The Providence Eye is a 501(c)(3) non-profit organization (Federal Tax ID: 92-3116761).

The Providence Eye is an independent, nonprofit newsroom. All of our stories are free and not hidden behind a paywall. We rely on the generous support of the community we serve, including foundations, businesses, and readers like you.

Donate

The best way to support The Providence Eye in an affordable, yet meaningful way? Sign up with an ongoing monthly donation. If sustaining support isn’t right for you at this time, you can also make a one-time gift. Your donation of any amount helps us continue our work, informing, connecting, and engaging our community.

Prefer just to mail a check? That works, too! Make your check payable to The Providence Eye and send it to:

The Providence Eye
498 Pine Street
Providence, RI 02907

 

Other ways to support:

Business Sponsorship

Have a local business? Support community journalism as a business sponsor! We’re happy to create a custom sponsorship package to meet your needs and budget. Email [email protected] to learn more.

Employer Matching Gifts 

Many companies will match their employees’ donations to The Providence Eye. It’s a great way to double or even triple the value of your support! See if your employer has a matching gift program in place.

Vehicle Donations

Have a car, truck or boat that you no longer use? Donate it to The Providence Eye and we turn it into nonprofit, community journalism. We accept cars, trucks, RVs (and some boats) in all conditions. Find out more and start the process by calling our vehicle donation line at 855-500-RIDE (7433). Or, you can start the process online here.

Philanthropic Giving

There are several ways to support our nonprofit newsroom that have additional tax advantages. The Providence Eye recommends that you consult your own tax advisor before making any personal financial decisions.

Gifts from Donor-Advised Funds

As a 501(c)(3) nonprofit, The Providence Eye is eligible to receive charitable gifts through donor-advised funds (DAF).  To make a gift through your DAF, contact your financial/legal advisor or your DAF representative to recommend a grant to The Providence Eye. If possible, please include your contact information with your gift so that we can thank you for your generosity. Your DAF administrator may require the following information:

Organization’s Legal Name: The Providence Eye
EIN: : 92-3116761
Mailing Address:
The Providence Eye
498 Pine Street
Providence, RI 02907

Limitations to donating through a donor-advised fund:

• Donors cannot use their DAF to pay off an already existing debt or obligation.
• Gifts from DAFs have already received tax deductions and thus do not qualify for any goods or services.

IRA charitable rollover

If you are 70 1/2 or older, you can receive a tax benefit when you distribute funds directly from your IRA to The Providence Eye. This option is also referred to as a qualified charitable distribution, or QCD for short.

Advantages to you:

• The IRA Charitable Rollover permits you to make donations directly to charitable organizations such as The Providence Eye from your IRA without counting the distribution as part of your AGI and, consequently, without paying taxes on it.
• You can receive a tax benefit regardless of whether you itemize deductions or take the standard deduction on your income tax return.
• The distribution can count toward your required minimum distribution for the year.

To qualify:

• You must be 70½ or older.
• Distributions can only be made from traditional Individual Retirement Accounts or Roth IRAs. Charitable donations from 403(b) plans, 401(k) plans, pension plans, and other retirement plans are ineligible for the tax-free treatment. Distribution must be made directly from the IRA trustee payable to The Providence Eye or another qualified public charity.
• Your total combined charitable IRA rollover contributions are limited to $111,000 per year. (Married couples may be able to contribute up to $222,000.)
• Qualified Charitable Distributions from an IRA must go directly to a public charity or nonprofit. Contributions to donor-advised funds and private foundations generally do not qualify.
• You cannot receive any goods or services in exchange for your Qualified Charitable Distribution.
• You must receive an acknowledgement from the nonprofit recognizing your donation as a Qualified Charitable Distribution.

 Gifts of Appreciated Stock

Stock donations to The Providence Eye are a great way to support nonprofit, local journalism and the other programs you enjoy. If your stock was held for more than 12 months, you’ll receive a two-fold tax savings:

• You receive a tax deduction based on the full fair market value of your stock on the date of your gift.
•  You won’t pay capital gains tax on the increase in your stock’s value.

Email [email protected] to request details and instructions.

Legacy Giving

By including The Providence Eye in your estate plans as a complement to your annual support, your gift continues beyond your lifetime, helping ensure the future of independent local journalism. Your financial advisor can advise you on the tax advantages of legacy giving and how a planned gift may benefit you and your loved ones.

Bequest

When you name The Providence Eye in your will or trust, you leave a percentage of your estate, a specific amount, a residual amount, or a specific property to The Providence Eye. Assets are later transferred to The Providence Eye with potential estate tax savings for your heirs.

Life Insurance

Designate The Providence Eye as a beneficiary of a new or existing life insurance policy. You can also give your paid-up policy to the organization. This means future support at little cost to you, and tax savings for your heirs.

Retirement Plan Assets

Name The Providence Eye as a beneficiary on your IRA or qualified retirement plan to receive a percentage of what remains when the plan ends. Giving through your retirement account is one of the most tax-wise ways to give.

Questions? Contact [email protected]

Have you already included The Providence Eye in your estate plans? Be sure to let us know!