This season of giving brings with it an exciting announcement that we are proud to share with our clients and community.
Deschutes recently received a $2,500 donation for the NAYA Family Center from the Sanctuary Cares Program.
Our firm received a $2,500 donation for the Native American Youth and Family Center at the Sanctuary Wealth Conference this year. Our partnership with Tru Independence, an organization that supports over 120 advisory firms like ours, led to us being nominated for this donation award.
At the 2024SanctuaryCares award ceremony, the philanthropic efforts of investment firms were highlighted along the important work they are doing in their communities. This collaboration has enabled us to focus on what matters most—serving our clients and making meaningful contributions to causes that align with our values.
Deschutes Founder MacGregor Hall and Laura Fallon-Burns accepted a $2500 check for NAYA’s College Scholarship fund at the Sanctuary Wealth Conference in Florida.
Deschutes has been a longtime supporter of the important work the NAYA Family does, and we have been privileged to contribute both time and financial resources to their vital mission. The NAYA Family Center is making a difference by building affordable, culturally designed housing communities, providing comprehensive services for children and families, and empowering youth to grow into not only successful adults but also community leaders.
NAYA Family celebrates 50 Years of Impact!
We were able to host the leaders of NAYA at our office recently to celebrate this donation and honor their 50th anniversary year of helping the community. Laura Fallon-Burns was able to hand deliver the $2500 check to NAYA’s CEO Oscar Arana.
Advisor Jon Metz was also in attendance to present Deschutes donation of $1,000 to NAYA CEO Oscar Arana.
From all of us at Deschutes, thank you for being a part of our journey. Your support allows us to continue making a difference, both for our clients and our community. If you would like to learn more about NAYA please visit the link below.
About NAYA:
https://nayapdx.org/blog/2024/03/01/naya-celebrates-50-years-of-impact/
Charitable Giving This Holiday Season
The holiday season is a time for generosity and giving back. Supporting causes you care about not only helps those in need but also strengthens our communities. With nearly 30% of charitable giving occurring in December, this is the perfect time to make a meaningful impact. [1]
Popular Ways to Give:
- Cash Donations: Direct cash gifts to charities may be tax-deductible if you itemize deductions.
- Gifts of Stock or Investments: Donating appreciated stocks can help you avoid capital gains taxes while still qualifying for deductions.
- Donor Advised Funds (DAFs): Contribute cash or securities to a DAF, take immediate tax deductions, and grant funds to charities over time.
- IRA Qualified Charitable Distributions (QCDs): If you’re 70½ or older, you can donate up to $105,000 tax-free from your IRA directly to a charity.
For those interested in complex giving strategies or leaving a legacy, professional guidance can help maximize tax benefits while supporting impactful causes. Contact Deschutes for more information.
Check Before You Give
Beware of scams during the giving season. Use resources like Charity Navigator to confirm a charity’s legitimacy and learn about its impact and accountability.
Charitable giving is a personal decision driven by values and the desire to make a difference. If you’d like to explore the most tax-efficient strategies for your donations, our team is here to help.
This article is for informational purposes only and not intended as tax or legal advice. Please consult a professional regarding your unique situation.
1. Charitable Giving Statistics | NPTrust
2. https://www.irs.gov/newsroom/give-more-tax-free-eligible-ira-owners- can-donate-up-to-105000-to-charity-in-2024#:~:text=To%20make%20a%20QCD%20for,donate%20up%20to%20%24210%2C000%20combined.
3. Below is a sample Charity Navigator rating using one of the organizations our firm has supported for many years. https://www.charitynavigator.org/ein/931141536
Wishing you a joyful holiday season!
- The Deschutes Team