|
Annual Giving Fund
The Annual Giving Fund
is a critical fundraising component for Big Brothers
Big Sisters. Unrestricted gifts are used to support
volunteer recruitment, program expansion, specialized
initiatives, and capitol projects. Unrestricted gifts
allow Big Brothers Big Sisters of the Lehigh Valley
to distribute dollars to the areas where funds are most
needed.
Memorial Gifts
Any contribution can
be made a "Gift in Memory" of a deceased relative,
Big Brother or Big Sister, volunteer, or Little Brother
or Sister. The memorial gift can be designated for special
projects.
Forms a Gift May Take
- Cash
- An outright gift
of cash, qualifies as a charitable deduction for federal
income tax purposes.
- United Way
- Individuals and corporations
may elect to support our mission by designating Big
Brothers Big Sisters of the Lehigh Valley during the
United Way Fall Campaign.
- Matching Gifts
- Many businesses have matching gift programs which
will multiply employee contributions. Matching gift
forms should accompany your gift so that Big Brothers
Big Sisters can supply your employer with the required
gift verification.
- Real Estate
- A gift of
real estate provides the donor an income tax benefit,
since the market value of appreciated property is
deductible. Property can be donated with the provision
that the donor will continue to occupy it.
- Life Insurance
- A gift of life insurance, either a paid-up policy
or a new policy naming Big Brothers Big Sisters, allows
the donor to make a substantial contribution to the
agency.
- Bequests -
A bequest is a gift made through a will. It can be
given as a specific dollar amount, as portion of an
estate, or as a remainder share. Many friends make
gifts through bequests to perpetuate lasting ties
to the agency and to endure its future well-being.
- Other Deferred
Gifts - A variety of trust arrangements can benefit
both your family and Big Brothers Big Sisters. Through
a remainder gift, a donor may contribute assets to
Big Brothers Big Sisters and retain the income from
these assets for life. Through an income interest
gift, a donor may contribute the income from an asset.
Both types of gifts can offer immediate and future
tax advantages.
When deciding which gift to make, consult your attorney
and/or financial advisor for tax information specific
to your circumstances. Any other questions may be
directed to our CEO, Maryjean deSandes.
|