Ways to Invest
Become a Catalyst for Hope
Our Lady of Mercy Community Outreach relies on the support and generosity of the community to meet the needs of those we serve. Your investment is changing lives! Thank you for being a part of the solution so that EVERYONE in our community can thrive.
Financially Invest
Mail A Check
P.O. Box 607
Johns Island, SC 29455
Call Us
Reach out to 843-559-4109 x 106 to discuss other giving options or to learn more about how your donation can make an impact.
Donor Advised Funds
Combine the most favorable tax benefits available with the flexibility to easily support OLMCOS and your neighbors in need. Donor-advised funds are like charitable investment accounts for the purpose of supporting nonprofits. Donor-advised funds are tax-deductible and the fastest-growing charitable giving vehicle in the U.S.
A donor-advised fund allows you to give back to a cause that’s close to your heart. It’s an opportunity to put your charitable dollars to work, while also giving you the flexibility to tailor your philanthropy in easy, cost-effective ways. You can designate funds immediately by making an unrestricted annual gift or recommend recurring payments to a specific area of interest. Every single gift can make an immediate impact in the lives of the neighbors in need we serve daily.
IRA Charitable Rollovers
If you are 70 1/2 or older, avoid taxes on donations of up to $100,000 from your IRA. There is a tax provision that allows an individual to transfer retirement assets to charity. The money given to the charity counts toward the donor’s required minimum distribution but doesn’t increase the donor’s adjusted gross income or generate a tax bill. Keeping the donation out of the donor’s adjusted gross income (AGI) is important because doing so:
- Helps the donor qualify for other tax breaks,
- Reduces taxes on the donor’s Social Security benefits,
- Helps the donor avoid a high-income surcharge for Medicare Parts B & D premiums.
Gifts of Stock
Year-end giving may be an excellent time for you to consider a gift of stock. Giving long-term appreciated stock offers you two-fold tax savings.
- You avoid paying any capital gains tax on the increase in the value of your stock.
- You receive a tax deduction for the full fair market value of the stock.
For income tax purposes, the value of such gifts may be deducted up to 30% of adjusted gross income, with an additional five-year carry forward.
Example: If you purchased stock many years ago for $1,000 and it is now worth $10,000, an outright gift of that stock to us would result in a charitable deduction of $10,000. In addition, you permanently avoid paying capital gains tax on the $9,000 in appreciation.
Your Legacy Can Change Lives for Generations
Legacy giving is a powerful way to make a lasting impact on Our Lady of Mercy Community Outreach. By including us in your will or trust, you ensure that our mission to uplift and empower our community continues for years to come, building on more than 30 years of transformative work.
Creating a legacy gift is easier than you think. With guidance from your advisor, you can include simple language in your will or trust to leave a meaningful gift that changes lives.
Let your legacy be one of hope, opportunity, and lasting change.
Want to Learn More?
If you’re interested in learning more about these charitable investment options/planned giving opportunities, contact Jonna Palmer, director of advancement, at jonna.palmer@olmoutreach.org
