Experience Making a Difference

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Experience Making a Difference



IVC Community

Planned Giving

Planned giving is a powerful way to help IVC transform lives, communities, and society in a healing and positive way through the powerful combination of service and spirituality.

Planned gifts are any gifts other than cash. Examples of current planned gifts include gifts of stock, grants from donor-advised funds, and gifts from IRAs. Examples of future planned gifts include gifts from wills, trusts, or retirement plans. With so many possibilities, there is a planned gift that suits your financial and charitable goals. We invite you to learn more, and if you would like to chat further, please contact Steve Eberle, Vice President for Advancement, Marketing, and Communications (410-752-4686).

Current Gifts:

Donor-Advised Funds

Grants from Donor-Advised Funds can be made to “Ignatian Lay Volunteer Corps” – please be sure to write IVC on the memo line. Our federal tax identification number is 52-1885486, and you can mail checks to our address at:

IVC – Advancement Department
740 N Calvert St. #500
Baltimore, MD 21202

IVC Partners with the National Catholic Community Foundation (NCCF) as one option for starting a Donor-Advised Fund. For more information, visit the NCCF website or contact Edward Robinson, President of NCCF (1-800-757-2998).

Stocks and Bonds

Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to IVC.

Benefits

  • Avoid paying capital gains tax on the sale of appreciated stock
  • Receive a charitable income tax deduction
  • Make a meaningful investment in the men and women of the corps

How to make a gift of stocks and bonds:

You can electronically transfer stock or bonds from your brokerage or investment account to IVC. Please contact us at 410-752-4686 for our electronic transfer instructions.

IRAs (Qualified Charitable Distributions)

If you are 70½ or older, you may be interested in a way to lower the income and taxes from your IRA withdrawals. A qualified charitable distribution (or QCD) from your IRA is a way you can help continue our work and benefit this year.

Benefits

  • Avoid taxes on transfers of up to $100,000 from your IRA to our organization
  • Satisfy your required minimum distribution (RMD) for the year
  • Reduce your taxable income, even if you do not itemize deductions
  • Make a gift that is not subject to the deduction limits on charitable gifts
  • Help mobilize the extraordinary gifts of our service corps members into underserved communities around the country

How to make a QCD from your IRA

To make a QCD, direct your IRA administrator to issue a check payable to “Ignatian Lay Volunteer Corps.” Our federal tax identification number is 52-1884586 and checks can be mailed to:

IVC – Advancement Department
740 N Calvert St. #500
Baltimore, MD 21202

Please also be sure to include your name, address, telephone number, and “QCD” with your check, so we can give you the proper tax letter.

Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.

Land/Real Estate

Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch, or commercial property, can make a great gift to IVC.

Benefits

  • Avoid paying capital gains tax on the sale of the real estate
  • Receive a charitable income tax deduction based on the value of the gift
  • Leave a lasting legacy to IVC

How to make a gift of real estate

Your real property may be given to IVC by executing or signing a deed transferring ownership. You may deed part or all of your real property to IVC. Your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.

 

Future Gifts

Bequests (Wills & Trusts)

Naming IVC as a beneficiary of a specific amount from your estate is easy:

Gifts to IVC in a will or trust can be drafted as: “I give and devise to the Ignatian Volunteer Corps, incorporated, a not-for-profit membership organization incorporated by the laws of the State of Maryland, having as its principal address 740 N Calvert St #500, Baltimore MD 21202 (EIN 52-1885486), the sum of $_____ to be used for its general support (or for the support of a specific fund or program).”

Contingent Bequest Language

IVC can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:

“If (insert name) is not living at the time of my demise, I give and devise to the Ignatian Volunteer Corps, Incorporated, a not-for-profit membership organization incorporated by the laws of the State of Maryland having as its principal address 740 N Calvert St #500, Baltimore MD 21202 (EIN 52-1885486), the sum of $_____ (or all or a percentage of the residue of my estate) to be used for its general support (or for the support of a specific fund or program).”

Retirement Assets

Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension, or other tax-deferred plan, is an excellent way to help IVC.

To leave your retirement assets to IVC, you will need to complete a beneficiary designation form provided by your retirement plan custodian. You can write IVC as: Ignatian Lay Volunteer Corps (EIN 52-1884586).

If you designate IVC as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.

Beneficiary Designations

A beneficiary designation gift is a simple and affordable way to make a gift to support IVC. Retirement assets, bank and financial accounts, donor-advised funds, and life insurance policies all have beneficiary designations.

How to designate a beneficiary

  • Contact the person who helps you with your account or insurance policy, such as your broker, banker or insurance agent.
  • Ask them to send you a new beneficiary designation form.
  • Write IVC as “Ignatian Lay Volunteer Corps (EIN 52-1885486)”

When you pass away, your account or insurance policy will be paid or transferred to IVC, consistent with the beneficiary designation.

Charitable Gift Annuity (CGA)

A Charitable Gift Annuity provides a powerful tool by which donors can support a charitable organization while providing themselves with a guaranteed income for life – usually at above-market rates.

IVC Partners with the National Catholic Community Foundation (NCCF) as one option for starting a CGA. For more information about starting a CGA with NCCF, contact Edward Robinson, President of NCCF (1-800-757-2998).