Tech for Troops - Empowering Veterans with computers, skills, and Information Technology (IT) work force training

At Tech For Troops, we are grateful for any contributions you feel compelled to make.   We value your time, your commitment, and your heart for Veterans and we commit to making your contribution matter.  

Other Ways You Can Give

There are creative and unique ways that individuals can give a lasting legacy to Tech For Troops.  From real property to securities, your gifts will continue to make a difference in the lives of Veterans who need your support.   If you’re searching for a way to help us support our Veterans, we want to talk with you!  

Tax-Wise Giving: Donating Stock

Are you interested in making a charitable gift that may yield double tax benefits and additional savings? If so, a gift of appreciated stock may be the right option for you.

A gift of stock may provide more benefits than a cash gift. When you make a gift of stock, to Tech for Troops, you may be eliminating the capital gains tax that would be due upon selling the stock. You may receive tangible tax-savings and benefits while also supporting our Mission.  

A gift of stock may be right for you if:

  1. You are in possession of stocks that have risen in value. If your stocks have appreciated, you may find yourself with a unwanted tax bill when it comes time to sell or divest from the stocks. By donating these stocks/securities as a gift, you should avoid the capital gains tax on any paper profit.
  2. You would like to maximize your deduction while not affecting your liquidity. If you decide to make 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 Tech For Troops helps ensure that no Veteran is alone anymore.  Your generous support makes it possible for us to complete our Mission to serve them.   

Think about how you want your legacy to be written. Your legacy can be written on the lives of Veterans and their families. Tech For Troops has many financial planning options to help you plan your estate. Tech For Troops planned giving advisors are professionals with many years of experience in estate and gift planning who care about your goals and plans. They will work with your attorney or accountant to explain the many gift opportunities available to you and the financial advantages of each.  

Contact Tech For Troops to learn how confidential, personal financial planning can help you achieve your goals while helping to sustain our life-changing mission. 

Planned Gifts

The principal benefits of planned gifts accrue to Tech For Troops at a later time, after your death, or the death of your last named beneficiary. Planned gifts take many forms, providing additional income for you and/or your heirs, reducing income and estate taxes, relieving you and your heirs of complicated financial management responsibilities, and helping to fulfill your personal, humanitarian, and charitable objectives. Planned gifts can be made in cash, real estate, stocks, bonds, personal property, or life insurance. 

Bequests by Will

One of the simplest planned gifts is a bequest through your will in which you designate either a specific dollar amount or a percentage of your estate after other disbursements. In addition to supporting Tech For Troops, it serves as an example to your heirs of the values and ideals you hold dear. A bequest also can reduce the amount of your taxable estate, which may increase the actual amount available to loved ones. 

Gift Annuity

A gift annuity is an agreement between you and Tech For Troops. In exchange for your irrevocable gift, Tech For Troops pays a fixed dollar amount during your life and/or the life of a designated loved one. The amount you receive is determined by the size of your gift, your age, and the age of your beneficiary. Your income is guaranteed, regardless of market fluctuation. A major portion of your income is a tax-exempt return of principal, and the income may be deferred until a later time as part of your retirement plan. 

Charitable Remainder Trust

A charitable trust transfers ownership and management of cash and/or appreciated securities to Tech For Troops. We would manage the trust and pay income to you for the remainder of your life and/or the life of another beneficiary. An annuity trust provides a fixed annual income for those wanting consistent, predictable payments. A unitrust pays a variable return based on market changes, providing an effective hedge against inflation. 

Pooled Income Fund

A pooled income fund is a trust designed to provide variable yet reliable income. Like a commercial mutual fund, it combines your gift with the contributions of other fund participants, wisely investing the sum for a balance of income and growth. Dividends are paid to the shareholders in proportion to each person’s contribution. Your donation results in a tax deduction for the year your gift was made, elimination of capital gains tax if you invest appreciated securities, and reduction of estate taxes for your heirs. 


Life Insurance

Contributions of life insurance can provide a substantial gift to Tech For Troops. The value of an ordinary policy at the time of the gift is tax deductible. If you continue paying the premiums, they also are deductible as charitable contributions. If a paid-up policy is given, the cost of purchasing a new paid-up policy at your current age is the value of the charitable deduction. 

Did you know Tech For Troops accepts Matching Gifts?

Corporate matching gifts are a great way to maximize personal contributions to the Veteran Community and increase the impact of your individual gift. By taking advantage of a company’s matching gift benefit, you may be able to double or even triple the amount of a contribution!

