Randolph Mountain Club
Ways To Give
The RMC is grateful for the support of members and the wider community in response to annual appeals and periodic fundraising efforts for huts, trails and other RMC projects. We encourage donors to review all the options for giving and donate in the way that is most convenient and tax-wise for them.
By check
Checks should be made to the Randolph Mountain Club and sent to:
Randolph Mountain Club
PO Box 279
Gorham, NH 03581
By credit card
Credit card gifts can be made on the RMC website:
https://randolphmountainclub.org/donate/
Website donations are processed through PayPal. Credit card donations may also be made at RMC events or at the camps using Square.
By Donor Advised Fund (DAF)
Individuals and families who have created a donor advised fund, family foundation or other account for philanthropy can send donations to the RMC using the same mailing address for checks, above. The RMC’s tax identification number, also known as an EIN, is 02-6013144 and may be required when initiating a gift.
Qualifying Charitable Distribution (QCD) from an IRA
Under current tax law (9/25), individuals who are age 70 years 6 months or older may direct up to $108,000 from their IRA Required Minimum Distribution (RMD) to the Randolph Mountain Club as a donation.
Donors taking advantage of the IRA QCD option may fulfill charitable commitments and reduce the amount they must report as income by using this option, since the RMD goes directly to charity. Individuals are encouraged to consult with a tax professional about reporting of IRA QCD donations. As of this writing, IRA QCD donations are not tax-deductible but can effectively lower adjusted gross income and may help to reduce overall tax liability.
Gift of Appreciated Stock
The RMC accepts donations of appreciated stock directly to the Club’s investment account at Fidelity. For the RMC account number and other instructions on how to make a stock gift, please contact Adam Berger, RMC Treasurer, at treasurer@randolphmountainclub.org
Donations of stock are typically allowed at the full fair market value of the securities, up to any limits set by the IRS. Compared to the cost of selling shares, paying tax and then making a gift from the proceeds, most donors will realize tax benefits and be able to make a larger gift by giving the stock directly to the RMC.
It is easy to initiate a stock donation. Note that in the case of gifts of physical stock certificates, direct registration shares, closely held stock, or stock held on foreign exchanges, the standard methods do not apply, and the RMC may not be able to accommodate certain kinds of transactions.
Gifts of Mutual Fund shares
Giving mutual fund shares is similar to making a stock gift but the process can be more complex and may require special instructions depending on how and where the fund shares are held. Interested donors are asked to contact Adam Berger, RMC Treasurer, at treasurer@randolphmountainclub.org and provide the mutual fund name, ticker symbol, share class, the financial institution where the shares are held, and the number of shares and approximate value of the intended gift.
Liquidation of stock and mutual fund donations
It is the RMC’s policy that all gifts of stock and mutual funds will be sold upon receipt and transferred to existing accounts to allow the Club to maintain the Board-determined balance of invested assets.
Matching gifts
Some donors may be able to match at 1:1, 2:1 or 3:1 a gift made to the RMC thanks to their employer’s corporate matching gift program. Some companies match contributions made by retirees and/or spouses, in addition to current employees. Each company has its own requirements, and information is typically available from the Human Resources office or equivalent department.
