Your Gift. Your Choice.

There are many ways to give to the Rinehart Foundation – and each gift is greatly appreciated and wisely used. Check out these options to help decide what works best for you. If you have any questions, you may contact our executive director, Doug Anderson, to assist you with developing a philanthropic approach designed around your life and your giving goals.

Choose the Option That Matches Your Goals

Cash

This gift is quick and easy – simply write a check or make an online donation now. You receive an immediate income tax deduction, and you may designate your donation to a specific purpose or provide much-needed unrestricted support.

Stocks or Appreciated Securities

Donate long-term appreciated stocks or other securities and receive immediate charitable deductions. You also avoid long-term capital gains tax. To obtain our stock transfer instructions, click here to email us or call 816-235-2173.

QCD (Qualified Charitable Distribution)

Starting at age 70 1/2, you can donate directly from your traditional IRA to the Rinehart Foundation without penalty. At age 73, you can roll over your required minimum distribution (RMD) to make a donation. Use our official information when making your rollover:

Name: Roy James Rinehart Memorial Foundation
Address: 650 E. 25th Street, Kansas City, MO 64108
EIN: 43-6041456

Endowments

UMKC School of Dentistry alumni and friends establish new scholarships and endowed funds each year. They can be directed to any purpose, including unrestricted funds, academic programs, and other areas. A $15,000 minimum is required to establish a named fund that will be distributed a percentage each year in perpetuity.

Beneficiary Designations

Name the Rinehart Foundation as the beneficiary of any bank account, retirement plan, or insurance policy. All it takes is a change of beneficiary form provided by your financial institution and can sometimes be completed online. Remember to include the Rinehart Foundation’s EIN on your beneficiary designation forms: 43-6041456.

Wills and Trusts

You can defer a donation until after your lifetime to create your legacy. Name the Rinehart Foundation in your will or living trust and designate a specific amount, percentage, or residue of an estate. You remain in control of your gift for your lifetime and your donation is exempt from federal estate tax.

Memorials

Gifts are often made to honor a family member, friend, or former teacher. Scholarships or programs can be named in honor of a donor or other person.

Matching Gifts

Many employers sponsor matching gift programs and will match charitable contributions made by their employees. The impact of your donation may be doubled or even tripled – it’s an easy way to increase the value of your gift. Many companies also match gifts from retirees and spouses. Contact your company to see if they have a matching gift policy.

Life Insurance

Change ownership on a life insurance policy you no longer need and name the Rinehart Foundation as owner and beneficiary. You’ll benefit from a current income tax deduction and possible future deductions through gifts to pay future premiums.

Personal Property

Share your enjoyment of a collection or other personal item. When you donate tangible personal property related to our tax-exempt function, you benefit by having a charitable deduction based on the full fair market value.

Real Estate

Appreciated real estate that is marketable (e.g. a house or farm) can be sold by the Rinehart Foundation. By donating the property to the Rinehart Foundation, you’ll receive an immediate income tax deduction, and reduce or eliminate long-term capital gains tax.

Retained Life Estate

Designate ownership of your home or farm to the Rinehart Foundation, but continue to live there for life. You receive a current income tax deduction while retaining occupancy.

Closely Held Business

A family business may be advantageously transferred by including a gift to the Rinehart Foundation. Doing so may reduce your capital gains tax liability.