HARKER FAMILY: Give the Gift of Charitable Giving

Tired of shopping for the perfect gift? Not sure what to give that special someone who has everything? Instead of giving an unwanted sweater, tie or household knickknack, consider a gift that gives back – a Dayton Foundation Charitable Checking Account.℠

That’s what Susan and Don Harker did for each of their four adult children one year for Christmas.

“They don't need gifts of fancy gadgets or other items,” said Susan Harker, a Charitable Checking Account donor since 2004. “These accounts encourage them to think about and support the organizations and causes they care about most. It’s a great way to teach children of any age about the joy of giving.”

The Charitable Checking Account Service is a flexible and tax-smart option that helps your special someone help others. You can open an account with any dollar amount, with your loved one recommending grants from the account to any IRS approved public charities, including educational and religious institutions, at any appreciated assets, such as securities or mutual funds. This allows the full value of the assets to be used for charitable purposes, undiminished by long-term capital gains taxes, when donated to the Foundation before the asset is sold. You receive the charitable deduction as the donor contributing the assets. And best of all, it’s free. There are no fees or fund minimums.

“My husband Don and I love our Charitable Checking Account. It’s so easy to use, and the Foundation does all the work for us. They verify the charity’s IRS status, send the grant checks for us – even anonymously, if we want – and provide us with one statement at the end of the year for our tax reporting,” Mrs. Harker said. “I don’t know why more people don’t use the service.”

Opening an account takes just a couple of minutes and can be done online. Your loved one also can do all of his or her giving online, 24/7, through the Foundation’s secure, password-protected service, Donor Express. He or she can monitor the account’s activity, including gift and grant history, check the balance, make grant requests and even add to the account online.

So, how did the Harker children react to their gifts? “They were thrilled and immediately started talking about which charitable causes they were going to support,” Susan Harker replied. “We couldn’t have picked better gifts.”

To learn more about the Charitable Checking Account℠ Service or to open an account online, click here or call us at (937) 222-0410.

For recent news and updates about The Dayton Foundation, read our press releases online.

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File date: 12.30.14

IN HER WORDS

Susan Harker

“We opened Charitable Checking Accounts for each of our adult children for Christmas. These accounts will encourage them to think about and support the organizations and causes they care about most. It’s a great way to teach children of any age about the joy of giving.” – Susan Harker, a Charitable Checking Account℠ donor since 1994

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