Tax-Wise Year-End Giving
As another year comes to a close, we are grateful for the generosity of donors who help ensure exceptional care is available close to home. Every gift to the Overlake Foundation supports the people, programs, and technology that help patients and families through some of life's most challenging moments.
Whether you're making an annual gift, fulfilling a charitable goal, or exploring tax-wise ways to support the causes you care about, year-end can be an ideal time to make a difference.
A Tax-Smart Way to Give: Qualified Charitable Distributions (QCDs)
If you are age 70½ or older, you can make a Qualified Charitable Distribution directly from your IRA to Overlake Foundation.
A QCD allows you to support exceptional care while potentially reducing your taxable income. And if you are age 73 or older and taking Required Minimum Distributions (RMDs), your QCD may satisfy all or part of that annual requirement.
Benefits of a QCD
- Available to donors age 70½ and older
- May reduce taxable income
- Can help satisfy an RMD for donors age 73+
- Supports the care and services that matter most to our community
To get started, contact your IRA plan administrator and request a QCD to Overlake.
Your Generosity in Action
Philanthropic support helps Overlake continually invest in the people, programs, and technologies that elevate patient care.
From advanced cancer treatments and leading-edge robotic technologies to emergency services, heart care, neuroscience, and support programs for patients and families, donor generosity helps ensure our community has access to exceptional care today and for years to come.
Every gift, regardless of size or designation, helps strengthen healthcare for our region.
Other Tax-Advantaged Ways to Give
Gifts of Appreciated Stock
Donating appreciated stocks or securities may allow you to make a significant charitable gift while potentially avoiding capital gains taxes.
Donor-Advised Funds
A grant from your donor-advised fund is a simple and effective way to support Overlake's mission and the healthcare needs of our community.
Give through your DAF
The Lasting Impact of Year-End Giving
The closing months of the year are a time to reflect on what matters most: family, health, community, and the causes that have touched our lives.
Your generosity helps ensure that patients throughout our region continue to receive compassionate, innovative, and exceptional care when they need it most.