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Workplace Giving
Many
businesses — from large corporations to regional companies
— have matching gift programs set up to encourage their
employees to donate money to charities and public service
organizations. By participating in a matching gift program
you can easily multiply your gift and increase the value
of your donation to FD Hope. You may even be able to
participate if you are a retiree. Read on to find out how
to increase your support without taking more money out of
your pocketbook.
The
typical matching gift program is set up so that a company
or corporation gives the same amount of money its employee
gave to the same charity. FD Hope is eligible for many
matching gift programs. To participate, simply:
· Click
here for a
list of businesses
that have matching gift programs. (If the company you work
for is not listed, check with your Human Resources or
Payroll Department about their matching gift policy.)
· Fill
out your employer’s matching gift form and send it with
your donation to:
Attn:
Matching Gifts
FD Hope
110 Deerwood Court
Chapel Hill, NC 27517
· Please
let us know if we can add your company to our matching
gifts company list by e-mailing us at
info@fdhope.org.
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Stocks and Mutual Funds
As you may already know, the
benefits of donating appreciated securities (either stocks
or mutual funds) are tremendous. You are able to avoid
paying capital gain tax on the appreciation, and you also
get to deduct the full fair market value of the security
at the time of gift. This is an excellent way to leverage
your gift in support of FD Hope funded research.
Click here to learn
more about how you can save money while
supporting FD Hope.
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Wills and Bequests
Family is perhaps the most precious thing to us here on earth. Entire
lives are spent providing for their needs and
protecting their future. It is an investment worth
safeguarding, nurturing and building into a family
legacy.
If you are interested in naming FD Hope as a beneficiary in your will, or
an estate planning instrument, your attorney will
need the following: FD Hope is a 501(c)(3)
organization incorporated in the State of Illinois.
Our tax identification number is 36-4413933.
Sample bequest language: I
bequeath the sum of $____________ or ____________%
of my estate to FD Hope,
110 Deerwood Court,
Chapel Hill, NC 27517, to be used for its work in
support of medical research to identify and test new
treatment options and find a cure for Familial
Dysautonomia.
If you have already included FD Hope in your will, please contact us so
we can say "thank you."
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Retirement Plans
Because your qualified retirement plans, including IRA, 401(k),
403(b), Keogh and SEP, are considered part of your
taxable estate at death, they may be subject to
taxes in excess of 70 percent. Careful planning can
help you minimize or even eliminate these taxes.
Amounts left from retirement plans for charitable
use are still included in the taxable estate, but
they are fully deductible from the estate as
charitable gifts.
Rather than see retirement assets diluted by taxes,
you can direct these assets to be used to make
charitable gifts from your estate. After you have
discussed your estate and financial plans with your
legal and/or financial advisor and decide to make a
gift from your retirement assets, the procedure is
very simple. Ask your retirement plan administrator
for a Change of Beneficiary form, and
indicate the amount or percentage you would like to
go to charity. Simply insert FD Hope’s name and the
amount to be given to the organization. You can
change your beneficiary designation or distributions
at any time.
Real Estate
Gifting real estate to FD Hope is an excellent way
to help us further our mission. If you own property
and wish to make a charitable gift, you may find
real estate gifting an efficient way to accomplish
your goal. Someone who donates real estate that has
been held for more than one year is generally
entitled to an income tax deduction equal to the
full fair market value of the contributed property.
Also, the donor can avoid the capital gain tax on
the appreciated portion of the property that would
have been taxable if the property was sold. Estate
tax savings as well as avoiding probate are other
possible benefits.
Please contact us for more information about this
type of asset giving because every real estate gift
is unique. |
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Life Insurance
Life
insurance may be one of your many assets that could also
add flexibility to your charitable giving plans. Sometimes
life changes alter your life insurance needs. You may
currently own previously purchased policies that are no
longer necessary. These policies could play a major role
in your charitable giving plans.
Examples
of unnecessary policies include:
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A
policy on your life to protect a spouse for whom it
is no longer necessary, or a child who is now
financially independent. |
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A
policy bought to guarantee that money will be
available for your children's education, but their
education was paid by some other means. |
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A
policy purchased to protect a business that no
longer exists or no longer needs protection. |
These life
insurance policies may be considered "obsolete" and don't
need to be held. While the policies may not benefit you
for the purpose for which they were originally intended,
they could assist you in meeting other goals.
Benefits
of donating to a charitable organization through your life
insurance:
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The
gift is immediate, which also gives you immediate
tax deductions. |
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Your
confidentiality is assured, as life insurance is not
a matter of public record. |
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A
gift of life insurance is flexible and can be
designed to meet your giving desires. |
If you are
interested in making a charitable donation through your
life insurance, please contact us to discuss the details.
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