Donations make the Poverello Center possible!
- Planned Giving
- Stock, Securities & IRA Charitable Rollover Donations
- Cars, other vehicles & property
MoneyThe work we do at the Poverello Center is made possible through the aid of supply and fiscal donations. Because we operate solely on donations, getting supplies to people who need it most relies on your generosity.
The Rewards of Making Charitable GiftsThe personal reward of donating to the Poverello Center is one major component of giving. Each donation to the Poverello Center directly assists Missoula’s most vulnerable neighbors through providing us with resources to continue our mission of providing food, shelter, help and hope to anyone who asks. This work not only addresses homelessness in our community, it also strengthens our network of neighbors. Your partnership with the Poverello Center makes a meaningful and lasting impact on our community. Donations of all sizes are important to continuing the Poverello Center’s work of providing food, shelter, help and hope to all who ask. Fiscal giving is the most flexible way to donate to the Poverello Center, and monthly giving is the most impactful way to donate.
SuppliesThe 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 email@example.com. 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.
Wills and other designationsDesignating 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 firstname.lastname@example.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 CreditThe 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 AnnuityAlso 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 GiftsYou 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 email@example.com. You can also contact the Montana Community Foundation directly at 406-443-8313 or firstname.lastname@example.org.
Poverello Center ~ 1110 W Broadway St., Missoula, MT, 59802 ~ EIN 23-7439391
Stocks, Bonds, and Mutual FundsMany 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 email@example.com
IRA Charitable RolloverMaking 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).