Other Ways to Give

Stock and Mutual Funds | IRA Distributions | Planned Giving | Tribute Gifts | Other

Stocks and Mutual funds

Stocks and Mutual Funds

Donating shares of stocks or mutual funds is a great way to support DREAAMers and their families!

Tax-Wise Giving: Donating Stock

Meet your giving goals, enjoy potential tax benefits, and invest in the mission of DREAAM. That's a triple-win! A gift of appreciated stock may be the right option for you if you want to make a charitable gift that may yield double tax benefits and additional savings. When you give a gift of stock to DREAAM, you eliminate the capital gains tax that would be due upon selling the stock — you receive tangible tax savings and benefits while supporting DREAAM. A gift of stock may be right for you if:

You are holding stocks that have risen in value. If your stocks are highly appreciated, you may have a hefty tax bill when it comes time to sell. Using these securities as a gift means avoiding the capital gains tax on any paper profit.
You would like to maximize your deduction while not affecting your liquidity. If you decide to give a gift of stock, you not only retain your cash assets, but you also receive a charitable tax deduction for the full fair market value of the stock that you've owned for more than one year.

Your gift of appreciated stock to DREAAM helps strengthen the school-to-college/career pipeline for Black boys and young men. We can't do this work without support from community members like you.

First, complete the information below to generate a customized letter to send to your broker to initiate the stock transfer.

After completing the information below, you will be emailed a customized letter that you can print and mail or forward via email to your broker to initiate the stock transfer on your behalf. This will also alert the organization of your incoming gift so that a tax receipt can be sent to you.

Mutual Funds

Make a gift of publicly traded securities to DREAAM and save on capital gain tax and, if you itemize, on income tax, too.

A gift of publicly traded securities could be right for you if:

You own publicly traded securities that you have owned for at least one year and a day.
Some of these securities have increased in value since you bought them.
Some of these securities may provide you with little or no income.
You would like to make a gift to DREAAM.

How It Works

You transfer shares of one or more publicly traded securities, such as stock, bonds, and mutual funds, to DREAAM. The two most common ways to give publicly traded securities are to make an outright gift of your securities or to make a gift of your securities and receive payments for life.

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IRA Distributions

Satisfy your required minimum distribution while investing in DREAAMers and their families.

What is a Qualified Charitable Distribution?

A qualified charitable distribution (QCD) is a distribution of funds from your IRA (other than a SEP or SIMPLE IRA) directly to a qualified charitable organization, such as the DREAAM. Because the gift goes directly to the charity without passing through your hands, the dollar amount of the gift may be excluded from your taxable income up to a maximum of $100,000 annually, with some exceptions. Please consult your tax advisor for information regarding your specific exceptions.

Who Can Make a Qualified Charitable Distribution?

QCDs can be made by IRA owners who are age 70½ or older. Your tax advisor can provide additional information on your particular situation. Many individuals who are required to take money from their IRA but do not need it for living expenses have chosen to make QCDs from their IRAs to support the work of DREAAM. This may make sense for you, too!

How do I Make a Qualified Charitable Distribution to DREAAM?

Your QCD must be made directly from your IRA custodian to DREAAM on your behalf. Each financial institution has its own process for initiating a qualified charitable distribution. Many retirement plan administrators require you to use their distribution forms and comply with other requirements, so follow your financial institution's forms and procedures to ensure you receive any potential tax benefits associated with this gift. Here is some basic information about DREAAM for your reference:

The legal name of the organization is "DREAAM Opportunity Center." It is a 501(c)(3), tax-exempt, charitable organization.
DREAAM's Federal Tax Identification Number is 46-1643964.

IRA Distributions

Planned Giving

Thank you for considering a planned gift to DREAAM! Now is the time to invest in the future of Champaign County by making a gift DREAAM through your will or estate. These gifts leave a lasting legacy and help stabilize DREAAM for the long term. We'd love to share the story of two members of our DREAAM family, Rick, and Mary Ann, who have included DREAAM in their planned giving.

What inspired you to invest in DREAAM?

"As people of faith, Mary Ann and I take seriously the parable of the talents —that having been blessed with the gifts of time, talents, and treasures — we are to use those gifts in the service of the Master. We not only support DREAAM but have placed a legacy gift for DREAAM in our will because of DREAAM's mission, vision, growth, and impact. A recent report describes DREAAM's dynamic growth:

In 2015, DREAAM ended its very first summer program with ten boys. Nine years later, we are ending our first international program in Africa and returning home to programs reaching over 500 people in 2024."

What would we like to see our gifts accomplish through DREAAM?

"Mary Ann and I grew up in educated families who provided us with books, broad experiences, a strong spiritual foundation, and mentorship. It was given that we would attend college. Our prayer is that DREAAM instills within its participants both a vision for what they can be and do, and the confidence to take the steps to achieve that vision. DREAAM is transforming lives and, in so doing, blessing our entire community."

What advice do we have for others related to planned giving?

"Just do it! Pick organizations and ministries with a proven track record that impact human needs, and exemplify Micah 6:8, that we "do justice, love kindness and walk humbly with our God." It has often been said that giving addresses inequalities that otherwise will go unaddressed. Mary Ann and I draw great joy in knowing that through our gift, our lives will continue to impact beyond our physical lives."

Thank you, Rick and Mary Ann, for sharing your story!

For Advisors

If you are advising a client considering a planned gift or bequest to DREAAM, we welcome the opportunity to work with you. Please use the resources and tools below, and feel free to contact us at any time for further information or assistance on a confidential basis.

Here is some basic information about our organization:

The legal name of the organization is "DREAAM Opportunity Center." It is a 501(c)(3), tax-exempt, charitable organization.
DREAAM's Federal Tax Identification Number is 46-1643964.

If one of your clients arranges an estate gift for the benefit of DREAAM, we would very much appreciate knowing about the gift so we can express our sincere thanks. Of course, we respect that donors sometimes prefer to remain anonymous. If you are willing to serve as an intermediary, your client can confidentially share information about their plans. Thank you for the work you do on behalf of our donors!

For Executors, Trustees, Attorneys, and Advisors

If you're the executor, trustee, attorney, or advisor to a person who contributed a planned gift to DREAAM, please contact DREAAM at the following address:

DREAAM
Attn: Director of Development
2009 Fox Drive, Suite C

Champaign, IL 61820

or by email at: development@dreaam.org

Planned Giving

Tribute Gifts

Honor Gifts

We are grateful for the support of our thoughtful and generous friends! Many choose to commemorate a birthday, anniversary, wedding, or graduation by encouraging loved ones to donate to DREAAM in your honor in lieu of gifts. These contributions directly support programming for our DREAAMers and their families.

If you would like to create a fundraising page to support your efforts, please click here:

Memorial Gifts

A memorial gift is a donation made to DREAAM to honor the memory of a loved one. It is common for a DREAAM supporter to ask that donations be made to DREAAM in lieu of flowers. Choosing DREAAM creates a generous legacy that honors the memory of the departed.

Families sometimes ask how to channel the generosity of friends and family of the departed. The following language may be helpful when drafting an obituary:

"In lieu of flowers, the family requests donations be made in memory of (name of loved one) to DREAAM, 2009 Fox Drive, Suite C, Champaign, IL 61820 or online at dreaam.org."

Fundraise

Tribute Gifts

Volunteer