Donations

Your donation helps us with our mission to bring Senior Citizens together for fun activities & information. As an IRS 501(c)3 organization, donations to the Senior Center are eligible for a tax deduction according to the extent of the law.

In addition to a donation of cash or stock, you might consider a Qualified Charitable Distribution (QCD) directly which might reduce your tax liability.  ALWAYS be sure to check with your tax-advisor regarding how such opportunities might benefit you.

When planning your IRA withdrawal strategy, you may want to consider making charitable donations through a QCD.

A QCD is a direct transfer of funds from your IRA custodian, payable to a qualified charity. QCDs can be counted toward satisfying your required minimum distributions (RMDs) for the year, as long as certain rules are met.

In addition to the benefits of giving to charity, a QCD excludes the amount donated from taxable income, which is unlike regular withdrawals from an IRA. Keeping your taxable income lower may reduce the impact to certain tax credits and deductions, including Social Security and Medicare.

Also, QCDs don't require that you itemize, which due to the recent tax law changes, means you may decide to take advantage of the higher standard deduction, but still use a QCD for charitable giving. For more information regarding QCD's click here.

Click here for our tax exempt status.

Our IRS Tax Information:

North Kitsap Senior Citizens Center:

• EIN# 91-0955544
• PO BOX 1261 Poulsbo, WA 98370-0107
• Phone: (360) 779-5702
• Address:
  18972 Front Street NE
  Poulsbo, WA 98370
• Email: PoulsboSeniors@gmail.com

IRS Letter of Exemption June 29, 1978:

Do you want to help us lay the foundation for the next decade of North Kitsap Senior Citizen's Center (NKSCC)? There are many ways, not all of them involving huge disbursements of cash. Here are some creative ideas you might not have thought about: Cash Donation Today Tax-deductible gifts via check, credit card, in person, or online   Employer Matching-Check to see if your workplace offers it.  Automatic Monthly Payments Gifts can be deducted periodically from your bank account, making larger donations easier by spreading them over time. Low-Cost Appreciated Stock Avoid paying the capital gains by giving full-market value to NKSCC. In-Kind Donation We are always in need of furniture, lighting, rugs, and much more - the market value is of your donation. Multi-Year Pledges A great way to ensure support will be there when we need it year after year. Designated Gifts Donate to a targeted project. Commemorative Gifts Donate a bench or rocking chair in honor of someone or something important to you. A Bequest in Your Will Your gift can be a specific sum or a percentage of an estate after other bequests. Just add an addendum to your existing will. Life Insurance and Savings Accounts Same as retirement plans, except those payments made to NKSCC are exempt only from estate taxes. IRA's and Retirement Plans Your estate receives a charitable deduction for the full gift amount on estate and income taxes, while we receive full donation value. Non-charitable heirs receive only a part of the value (since inherited assets are subject to estate and income taxes). Qualified Charitable Distribution (QCD) A QCD is a direct transfer of funds from your IRA custodian, payable to a qualified charity. QCDs can be counted toward satisfying your required minimum distributions (RMDs) for the year, as long as certain rules are met. You must be 70-1/2 or older to be eligible to make a QCD. All gifts are welcome. NKSCC is a 501(c)(3) nonprofit organization and your contribution may be tax-deductible. If you have any questions, please contact our President at (360) 207-1535 or email at PoulsboSeniors@gmail.com.