporters by providing consistent, ongoing contributions. This sustained support helps us maintain the excellence in education that our students deserve.

  • Are you currently taking RMD's from your IRA's?​

    • A Qualified Charitable Distribution (QCD) is a tax-efficient strategy for individuals who have Individual Retirement Accounts (IRAs), including traditional IRAs and Roth IRAs.

    • Here's how it works:

    • Eligibility: To be eligible for a QCD, you must be at least 70½ years old. This age threshold applies to traditional IRAs, but not to Roth IRAs.

    • Tax-Free Charitable Donation: With a QCD, you can directly transfer up to $100,000 per year from your IRA to a qualified charitable organization. This transfer is not included in your taxable income.

    • Annual Limit: The $100,000 limit is per person, meaning if you're married and both spouses have IRAs, you could potentially donate up to $200,000 in total.

    • Qualifying Charities: QCDs can only be made to eligible, tax-exempt organizations, such as 501(c)(3) public charities. Private foundations, donor-advised funds, and supporting organizations are typically not eligible.

    • Satisfies RMD Requirements: QCDs can be used to satisfy all or part of your Required Minimum Distribution (RMD) for the year. This can be especially advantageous if you don't need the full RMD amount for personal expenses.

    • Reduced Taxable Income: Because the distributed amount isn't counted as taxable income, this can potentially lead to a lower adjusted gross income (AGI), which may have other tax benefits, such as reduced Medicare premiums or lower tax brackets.

    • Reporting Requirements: You must report the QCD on your tax return, even though it's not taxable. The IRS provides specific instructions on how to do this.

    • Direct Transfer: It's important to emphasize that the donation must be a direct transfer from the IRA custodian to the qualified charity. Taking a distribution yourself and then donating it won't qualify as a QCD.

    • QCDs can be a powerful tool for tax-efficient charitable giving, especially for individuals who have reached the age for required minimum distributions and who are looking to support charitable causes. However, it's crucial to consult with a tax advisor or financial professional to ensure you meet all the eligibility requirements and to understand the potential tax implications for your specific situation.

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Planned Giving

• Make a thoughtful and impactful contribution by arranging gifts now that will provide lasting support in the future.

• Ways to Make a Planned Gift

  • Bequests: By including the Mason Public School Foundation in your will or trust, you can designate a specific amount or a percentage of your estate to support our mission.

  • Charitable Gift Annuities (CGA): Receive regular, fixed payments for life by making a gift to the Foundation. Afterward, your contribution will continue to benefit education in Mason.

  • Charitable Remainder Trusts (CRT): Establish a trust that provides income to you or other beneficiaries for a defined period, with the remainder benefiting the Foundation.

  • Life Insurance Policies: Designate the Foundation as a beneficiary of your life insurance policy, providing a substantial gift without impacting your current assets.

  • Retirement Account Beneficiary Designations: Name the Foundation as a beneficiary of your retirement accounts, creating a lasting impact on education.

  • Real Estate and Property: Contribute real estate or tangible property, making a significant gift in support of our mission.

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Getting Started

To explore the various ways you can make a meaningful difference, we encourage you to reach out to us. Whether it's through sponsorship opportunities, planned giving strategies, or setting up monthly donations, we're here to assist you in finding the best approach that resonates with your giving goals.

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