If you are considering a cash gift to DMARC, the recent CARES Act provides a charitable giving incentive, providing individuals an above-the-line deduction for non-itemizers, up to $300 for cash contributions made during 2020 to public charities. It also provides for the removal of the cap on the deductibility of cash contributions for those who itemize. The goal of the act is to encourage giving to non-profits (like DMARC) helping us to meet increased demands for services and to ensure that we have the needed resources to continue to serve the public and meet the needs of our community.
Giving to DMARC
Supporting DMARC through a cash or in-kind contribution are both great ways to help your community and neighbors in need. Whatever your contribution, DMARC will use it effectively and efficiently right here in your community. There are several ways to support DMARC too!
You can give a gift today. You can also give a planned gift to help us with our future needs.
We are available to assist you in whatever way you want to help. To learn more or how you might make the most impact with your support, please contact Leslie Garman, Director of Development & Outreach, at (515) 277-6969 x13 or email her at firstname.lastname@example.org.
Donated food accounts for 23% of our Food Pantry Network’s annual budget. Your donation of food either individually or through an organization is very important to us! You can give in many ways, including through our Red Barrel Program or by hosting a fund or food drive.
Food donations may be dropped off to DMARC anytime Monday through Thursday, 8:00 a.m. to 4:30 p.m., and Friday, 8:00 a.m. to 3:30 p.m., at our warehouse at 1435 Mulberry Street, Des Moines, IA 50309.
Donor Advised Funds
A donor-advised fund is a dedicated charitable investment account that can be used to support a nonprofit organization such as DMARC. A fund may be established by making a contribution to a nonprofit organization that supports such funds (such as the Community Foundation of Greater Des Moines). You can then be eligible for an immediate tax deduction. To learn more, visit https://www.fidelitycharitable.org/philanthropy/what-is-a-donor-advised-fund.shtml.
DMARC is an IRS-qualified nonprofit from which you can then recommend grants to, over time. The donor advised fund also has the advantage that is invested and grows tax-free.
If you don’t need to make a required minimum distribution, it may make sense to explore other options, such as a donation of appreciated securities. Donors should always consult a tax advisor to determine the best strategy for their situation.
DMARC’s Endow Iowa Fund is housed at the Community Foundation of Greater Des Moines. When you contribute to it, you: 1) help DMARC; 2) make a gift to the future of Iowa; and 3) receive a generous 25% state tax credit.
Planned Giving is a wonderful way for you to leave a lasting legacy. And a planned gift to DMARC will help us continue to fulfill our mission of meeting our community’s needs for years to come.
There are several ways that you can make a planned gift. Two of the simplest: you can make a bequest in your will naming DMARC or make DMARC a beneficiary within your life insurance policy. You can also name DMARC in your IRA, Retirement Plan, or Annuity.
To learn more about these options to give and more, visit dmarcunited.org/planned-giving.
There are other ways to give, too!
- Gifts of Stock or Securities
- Give through your IRA
- Special Events
- Gifts of Grain
- Tribute Gifts
- Employer Matching Gifts
- Iowa ONE GIFT Campaign
- AmazonSmile donations