Finish 2025 Strong: Maximize Your Impact & Tax Benefits for PASWFL

#Stronger Together SWFL

Finish 2025 Strong: Maximize Your Impact & Tax Benefits for PASWFL

As the year-end approaches, you have a powerful opportunity to support the vital work of the Parkinson's Association of SWFL (PASWFL) while strategically managing your taxes.
​
Review the following changes and considerations for the 2025 tax year to ensure your generosity yields the greatest benefit for you and our community:

Planning Your 2025 Gift: Key Tax Considerations
Tax Change for 2025 (and Beyond) What It Means For Your Giving
New Limit for Top Earners (Starting 2026)
The top federal income tax bracket deduction benefit is scheduled to drop from 37 cents to 35 cents per dollar in 2026. Action: If you are a high-income earner, consider accelerating a portion of your planned 2026 gift into 2025 to secure the higher potential tax savings this year.

SALT Deduction Limit Increases
The limit for the State and Local Tax (SALT) deduction for itemizers increases from $\$10,000$ to $\$40,000$ in 2025. Action: This substantial increase offers greater relief for those in high-tax states and could simplify your overall tax strategy, allowing for more flexibility in your charitable planning.

Higher Standard Deduction Made Permanent
The standard deduction remains high, indexed for inflation (e.g., $\$15,750$ for single filers and $\$31,500$ for married filing jointly in 2025). Action: If you typically don't itemize, you can still gain significant tax benefits by giving appreciated non-cash assets (like stock or real estate) or making a Qualified Charitable Distribution (QCD) from your IRA (if 70½ or older).

Deduction Limit for Cash Gifts Permanent
You can continue to deduct cash gifts up to $60\%$ of your Adjusted Gross Income (AGI). Action: Consider a balanced gift strategy combining cash with non-cash assets (like stock) to maximize both your tax benefit and your direct support for our local Parkinson’s programs.

New Itemizer Floor (Starting 2026)
Beginning in 2026, those who itemize will need to give at least $0.5\%$ of their AGI to claim a charitable deduction. Action: If you are close to this threshold, plan to maximize your charitable giving in 2025 before this new floor takes effect.

​Great Ways to Give Before December 31st
1. Make a Gift From Your IRA (QCD)
If you are 70½ or older, you can transfer up to $\$108,000$ directly from your IRA to PASWFL.

• Major Benefit: This transfer is tax-free and counts toward your Required Minimum Distribution (RMD).
• Deadline Note: Your IRA administrator must complete the transfer by December 31st.

 
2. Donate Appreciated Stock or Securities
By donating stock or mutual funds you have owned for more than one year that have increased in value, you achieve a double benefit:

• You receive an income tax deduction for the fair market value of the stock.
• You eliminate capital gains tax on the appreciation.
• Deadline Note: For electronic transfers, the gift date is the day the stock officially enters the PASWFL account.

 
3. Recommend a Grant From Your Donor-Advised Fund (DAF)
If you have an existing DAF, you can recommend a grant to PASWFL.

• Benefit: You fulfill your charitable goal and make a tangible difference in the lives of local Parkinson's patients and caregivers before the year ends.
• Tax Note: The income tax deduction was received when you funded the DAF; the grant itself is a distribution.

 
4. Direct Cash Gift (Check or Online)
Your immediate support helps fund our local classes, support groups, and resources right away.

• Deadline Note (Mailed Check): To qualify for a 2025 deduction, your envelope must be postmarked by the U.S. Postal Service on or before December 31st.

 
5. Establish a Charitable Gift Annuity
Charitable gift annuity rates are currently favorable. By creating a gift annuity, you support PASWFL and receive fixed income payments for life (which may be partially tax-free).

• Action: Start the process early to ensure completion by year-end. Contact us for the current rates.

Need Personalized Guidance?
Every donor's situation is unique. Please consult with your personal financial advisor or tax consultant to determine the best giving strategy for your circumstances.
If you have any questions about how to direct your gift to the Parkinson's Association of SWFL, please contact us today. We're here to help you ensure your kindness maximizes the greatest benefit for our community.
Contact Mary C. Schoeffel - Executive Director PASWFL
Mschoeffel@PASWFL.org
239-417-3465

CLICK TO MAKE A #STRONGER TOGETHER GIFT

With your support, we can help our friends, neighbors, and loved ones navigate this journey to Live Well with PD. Every donation makes a difference in the lives of Southwest Floridians touched by PD. Please support us during Parkinson's Awareness Month so that no one in Southwest Florida has to face PD alone.

CLICK TO MAKE #STRONGER TOGETHER GIFT

---

Every Gift Matters

Florida is #1 for PD and that's not good...

When you make a year-end gift to the Parkinson's Association of SWFL, you help the 7,000 people in our community to live well with PD. We receive no support from National Parkinson's organizations to provide these services and rely on the generosity of our community to make it possible.

CLICK TO MAKE A GIFT

Support Services in your community

There has never been a better time to give than today.

When you donate to the Parkinson's Association of SWFL your gift goes directly to helping friends, family and
neighbors right here in your community to live well with PD. Your generous contribution benefits the more than
​7,000 people locally in SWFL who are affected by PD. 
​We are an independent non profit that is not affiliated with a national organization.

More ways to support our mission

Recurring Gifts

​Become a monthly donor today.
The steady support we receive from monthly donors makes it possible for us to connect people with Parkinson Disease and their care partners to the information, support services, programs and activities they need to enhance wellness and live and active, engaged life moving forward. ​
Please click here to make a recurring gift

---

Gifts in Honor & Special Occasions

Give a meaningful gift to show your appreciation for people who make a difference in your life or to mark a significant milestone.
​
​A donation that changes lives is the perfect gift for that friend who has everything. Your gift ensures people with PD have access to free services in our community while recognizing and giving thanks to someone special.
Please click here to make a memorial gift

---

Memorial Gifts

Give a meaningful gift to commemorate the life and memory of a relative or friend. Your memorial gift improves the quality of life of a person with Parkinson Disease and their care partners.
Please click here to make a memorial gift

---

Designated Gifts

Designate your gift to a specific program or fund at the Parkinson Association of Southwest Florida. 

• Educational Programing 
• Movement Classes
• Speech Exercise Classes
• Social Activities

Read more about Planned Giving
Please call our office 239-417-3467 to designate your gift

---

Estate Gifts - Stocks & Annuities

 The gift of an appreciated asset is a powerful way to support the Parkinson's Association of Southwest Florida. While this giving strategy has any obvious benefits, no doubt the most important is knowing that your support improves the daily lives of those impacted by Parkinson Disease living in our community. 
Read more about Planned Giving
If you would like to make a gift of stock please instruct your broker or bank to call 239-417-3465​

---

Matching Gifts

Some companies will offer to match your contributions up to a specified amount. This leverages your employer’s philanthropic support and maximizes your gift to the Parkinson's Association of SWFL. Click the pdf to see if your company participates.

corporate-match-directory.pdf
File Size:	142 kb
File Type:	pdf

Download File

---

The Parkinson's Association of Southwest Florida

The Parkinson's Association of SWFL is a 501(c)(3) Charitable Organization. A copy of the official registration and financial information may be obtained from the division of consumer services by calling toll-free (800-435-7352) within the state of Florida. Registration does not imply endorsement, approval, or recommendation by the state. EIN# 59-3471412