Trees and Benches

Trees and  benches are a wonderful way to memorialize friends and loved ones. Please email admin@hillsideparkmd.org to find out more. 

Credit/Debit Cards and Checks

To make a gift to Hillside Park Inc. using a credit or debit card, please click here.

Checks should be made payable to Hillside Park Inc. and mailed to P.O. Box 16214, Baltimore, MD 21210. 

Securities

To make a gift of stock, contact your broker and let him/her/them know that you want to contribute to the Hillside Park Inc.. Your broker will need the following information to complete the transfer:

DTC Eligible Securities
DTC#: 0141
First Clearing LLC
Beneficiary: Roland Park Community Foundation A/C#8505-9510 [update]

Please notify admin@hillsideparkmd.org of an incoming stock gift.

Pledges

Pledges may be made over a three-year period. If there is a particular project at Hillside Park to which you would like to contribute (e.g., renewing the tree canopy, eradicating invasives, trail maintenance), please note it on the pledge form.

Matching Gifts

Many companies will match philanthropic gifts given by employees, which could double the impact of your donation. Some companies also match gifts made by retirees or spouses.

Planned Giving

Over the years, many residents have contributed to special campaigns and annual fundraising efforts — both with hard work and financial support. We hope you will consider continuing the legacy of support by designating a gift to Hillside Park in your estate. Gifts through your estate, which are tax deductible, may be made in any amount and revised over time. The easiest ways to make a gift of this kind are either to create a bequest through your will or to name the Hillside Park Inc. as a beneficiary of your retirement plan. Once you have spoken to your lawyer about the bequest, let us know so we may both thank you and include your name in our materials. Contact admin@hillsideparkmd.org with questions.

IRA Charitable Rollovers

Adapted from an article written for the summer 2022 Roland Park News by John Kevin, Treasurer, Community Foundation.

Qualified Charitable Distributions (QCDs), also known as Individual Retirement Account (IRA) Charitable Rollovers, are a unique method for individuals, subject to the Required Minimum Distribution (RMD) requirements, to support the Community Foundation’s work.

If you are 70.5 years old or older, you can typically transfer as much as $100,000 a year from your IRA directly to a qualified charity without having any of the transfer subject to tax. QCDs are limited to the amount that would otherwise be taxed as ordinary income. In addition to the benefits of giving to charity, a QCD excludes the amount donated from taxable income, which is unlike regular withdrawals from an IRA.

A properly completed QCD counts toward your RMD for the year. The transfer must be made directly from the IRA to a qualified charity. Many investment firms have paperwork specific for this type of transaction, so it is advisable to have your financial advisor or institution help you start the process. Keep in mind that you may initiate your RMD any time during the tax year, but for the QCD to count towards the current year’s RMD, the funds must come out of your IRA by the deadline, which is generally December 31st.

Interested in a QCD for Hillside Park? Please contact the Hillside Park Inc. office at admin@hillsideparkmd.org for assistance with the paperwork and to ensure you receive the proper receipt or acknowledgement for tax filing purposes.

A QCD is just one way to support the Hillside Park Inc. in your estate planning.

The Hillside Park Inc. does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.