Need additional help? Please contact either Aune Carlson or Cory Alverts:

Aune Carlson                                                           Cory Alverts
Director of Partnerships & Development                 Finance Manager
[email protected]                                                        [email protected] 
907-250-9387                                                       907-622-2702

Donation Inquiry Questionnaire
Complete this questionnaire if you would like more information about a particular way to make a donation. 


GIVE BY CHECK
  1. Make checks out to Covenant Youth of Alaska or CYAK
  2. Mail checks to the CYAK office:
                 Covenant Youth of Alaska (CYAK)
                 P.O. Box 770128
                 Eagle River, AK 99577


GIVE THROUGH DONOR ADVISED FUNDS (DAF)
To give through a Donor Advised Fund you’ll need to provide the following information:
  • Our full organization name: Covenant Youth of Alaska 
  • CYAK’s Federal Tax ID​ Number (FEIN): 20-8363626
Follow these instructions:
  • Have the check from your DAF mailed to the CYAK office:
                Covenant Youth of Alaska (CYAK)
                P.O. Box 770128
                Eagle River, AK 99577
  • Please inform CYAK that you have made a gift by emailing [email protected] so that:
    1. the CYAK Office knows to expect a donation in the mail and can alert you when it has been received.
    2. the donation can be properly attributed to your donor profile and your year-end tax exempt donation receipt is accurate.
  • In that email, please indicate:
    1. if your donation is to be anonymous, or if you may be thanked publicly.
    2. if the donation is in honor or memory of someone.
      1. Include the full name of the person you are donating in memory/honor of.
      2. Include the full name and mailing address of someone you would like CYAK to notify that a gift was given in their or their loved one’s memory/honor.
    3. the specific fund you’d like to donate toward. Choosing from these funds:
      1. Mission Fund
      2. CYAK Staff (include the staff member’s name)
      3. Alaska Leader Fund (ALF)
      4. Covenant Bible Camp Scholarship Fund


GIVE TAX-FREE THROUGH RETIREMENT ACCOUNTS
Who qualifies to make a Qualified Charitable Distribution (QCD)?
  • If you are 70 ½ or older, you can donate up to $108,000 per tax year directly from an Individual Retirement Account (IRA) tax-free to 501(c)(3) charitable organizations such as Covenant Youth of Alaska.
How does a QCD work?
  • You must be 70 ½  or older at the time of gifting via your IRA to charity.
  • You may distribute up to $108,000 total in a calendar year to public charities, so long as it is completed by December 31 of that year.
  • Your IRA administrator must make the distribution directly to the charity.
What are the benefits of making a QCD from an IRA?
  • QCDs count toward your required minimum distribution for the year and help you avoid taxes incurred by normal distributions from a retirement account.
Please inform CYAK that you have made a gift by emailing [email protected] so that:
  • The CYAK Office knows to expect a donation in the mail and can alert you when it has been received.
  • The donation can be properly attributed to your donor profile and your year-end tax exempt donation receipt is accurate.


GIVE THROUGH STOCK/ SECURITIES
1. If Your Shares Are Held In An Account... 
  • Ask your broker to make an electronic transfer of the shares to CYAK with the following information:
    • Covenant Youth of Alaska’s Fidelity Account #Z40-358666. 
    • The Depository Trust Company (DTC) number is 0226 
      • This number is needed if the stock is currently held in an account with a company other than Fidelity 
  • Once the stock is transferred into CYAK’s account, we will receive notification of the transfer, and a receipt will be sent to you. 
  • The effective date of the gift for this method is the date the shares appear in our account. 
  • Please contact CYAK’s Finance Manager at 907-622-2702 or by emailing [email protected] to advise us that a gift has been made. 
2. If You Hold The Certificate For Your Shares... 
  • Please sign the stock over to Covenant Youth of Alaska, either by endorsing the back of the certificate or by using a stock power. 
  • Make sure to sign exactly how the name(s) appear on the front of the certificate. 
  • If you have already had the certificate reissued in the name of Covenant Youth of Alaska, it is not necessary to provide us with a stock power. 
  • Both types should then be mailed to the attention of CYAK’s Finance Manager at PO Box 770128, Eagle River, AK 99577. 
  • Due to the nature of the document being mailed, we recommend that you send it via certified/registered/express mail. 
    • When the certificate is received, it will be immediately liquidated and a receipt will be sent to you. 
    • The effective date of a gift made in this manner is the date of the postmark for certificates still registered to the donor, and the certificate date for those that have been reissued in the name of Covenant Youth of Alaska. 
3. If You Are Transferring Shares Of A Mutual Fund… 
  • Please contact CYAK’s Finance Manager by calling the office or emailing [email protected] to discuss how to initiate the transfer. 
  • Since each mutual fund company has its own unique procedure, we will need to contact your mutual fund company or your broker to coordinate the most efficient way to make the transfer. 
4. To Ensure Your Gift Gets To The Right Account at CYAK, and that you get credit for the gift… 
  • Please contact CYAK’s Finance Manager with the 
    • designation for the stock gift, 
    • the number of shares, and 
    • the identity of the stock. 
  • We prefer that this be done in writing (via email to [email protected]), but you may call the Finance Manager directly at (907) 622-2702.
  • To ensure the most efficient processing of your gift, it is important to communicate the information listed directly to us. 
  • Please do not rely only on your stock broker or wire transfer service to provide us with this information. 


GIVE BY WIRE TRANSFER
Please contact CYAK’s Finance Manager by email at [email protected] or via phone at 907-622-2702.

​
LEGACY GIFT PLANNING
Contact our office to discuss your desire to leave a lasting legacy for the furtherance of the mission of Covenant Youth of Alaska to share the love and hope of Christ with Alaska’s youth and young adults.

There are many different forms that a legacy gift can take. Here are a few common options that you may consider as you imagine your own legacy giving. Including, but not limited to:

  • Bequests: A bequest is something that a donor gives a nonprofit through their will, whether that be cash, property, stocks, or a portion of their estate. This is the most common and often simplest type of legacy gift for donors to set up.
  • Life Insurance: Donors can designate an organization as one of the beneficiaries of their life insurance policy. Or, if you, the donor, no longer needs the policy, you can donate the accumulated value to a nonprofit.
  • Retirement Fund: Donors can also designate an organization as one of the beneficiaries of their retirement assets, like their IRA, 401(k), or pension.
  • Charitable Gift Annuities: The donor gives a large amount of money to the nonprofit. The nonprofit then pays the donor a set annual income from that donation until the pay period ends (usually when the donor passes). After that, the nonprofit gets the remaining funds.
  • Retained Life Estates: A donor gives your nonprofit a piece of property that they own, but can still use during their lifetime. Once the donor passes, your organization can choose to sell or keep that piece of property.
  • Charitable Remainder Trust: This legacy gift is a type of trust gifted to a nonprofit that pays an annual amount to the trustee. After the trust is completed, the nonprofit receives the remaining funds.