Other ways to give
Stock Gifts
To make a gift of stock or other appreciated securities to the Center for Public Integrity, contact your financial advisor or broker and provide them with the following information to electronically transfer the securities:
Brokerage Information:
Fidelity Investments
P.O. Box 770001
Cincinnati, OH 45277-002
Fidelity Investment DTC Number – 0226
Account Name – Center for Public Integrity
End Account Number – Z-40222842
Tax ID: 54-1512177
For most gifts, you can avoid capital gains taxes, pay no brokerage fees or sales commissions, and the charitable deduction is the fair market value of the securities at the time of transfer.
For additional assistance, contact us at (202) 481-1256 or donate@publicintegrity.org.
Donor-Advised Fund
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.
With a donor-advised fund (DAF), you can optimize your charitable giving while earning money and receiving immediate tax benefits.
You can set up a DAF through brokerage firms, mutual fund companies or community foundations. The amount needed to open the fund will vary by provider but usually starts at $5,000. To learn more, consult with your financial advisor or tax expert. Popular DAFs include Fidelity, Schwab Charitable, and Vanguard Charitable.
Once you set up a DAF, your money is invested in either mutual funds or investment pools so you continue to earn. You can write off the amount you contribute to the fund as a charitable contribution for the year when you create your fund.
To make a donation through a DAF to the Center for Public Integrity, you can:
- Contact your fund manager to make a donation.
- Click here to designate your DAF provider (Fidelity Charitable, Schwab Charitable or BNY Mellon) and amount at DAF Direct.
Provide this information:
Legal Name: Center for Public Integrity
Federal Tax ID#: 54-1512177
Matching Gifts
With an employer match, you may be to double or even triple your gift to support the Center for Public Integrity. Each employer matching gifts program works differently, so check with your workplace’s HR department to see if they participate.
Most programs work this way:
- You make a donation.
- You complete a form provided by your employer to match the gift.
- The employer disburses the funds.
Leave a Legacy
You can include the Center for Public Integrity in your will or estate plan. You can indicate a specific amount or a percentage of the balance remaining in your estate or trust.
A gift to the Center for Public Integrity in your will or revocable trust enables you to support our mission and make a difference in the lives of future generations. A bequest:
- Provides a long-term investment in investigative journalism.
- Can easily be arranged and modified if needed.
- Will not impact your current financial situation.
Sample Residual Gift Language
A residual bequest comes to us after your estate expenses and specific bequests are paid. Here’s some sample language:
I give and devise to the Center for Public Integrity Inc. (Tax ID 54-1512177) located in Washington, DC, all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support.
Retirement Plan Beneficiary Language
You may name the Center for Public Integrity (Tax 54-1512177) as a beneficiary of your IRA or other qualified retirement benefits. Donors should consult their tax advisor regarding the tax benefits of such gifts.
Naming the Center for Public Integrity as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit-sharing pension plan will accomplish a charitable goal while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming the Center for Public Integrity as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor’s death the plan passes to support the Center for Public Integrity free of both estate and income taxes.
Making a charitable gift from your retirement plan is easy and should not cost you any attorney fees. Simply request a change-of-beneficiary form from your plan administrator. When you have finished, please return the form to your plan administrator and notify the Center for Public Integrity. We can also assist you with the proper language for your beneficiary designation to the Center for Public Integrity.
Distribution from Your Traditional IRA
If you are 70½ or older, you can give a give a gift to the Center for Public Integrity as a way to fulfill your required minimum distribution (RMD). Even if you do not itemize your taxes, the gift distribution will not be considered taxable income. You can donate up to $100,000 tax-free annually.
You should consult with your financial advisor or tax planner to see if this is a useful giving tool for you.
To qualify:
- Transfers must be made directly from a traditional IRA account by your IRA administrator to the Center for Public Integrity.
- Gifts must be outright. Distributions to donor-advised funds (DAFs) or life-income arrangements such as charitable remainder trusts and charitable gift annuities do not qualify.
- Gifts from 401k, 403b, SEP and other plans do not qualify. Ask your financial advisor if it would be right for you to create a traditional IRA account so you can benefit from the IRA Charitable Transfer.
- IRA Charitable Transfers are excluded gross income for federal income tax purposes on your IRS Form 1040. You receive no charitable deduction.