OTHER WAYS TO GIVE

From donor-advised funds to stocks to bitcoin, learn how you can support the Ventura Land Trust’s mission

If you have any questions about the information on this page, or would like to learn more about alternative gifts to support VLT, contact Ventura Land Trust Development Department
at devo-ops@venturalandtrust.org or
call 805-643-8044 x 1

DONOR-ADVISED FUNDS:

A Donor-Advised Fund (DAF) is a philanthropic giving vehicle that provides an immediate tax benefit to you and allows you to grant funds to charities of your choice. A donor makes an irrevocable gift to a DAF and receives a tax deduction for the year the gift is made.

Once the contribution is made, the sponsoring organization has legal control over the funds, and the donor can make grant recommendations to the charity of their choice. DAF donor receives tax documentation from the sponsoring organization of the DAF.

STOCKS & SECURITIES:

We accept donations of commonly held, publicly traded stocks. You can donate stock by electronic or certificate transfer. A gift of stock owned one year or longer generally offers two benefits: You receive an income tax deduction for the fair market value of the stock, and you avoid paying capital gains tax if the stock has appreciated in value.

It is extremely important that the donors take the following steps to make sure the incoming stock transfer is properly attributed to them:

  • Donors must request their brokers include their name(s) in the reference field of the stock transfer sent to Charles Schwab.

  • Donors or their brokers must inform VLT of the impending gift, including the type of securities and the number of shares being transferred. 

Once your stock gift is processed, a tax receipt will be mailed out stating the name of the stock, the number of shares, and the date it was received by VLT. Your tax advisor should determine the value of the gift.

CRYPTOCURRENCY & BITCOIN:

Cryptocurrency and Bitcoin donations to 501(c)3 nonprofits are considered tax-deductible* and do not trigger a taxable event, meaning you do not usually have to pay capital gains tax. 

Your tax deduction will be equal to the fair market value of the donated bitcoin (as determined by a qualified appraisal).

Your cryptocurrency donation is tax-smart because instead of paying capital gains taxes on the appreciation, VLT will receive the full value of your contribution.

For US donors, you should report your donation to the IRS to realize these tax benefits. *Subject to change. Please consult your tax advisor.