Donate to Challenger Maine
Your donation helps provide scholarships, supplies, and exciting programs that ignite curiosity and confidence in Maine students.
Choose a one-time gift or become a monthly donor to support our statewide impact year-round.
Support the Challenger Learning Center of Maine with a gift of publicly traded stock or mutual funds.
Charitable donations of appreciated securities or Qualified Charitable Distributions can be an effective way to support our mission while potentially providing tax benefits.
Smart Ways to Give
Qualified Charitable Distributions (QCDs) For donors aged 70½ or older, a QCD lets you give directly from your IRA to Challenger Learning Center of Maine.
Benefits:
Lowers your taxable income by counting toward your Required Minimum Distribution
Can reduce Medicare surcharges and Social Security taxation
Provides tax advantages even if you don’t itemize deductions
QCDs are a simple, taxsmart way to support our mission. If you are interested in donating directly from your IRA, talk with your financial advisor or IRA custodian about QCDs.
Gifts of Appreciated Securities
Donating stocks or mutual fund shares that have grown in value can be a highly taxefficient way to give.
Benefits:
Avoid paying capital gains tax on the appreciation
You may be able to deduct the full fair market value if you itemize
Your gift may go further because the charity receives the full value of the shares while you avoid paying capital gains. It’s a win-win!
Donating appreciated securities is a powerful way to turn investment gains into meaningful charitable impact.
Challenger Maine works with Birchbrook, a local wealth management firm, to facilitate stock and mutual fund donations. Birchbrook’s team can help guide you through the transfer process and answer questions about making a gift of securities.
If you are considering a stock or mutual fund donation, please reach out to Executive Director, Kirsten Hibbard at Challenger Maine at (207) 990-2900 ext. 4 or through our contact page. We will then get you connected with our account manager at Birchbrook to get started.
Disclaimer: This information is provided for general educational purposes and should not be considered tax or legal advice. Donors should consult their own tax advisors or financial professionals to determine how charitable gifts may affect their individual circumstances.