|
How to Plan Your Gift There are many available methods of making gifts for maximum value at the smallest cost and that benefit both you and the Midland YMCA. Check with your attorney or tax adviser to determine the best gift alternative for you. The federal government encourages your support of this campaign by allowing your contribution to be claimed as a charitable deduction. To maximize your gift, a multi-year pledge offers beneficial tax deductions. Donors will be encouraged to pledge, because one-time cash gifts will not get the job done. Pledging allows an extended period of time to fulfill an important commitment to this unique community resource. The Board of Directors has established a pledge period of up to 60-months. Stocks and bonds that have appreciated in value may be donated with distinct mutual advantages. Gifts of real estate that have appreciated have the same advantage as securities. A corporate gift to this campaign entitles the firm to a deduction from its taxable income. Owners of family corporations can avoid double taxation by making a company gift rather than an individual gift. Many companies will match the contributions their employees make to the Midland YMCA. If your company offers this benefit, be sure to complete the necessary forms to multiply your gift dollars to our campaign. All gifts help an essential community service and are an investment in the health, fitness and well-being of the entire community. We are asking you to share in the future of the youth and families of our community. Your pledge, over a five year period, will greatly influence our community for generations. When you respond to this need in a manner fitting with your interest and ability, you will be assisting in the growth and future of one of the most enriching programs in Midland. Please join us in this campaign. |