The Zeta Iota Zeta Educational Foundation is a 501(c)(3) charitable organization that provides scholarships and supports the educational areas of the new Chapter House.  Here are options for supporting the project that may provide tax-deductible contribution for you.  As always, consult your own tax advisor to ensure you maximize your benefits while contributing within IRS guidelines:

Send Money to the Educational Foundation – Current year tax deductions for up to 60% of your Adjusted Gross Income are available to those that itemize on their tax returns.  If you do not have aggregate itemized expenses (State and local taxes, mortgage interest, total contributions) that exceed the standard deduction, this option may not result in benefits to you.  Alternatively, if your total contributions to charities exceeds the 50% of AGI limit, the excess amount can be carried over for up to 4 years for potential deductions.
  •Cash – Send via Zelle to zetaiotafoundation@gmail.com and the Educational Foundation receives the full amount
   •Check – Mail to:  Zeta Iota Zeta Educational Foundation              
                                PO Box 13129
                                Overland Park, KS 66282
  •PayPal – You may send funds via PayPal, although PayPal retains a small processing fee

Contribute Appreciated Assets – By transferring stocks, ETFs, etc. from your personal account to the Educational Foundation to you be eligible to a tax-deductible for the full current value of asset without having to recognize a gain on the increased value of the stock, etc.  In this case the current year tax-deductible is limited to 30% of you Adjusted Gross Income, although any unused amount due to this limit can carryover for future deductions for 4 years, subject to the same limitation each year.  To make this type of contribution you will need a form from your brokerage firm and Educational Foundation account information, so reach out to Educational Foundation President Richard Winter at richardrwinter@gmail.com for assistance.

Make an IRA Qualified Charitable Distribution – There are options to contribute from you IRA which may be tax-advantageous, subject to certain requirements and restrictions.  This option is available to IRA owners who are age 70½ or older but is limited to $100,000 per year. The distribution is excluded from your gross income, and it counts towards your required minimum distribution (RMD) if you're over 73. The distribution must be made directly by the IRA trustee to the Educational Foundation account and you must be certain to indicate that there are no withholdings for Federal or State taxes.  Since you are avoiding taxes in this process QCDs are not deductible as charitable contributions.  We can provide example forms and assist with a QCD, if interested.
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For more information on these or other options reach out to Richard Winter, Educational Foundation President at richardrwinter@gmail.com.  You are also encouraged to consult with your tax advisor when considering any form of contribution to the Educational Foundation.