Ways to Support the Richmond Tennis Association

Donate Stocks, Bonds & Securities

Making a gift of appreciated securities may allow you to receive a tax-deduction for the full market value. As always check with your tax advisor for details. Please contact Maria Sorkin, Managing Director at (804) 357-3793 for additional assistance.

Charitable Gift Fund

When you contribute to a donor-advised fund (DAF), you may receive an immediate tax deduction. The fund’s assets are invested and over time, you can request distributions to IRS-approved public charities.

Qualified Charitable Deductions (QCDs)

If you are age 70 1/2, you may give up to $100,000 (per taxpayer per year) directly to the Richmond Tennis Association from your retirement account, referred to as a qualified charitable distribution (QCD). If you are taking a required minimum deduction (RMD) from your retirement account, you can send that amount directly to a charity. This allows the donor to avoid paying taxes on the RMD as part of your income. As always check with your IRA administrator for instructions on how to authorize a QCD to the Foundation.

Planned Giving

Consider making a gift to secure the Richmond Tennis Association’s future by including the Foundation in your estate plans. Planned gifts provide donors the opportunity to leave a lasting legacy to the RTA.

To make a bequest, you can make a provision in your will, revocable trust or irrevocable trust that names the Association as a beneficiary of your estate.

Giving Societies

RTA Annual Donors

The Richmond Tennis Association will recognize the generous contributions of our annual donors who make a commitment to supporting the Association and its projects.

Legacy Donors

The RTA will recognize those who are committed to providing a lasting legacy to the Association. Donors who document their planned gifts will be recognized as a member of the Legacy Society.