Supplies

The Poverello Center, Inc. appreciates donations in a variety of forms. Absolutely nothing that we accomplish is possible without the support of many hundreds of compassionate, thoughtful, hardworking, and generous community members and groups. Outside of financial support and volunteer time, we also consistently need a variety items to support our most vulnerable neighbors. Find out more about our ongoing needs and stay up to date with our community by visiting our Current Needs webpage and subscribing to our Current Needs email list by emailing info@thepoverellocenter.org. Additionally, supporters can help by participating in “Spare a Square” by organizing a toilet paper drive, or you can purchase goods straight from our special Amazon Wish List! Please note that when shipping items, enter 1110 W Broadway St, Missoula, MT 59802 as the shipping address.
Ongoing Needs

Planned Giving

Wills and other designations

Designating all or a portion of your estate to the Poverello Center is a powerful way to provide a legacy of support for our most vulnerable neighbors. If you don’t already have a will, working with a lawyer to develop one is an important step in leaving a legacy and protecting your family in the future. You can also name the Poverello Center the beneficiary (or payable-on-death) on your bank accounts, CDs, life insurance or retirement plan assets to leave a legacy gift with the Poverello Center. We highly recommend that you work with a lawyer when setting up a will or other designation. We do have a list of lawyers and financial advisors who specialize in this work. Please contact us at 406-532-6686 or donations@thepoverellocenter.org to request assistance. If you have already designated the Poverello Center in your will or through some other asset please fill out this form to let us know so we can properly recognize your generosity in our Legacy of Hope Circle.

Montana Endowed Tax Credit

The credit was established in 1997 to encourage individuals, businesses, and organizations to make lasting investments in their communities. This opportunity offers you a credit of 40 percent of a qualifying planned gift’s federal charitable deduction, up to a maximum of $10,000, per year, per individual, or $20,000 per year for couples filing jointly. It also allows a credit of 20 percent of a gift’s federal charitable deduction for a direct gift by a qualified business up to a maximum of $10,000 per year. Here are the ways you can take advantage of the Montana Endowed Tax Credit:

Charitable Gift Annuity

Also known as a CGA, this simple option enables you to make a gift to the Poverello Center now, get immediate tax benefits, and ensure you or a loved one receive fixed annual income for life. The older you are, the higher your annuity rate. For donors who do not wish to receive income payments, a deferred charitable gift annuity, otherwise known as a DGA, is a popular option that provides the maximum tax advantage for the gift. You can either set up a CGA with the Montana Community Foundation or through your own financial institution.

Endowment Gifts

You can also make a donation of stock or cash directly into an endowment for the Poverello Center. The Poverello Center has an endowment that is managed by the Montana Community Foundation or you can set up an endowment with your own financial institution. For more information on how you can provide a legacy gift to support your most vulnerable neighbors please contact us at 406-532-6686 or donations@thepoverellocenter.org. You can also contact the Montana Community Foundation directly at 406-443-8313 or info@mtcf.org.

Poverello Center ~ 1110 W Broadway St., Missoula, MT, 59802 ~ EIN 23-7439391

Stocks, Bonds, and Mutual Funds

Many gifts of appreciated securities such as stocks, bonds, and mutual funds provide a charitable deduction for the full fair market value of the donated asset. If you have owned them longer than one year, you will pay no capital gains tax on the transaction and you can deduct the full fair market value. To make a donation of stocks, bonds, or mutual funds please contact our agent Marin Felz at Edward Jones and tell them you would like to support the Poverello Center. Marin Felz: 406-721-8291 marin.felz@edwardjones.com

IRA Charitable Rollover

Making a gift through an IRA charitable rollover allows our “golden years” donors to give traditional IRA assets during their lifetime that won’t increase their taxable income and could help to meet their minimum distribution requirements. Here are some key details for your giving consideration:

• Donors must be 70 1/2 or older (start age adjusts to 72, if born on or after July 1, 1949) to make IRA charitable rollover gifts.
• Rollover gifts can total up to $100,000 per donor per tax year, and must be completed by December 31 to count for that tax year.
• Rollover gifts must be made from traditional IRAs. Gifts from 403(b) plans, 401(k) plans, pension plans, and other retirement plans do not qualify.
• Rollover gifts are made by requesting your IRA administrator to send your gift directly and made payable to a 501(c)(3) tax exempt organization such as the Poverello Center (not to you).

We recommend that you have the donation check made out to The Poverello Center and sent to Attn: Fundraising Staff, PO Box 7644, Missoula, MT 59807. Adding “Attn: Fundraising Staff” helps us to readily distinguish your donation from mail for our Poverello guests. Rollover gifts cannot be made to donor advised funds, private foundations, or supporting organizations. They may not be used to fund life-income gifts such as charitable gift annuities, charitable remainder trusts, or pooled income funds. Please contact Director of Development & Advocacy Jesse Jaeger at jjaeger@thepoverellocenter.org to talk through your IRA charitable rollover giving questions. If you will be making a rollover gift or have included another type of gift in your estate plan, please let us know so that we can share our appreciation and discuss possible recognition opportunities in our new Legacy of Hope. Thank you for working alongside us to provide food, shelter, help, and hope to our neighbors in need in Missoula County. The provision allows individuals who are 70 1/2 or older to direct their IRA administrator to send up to $100,000 per year to a qualified charity, instead of to the account holder. Individuals may direct part of their Required Minimum Distribution (RMD), all of their RMD or additional amounts, up to $100,000 per Year. To make an IRA Charitable Rollover donation you just need to make that donation through your IRA account. We recommend that you have the check made out to The Poverello Center (attn: Fundraising Staff), PO Box 7644, Missoula, MT 59807. By adding the “attn: Fundraising Staff” it will ensure that your donation will not get mixed in with our guests' mail.

Cars & Other Vehicles

Donating your car or other vehicle that you no longer need is a great way to easily support the Poverello Center. We utilize a vehicle donation service called CarEasy.org to handle these donations for us. You can find more information about how to donate your vehicle to the Poverello Center by clicking here. It is against our gift acceptance policies to take direct donation of a vehicle or connect someone with one of our clients to donate a car directly to them.

Real Estate

This is a simple donation if you own property that is not mortgaged, has appreciated in value, and you no longer need or use. Donating it to the Poverello Center is an effective way to benefit funds of your choosing while deducting the fair market value of the gift and eliminating all capital gains taxes. Plus, you have removed that asset from your taxable estate. To make a real estate donation please contact us at 406-532-6686 or at donations@thepoverellocenter.org.