Donate By Mail
To contribute by mail, send a check made payable to “Institute for Local Self-Reliance” to:
Institute for Local Self-Reliance
2720 E. 22nd Street
Minneapolis, MN 55406
Donate By Phone
To make a donation over the phone using a credit card, call ILSR’s Development Director John Bailey at (612) 877-7000.
Donate via a Donor-Advised Fund
Donor Advised Funds (DAFs) allow donors to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund over time.
ILSR’s Federal Tax ID is: 23-7394104
Donate A Gift of Stock
Contributing stock to ILSR has tax advantages that you may be able to capture. Please drop an email to John Bailey, ILSR’s Development Director, and he’ll get you what you need.
Donate a Portion of Required Minimum IRA Distribution
If you are age 73 or older, IRS rules require you to take minimum distributions from your tax-deferred retirement accounts. Donate to ILSR directly from your IRA, you can avoid paying income tax on that portion of your distribution. Contact your IRA administrator or ILSR’s John Bailey to learn more.
Make a Legacy Gift
With a planned gift, you can make a lasting impact on the future of our work and ensure that our pro-local, anti-monopoly vision endures for generations to come. By including ILSR in your estate plan or making a planned gift during your lifetime, you can provide vital support to our organization while also enjoying a number of financial and tax benefits.
There are many ways to make a planned gift:
- Bequests: A gift made through a will or living trust. You can designate a specific dollar amount or a percentage of your estate to ILSR.
To include a gift to ILSR in your will or trust, you can use the following legal language: “I give, devise, and bequeath to Institute for Local Self-Reliance, 2720 E. 22nd Street, Minneapolis, MN 55406, federal tax identification number 23-7394104, _% of my residuary estate (or $___, or other property).” - Charitable Trusts: Allows you to make a gift to ILSR while also providing income for yourself or your loved ones during your lifetime. There are several types of charitable trusts to choose from, including charitable remainder trusts and charitable lead trusts.
- Retirement Plan Gifts: You can name ILSR as a beneficiary of your retirement plan, such as an IRA, 401(k), or 403(b). If you are age 73 or older, IRS rules require you to take minimum distributions from your tax-deferred retirement accounts. Donate to ILSR directly from your IRA to avoid paying income tax on that portion of your distribution.
- Life Insurance Gifts: You can name ILSR as a beneficiary of your life insurance policy. This can be a simple and effective way to make a meaningful gift to our organization.
If you’re interested in making a planned gift to ILSR, we recommend speaking with your financial or legal advisor. They can help you determine the best type of gift for your individual circumstances and goals. You can also contact us directly at [email protected] to learn more about how your planned gift can support our work.
