Why Giving in 2020 is Different

During these unprecedented times, you have answered the call to lift up our most vulnerable communities amid the coronavirus crisis. Since March, San Diegans like you have helped us raise more than $56 million for the San Diego COVID-19 Community Response Fund, $54 million of which we have already granted to local nonprofits.

Thank you for your generosity and commitment to creating a resilient community where your family, friends
and neighbors can thrive.

As you consider how to respond to the continued uncertainty in our region during the remainder of 2020, we’re here to help you maximize both your charitable giving impact and yearly tax deductions.

Critical Dates

You can donate many types of assets, such as mutual funds, stocks and more, to your fund at The San Diego Foundation. Refer to the critical dates below to ensure that contributions are received and processed by December 31, the IRS deadline for yearly tax deduction eligibility. For some assets, these dates fall in November.

Type of Contribution

Mutual Fund

Action Needed

Call Donor Services at (619) 814-1332 or email DonorServices@sdfoundation.org.

Timing

Mutual fund donations must arrive to The Foundation by November 23.

Stock

Action Needed

Call Donor Services at (619) 814-1332 or email DonorServices@sdfoundation.org.

Timing

Stock donations must arrive to The Foundation brokerage accounts by December 28 at 1:00pm.

Credit Card

Action Needed

Login to your MyTSDF account.
Click on “Give to My Fund” and follow instructions.

Or

Call (619) 235-2300 to contribute to your fund with your credit card. Credit card processing fees will apply.

Timing

Credit card donations must be processed by The Foundation by December 31 at 12:00pm.

Check

Action Needed

Mail to:
Attn: Donations
The San Diego Foundation
2508 Historic Decatur Road, Suite 200
San Diego, CA 92106

Please write your fund name and number in the memo field of your check. Make the check payable to The San Diego Foundation.

Timing

Mail must be postmarked by the U.S. Post Office by December 31.

Electronic Bank Transfer

Action Needed

Login to your MyTSDF account.
Click on “Give to My Fund” and follow instructions.

Or

Call (619) 235-2300 to set up an electronic bank transfer to your fund.

Timing

Funds must be received by December 31.

Wire Transfer

Action Needed

Call Donor Services at (619) 814-1332 or email DonorServices@sdfoundation.org.

Timing

Funds must be received by December 31.

Grantmaking

Grants

Action Needed

Login to your MyTSDF account.
Click on “Recommend Grant” and follow instructions.

Or

Call Donor Services at (619) 814-1332 or email DonorServices@sdfoundation.org.

Timing

Grants guaranteed to be postmarked before December 31 must be received by December 17 at 12:00pm.

Assets you can give

The San Diego Foundation accepts a wide range of financial assets.

Donating cash is simple. Donor-advised fund tax deductions include up to 60% of adjusted gross income (AGI) for gifts of cash, including checks, wire transfers and automatic deposits.

See the footnote* below for 2020 CARES Act provisions.

By donating appreciated securities to your fund, you avoid paying up to 20% in capital gains tax on the sale of non-cash assets.

  • Stocks (publicly traded, private and restricted)
  • Bonds
  • Mutual Funds
  • LLP Shares
  • Private Equity Stakes
  • Partnership Interests
  • Pre-IPO shares
  • Life Insurance
  • Trusts
  • Real Estate

Although Required Minimum Distributions (RMDs) are waived for 2020, the CARES Act did not change the rules for Qualified Charitable Distributions* (QCDs).

Additionally, the CARES Act effectively affords those over age 59 ½ benefits similar to a QCD if they take a cash contribution* from their retirement account and give it to charity.

*QCDs and the CARES Act 100% AGI cash donation tax deduction are not eligible for gifts made to donor-advised funds. You can, however, support other programs and funds at The San Diego Foundation, including the COVID-19 Community Response Fund, Black Community Investment Fund and Community Scholars Initiative.

Access Your Fund

Year-End Giving Resources

Your Giving Team

Simplify your giving by connecting with our experienced staff who understands the technical complexities of charitable giving. Your personal support team will help you manage your fund(s) and give confidently.

Your Giving Team

Contact us at (619) 814-1332 or DonorServices@sdfoundation.org to help with your year-end giving needs.