Charitable Donations to Kappa Omicron Nu
Kappa Omicron Nu is a 501(c)(3) Charitable Nonprofit Organization and your donations are tax-deductible. Your contributions are very important and directly support services to today’s current students studying in the fields of the Human Sciences.
If KON was important to you when you were in school and you have benefited from your leadership and professional growth, please give generously to support the organization’s continuing work on behalf of today’s students.
For the following special tax-saving ways to dontate, Contact KON’s Financial Advisor and Honorary KON Member, [email protected], for assistance and to answer any questions you might have.
A Qualified Distribution
Donor Advised Funds
Benefit KON with a Tax-Savings Qualified Distribution with your "IRA"
A Taxwise Qualified Distribution (QCD) is a simple and powerful way to give directly from your Individual Retirement Account (IRA) to Kappa Omicron Nu and decreasing your taxable income.
If you are age 70½ or older, you can transfer up to $100,000 per year from your IRA directly to KON which is an eligible nonprofit organization. The amount counts toward your Required Minimum Distribution (RMD) but is excluded from your gross income, helping you lower your tax bill while supporting KON student scholarships and programs.
Benefits of a Taxwise Qualified Distribution
• Reduce your taxable income and simplify your charitable giving
• Satisfy your annual Required Minimum Distribution (RMD)
• Enjoy a tax benefit without itemizing deductions
A Flexible, Tax-Smart Way to Give to KON: Donor-Advised Fund (DAF)
A Donor-Advised Fund (DAF) is a simple and efficient charitable giving account that allows you to contribute, grow, and recommend grants to your favorite nonprofit organizations all in one place. With a DAF, you can make a tax-deductible donation now and choose later which charities to support, providing flexibility for both strategic and spontaneous giving. You can set up an over-time distribution from the fund to benefit KON over a longer period of time.
KON recommends our long-time Financial Advisor and KON Honorary Member, [email protected] to assist you.
Whether you give regularly or are planning a major contribution, a Donor-Advised Fund offers an easy, impactful, and tax-wise way to manage your philanthropy. Please read more below....
How It Works
1. Contribute cash, securities, or other assets to your Donor-Advised Fund.
2. Receive an immediate tax deduction for your contribution.
3. Invest and grow your fund for future giving.
4. Recommend grants to qualified charities on your schedule.
Benefits of a Donor-Advised Fund
• Simplifies charitable giving and recordkeeping
• Provides an immediate tax deduction while allowing time to plan your gifts
• Allows your investment to grow tax-free, increasing your charitable impact
• Supports multiple nonprofits through one convenient account
• Enables family or legacy giving with flexible timing and anonymity options