Possibly; giving through a corporate foundation introduces another layer. For instance, gifts from may have different limits, tax deduction ceilings, or documentation requirements. If you have additional questions, please contact our team.

Yes — the Community Foundation accepts a variety of gifted assets beyond cash, including appreciated stock, privately held business interests, real estate, and cryptocurrency. Gifting appreciated non-cash assets directly can provide a better tax benefit than gifting cash or selling an appreciated asset and gifting the proceeds. Check with your advisors or a member of our team to determine which assets would be best to use for your year-end giving.

Yes — this is precisely how donor-advised funds work at Community Foundation Tampa Bay. You can make your donation now, receive the tax deduction now, and then recommend grants out of the fund later, over time. This option provides flexibility.

Yes — if you establish the fund and make your contribution before the deadline (dependent on the type of asset you are gifting), you can claim that donation in the current tax year.

Yes; in general, Community Foundation Tampa Bay allows QCDs from “traditional IRAs or Roth IRAs” including inherited IRAs. The key is that the distribution must satisfy the QCD rules. Inherited IRAs must meet the same restrictions (age requirement, type of receiving fund, etc.). It’s wise to verify details with your IRA custodian and tax advisor.

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No; Donor Advised Funds (DAFs) are not eligible recipients of Qualified Charitable Distributions (QCDs) under current IRS regulations. QCDs must go directly to certain types of funds/charities (e.g. unrestricted funds, field-of-interest funds, designated funds, endowment funds) at Community Foundation Tampa Bay. Note: you may make a gift from your IRA to your donor advised fund or family foundation fund, but it would not be considered a QCD. Please check with your tax advisors on tax treatment of gifts from your IRA.