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Donate:

You can make a difference in the lives of individuals who are committed to improving their literacy skills and helping to build a better life.

Matching Gifts:

Find out if your employer has a matching gift program that could double, or even triple, your gift to the Clark County Literacy Coalition
 

Donate Online: By Credit or Check Debit Card
 

Donate by Mail:  Simply click here & print the following form and return it along with your donation to the Clark County Literacy Coalition, 137 E. High Street, Springfield, OH 45502.

More Ways to Give:

• Gifts of Securities

 A gift of appreciated securities held for more than one year may bring significant benefits.  You may be entitled to a charitable income tax deduction for the fair market value of the gifted securities as of the date of the gift. You may eliminate capital gains tax that would become due if you had sold the appreciated securities on the open market and donated the proceeds from the sale to charity. You may claim your charitable deduction against up to 30% of your adjusted gross income.  Any unused deductions can be carried forward over the next five years.  A gift of securities may provide you a way to help to achieve the long-term financial objective of reducing your income and estate taxes.

Please consult your financial advisor for advice about gifts of securities.

• Planned Giving

Planned giving is a means for a donor to integrate his/her charitable desires into the overall financial, tax, and estate planning in order to maximize the benefit to the Clark County Literacy Coalition and the donor. Planned giving usually comes from a donors assets rather than income and can be deferred. The Clark County Literacy Coalition suggests that donors consult with their own legal advisors or tax planners for information about Planned Giving. There are many opportunities for an individual to make a planned gift.  Such gifts come not only from the wealthy, but from many individuals with assets that are more moderate.

In general, the following is some information that might be of interest.

Please consult your financial advisor for advice about planned giving

*

DONOR GOAL: THE DONOR CAN: BENEFITS TO DONOR ARE: Avoid tax on capital gains Contribute long-term appreciated stock or other securities A Charitable deduction plus no capital gains Share a collection or other personal item Donate tangible personal property related to an exempt function A charitable deduction based on the full fair market value Make a revocable gift during their lifetime Name charity as the beneficiary of assets in living trust Full control of the trust terms for donor lifetime Defer a gift until after donor lifetime Put a bequest in donor will (giving cash, specific property, or share of the residue) Donations are fully exempt from federal estate tax Make a large gift with little cost to donor Contribute a life insurance policy donor no longer needs Current and possibly future income tax deductions Avoid the twofold taxation on IRA or other employee benefit plans Name charity as the beneficiary of the remainder of the assets after donors lifetime It lets donor leave family other assets that carry less tax liability Avoid capital gains tax on the sale of home or other real estate Donate the property to charity, or sell it to charity at a bargain price An income tax reduction plus reduction plus reduction or elimination of capital gains tax Give donor’s personal residence or farm, but retain life use Create a charitable gift of future interest, called a retained life estate It gives the donor tax advantages plus use of the property Create a hedge against inflation over the long term Create a charitable remainder unitrust It pays donor a variable income for life and gives donor tax benefits Secure a fixed life income while avoiding market risks   Create a charitable remainder annuity trust It gives donor tax benefits and often boosts donor’s rate of return Receive guaranteed fixed income that is partially tax-free Create a charitable gift annuity Current and future savings on income taxes, plus stable income Reduce gift and estate taxes on assets donor passes to children or grandchildren Create a charitable lead trust that pays income to charity for a specific term of years It has the estate tax benefits of a gift, but donor’s family keeps the property

*This table is an excerpt from “Fundraising on the Internet” a book by the ePhilanthropyFoundation.org
Edited by: Mal Warwick, Ted Hart & Nick Allen & published by Jossey-Bass Publishing

© Copyright 2002 Clark County Literacy Coalition