DISTRIBUTIONS FROM AN IRA
As a federally-qualified charity, the federation can accept donations directly from retirement accounts such as IRAs. For individuals aged 70½ and older, these are qualified charitable distributions which, in most cases, can count toward your required minimum distribution. To maximize your tax benefit, it’s important that these distributions come directly from your IRA to the charity. We always recommend contacting your financial advisor or tax advisor to answer specific questions about your financial needs.
- The federation’s tax id number: 58-1494098
- Mailing address: North Carolina Coastal Federation, 3609 Highway 24, Newport NC 28570
- Contact Name: Sarah King, Development Director
The North Carolina Coastal Federation welcomes and appreciates your gifts in-kind. We’ve accepted property, conservation easements, boats, vehicles, furniture, computers, library books and other items that the federation might need to buy or would like to own. We sometimes are able to accept items that can be sold with the funds directed to our work. You can contact us about specific items or check our Wish List for ideas.
In-kind donations are accepted from businesses, corporations, other groups and individuals. Each gift in-kind is reviewed to be sure it meets our needs before it is accepted and acknowledged. The Internal Review Service (IRS) requires the donor to determine the value of a gift- the federation is not permitted to provide donation valuation. If the estimated value exceeds $5,000, the IRS requires an appraisal to substantiate the gift’s value.
For more information, please contact development director Sarah King at firstname.lastname@example.org or call 919-210-2617. Thank you!
What could be better than shopping and supporting the coast? AmazonSmile will donate 0.5 percent of qualifying purchases to the federation when you shop and designate the North Carolina Coastal Federation as your charity of choice. The donation does not add to the price of your purchase.
Please help the coast with your purchases. Shop now!
GIFTS OF STOCK
When you give appreciated securities, you may receive an immediate tax deduction and savings on capital gains taxes. We prefer that stock be electronically transferred rather than certificates mailed to the office. Please contact Sarah King (Phone: 919-210-2617) with any questions or to set up a transfer. The process is very easy, but we do recommend contacting us before Dec. 20 to initiate end-of-year transfers due to limited holiday hours at financial institutions.
Many companies offer a matching gift program to their employees to encourage support of organizations like the federation. If you do not know if your employer is a matching company, please check with your human resources department. Please include your matching gift form with your donation or mail it at the time you make a donation to: NC Coastal Federation, 3609 Highway 24, Newport, NC 28570. This extra support is appreciated.
Endowments provide income for the federation, while allowing the principal to grow. The federation has four endowments to which anyone can donate any amount. Endowment contributions may be made to the federation, the N.C. Community Foundation, and the Triangle Community Foundation.
Kathleen Bryan Edwards Endowment. Held by the N.C. Community Foundation
Purpose: To support NC Coastal Federation operations and programs.
L. Richardson Preyer Endowment. Held by the North Carolina Coastal Federation.
Purpose: To support capital improvements and acquisitions.
H. Smith Richardson Jr. Fund for Environmental Stewardship. Held by the North Carolina Coastal Federation.
Purpose: To support the federation’s restoration and protection programs.
Coastal Advocacy Fund. Held by the North Carolina Coastal Federation.
Purpose: To support new, grassroots coastal advocacy campaigns or, in the absence of a new advocacy campaign, the federation’s online news service Coastal Review Online.
To learn more, contact Sarah King, development director, or call her at 252-393-8185 ext. 401.