Often the most satisfying donations are those you make right when the
urge strikes—the types of gifts that allow you to see the immediate
benefits of your generosity. Gifts you make today for immediate use are
known as outright gifts, and there are many ways to make them.
Unrestricted gifts of cash allow Faith, Hope & Charity to utilize your gift immediately for our greatest need. Some of our on-going needs include funding for recreation programming and activities for the children we serve, general support for the operation of our Community Service/Respite Care program or general support for current capital projects.
Assets that have appreciated in value and have been held for more than
a year, such as stocks or real estate, are an excellent source of outright
giving. You can deduct the fair market value of the asset donated to the
organization and pay no capital gains tax on the increased value.
Consider donating a vacation home you no longer use or property purchased
as an investment many years ago. In some cases, you can donate your personal
residence, yet reserve the right to live there for the rest of your life
or that of a loved one.
Valuable items that no longer fit your lifestyle or needs could make
excellent charitable gifts, depending upon our gift acceptance policies.
An outright donation is not only personally fulfilling, but offers potential
tax benefits as well. We would be happy to discuss how such a gift might
work in your situation.
Please contact Mary Ludwig, Development Director at 712-732-5127, for
more information.
The information on this site is not intended as legal, tax or investment
advice. For such advice, please consult an attorney, tax professional
or investment professional.
Copyright © The Stelter Company, All rights reserved.
|