You ask, “How do I get my gift matched?”

Each company has its own guidelines for employees, spouses, retirees, and widows/widowers. Most corporate procedures are very simple:

  1. Request a Matching Form from your company.
  2. Complete and submit the form to Tech For Troops along with your gift.
  3. Tech For Troops will verify the completed form and return it to the company.
  4. The company issues a matching gift contribution to us.
  5. Completed forms can be sent with your personal gift to:

Tech For Troops
4840 Waller Rd,   Richmond, VA 23230

Several of central Virginia’s biggest employers have generous matching gift programs, including but not limited to:

  • Altria
  • Bank of America
  • Capital One
  • CarMax
  • Dominion Resources, Inc.
  • Exxonmobil
  • Genworth Financial
  • Markel Corporation
  • McKesson
  • Pfizer, Inc.
  • Truist
  • Virginia Credit Union
  • Wells Fargo
  • WestRock

#RVA  #virginia  #nonprofitsupport

You can donate your unwanted car – no matter the age, condition, or functionality! 

Charitable Adult Rides & Services (CARS) is a 501(c)(3) nonprofit social enterprise, owned by a nonprofit supporting only nonprofits through vehicle donations

Kroger will make a donation to Tech for Troops every time our supporters shop there with their Kroger Plus card! You have to go online and enroll, but once you’ve done that, just shop for groceries and use your card for Tech for Troops to automatically start earning a rebate.

Here’s how it works:

  • Go online to
    Sign in or create an account.

  • Add your Kroger Plus Card OR click on “Get a Digital Plus Card online today” if don’t already have one OR skip to step #3 if your card is already linked to your online account

  • Under your Account Number, scroll down to Community Rewards and click “Enroll”. Find your organization – search for Tech For Troops and/or # RA828. Select T4T and click “Enroll.”

Did you know Tech For Troops accepts Qualified Charitable Distributions?

Important information regarding Qualified Charitable Distributions (QCDs)

What is a qualified charitable distribution (QCD)? Qualified charitable distributions (QCDs) are a unique tax strategy that allow individuals who are at least age 701⁄2 and have an IRA, including inherited IRAs, to distribute up to $100,000 per year, indexed for inflation, directly from their IRA to a 501(c)(3) nonprofit with no federal income tax consequences.

Potential QCD donors:

Traditional IRA owners or IRA beneficiaries that have inherited a Traditional IRA and are at least 701⁄2 years of age at the time of the distribution and are:

• Charitably inclined individuals

• Looking to fulfill their philanthropic objectives

• Making annual gifts but do not itemize their deductions on their tax return (the number of taxpayers not itemizing is predicted to increase as a result of the new tax laws)

• Not likely to need this additional income to maintain their lifestyle

QCD benefits to the IRA holder

The IRA distribution is made from before tax dollars, may satisfy the required minimum distribution (RMD), and is not included in the tax payer’s adjusted gross income (AGI). Giving the distribution to a nonprofit will not trigger additional income tax liabilities and benefits the donor by:

• Not increasing their adjusted gross income

• Providing an option for making a significant gift or fulfill a pledge when they have already exhausted their limitation on annual charitable deductions

• Removing assets from their future taxable estate

QCD requirements and limitations

There are conditions that must be met in order for a donation from an IRA to qualify as a QCD. Remind donors that QCDs:

• Are limited to $100,000.00 per individual, per year, indexed for inflation

• May satisfy all or part of their RMD or exceed it

• Must be paid directly from the IRA custodian/trustee to the nonprofit, the donor cannot have a distribution made payable to them and then use those funds to make a donation to the charity

• The donor may have the ability to write checks from their IRA and send directly to the charities

• Can be paid to certain split-interest entities that qualify under the new rule. This is a one-time distribution of up to $50,000, indexed for inflation and is part of the QCD annual limit

• Are reduced by the amount of any deductible contribution the individual made to their Traditional IRA contribution

• Are not eligible as charitable deduction since they are not included in the donor’s gross income

Investment and Insurance Products: NOT FDIC Insured , NO Bank Guarantee, MAY Lose Value

• From a Roth IRA may not qualify because these are IRA distributions that would otherwise be taxable,

• Generally, are not available from SEP or SIMPLE IRAs where contributions are still being made

• Not available from qualified retirement plans (QRP) Opportunities for the charity

Tech For Troops receives no financial help from state or federal governments.

Are You Ready to Make a Difference?

Your contributions can change lives. We're here to make good things happen for other people and we welcome you to join us.