Ways to Give Today
The following information details the ways in which you might support the Boscobel Area Health Care Foundation financially. Your support is very much appreciated however you contribute. Donors may choose to make significant gifts to the BAHCF Capital Campaign in a variety of ways.
Pledges
Give a gift in support of the Campaign over the course of three to five years on a payment schedule of your design. The benefits of a pledge are numerous for both donor and BAHCF.
When payments are stretched out over the course of several months or years, people find it easier to make larger gifts. Pledging also allows the donor to determine a schedule for making payments. The Foundation benefits by knowing it has a solid, predictable base of support.
Cash (Check)
Every dollar you give to the BAHCF Capital Campaign is tax deductible up to the maximum of 50% of your adjusted gross income. Any amount given in excess of this limitation can be carried over and deducted for up to five subsequent years.
Matching Gifts
Many corporations recognize the support of a nonprofit organization by an employee or other eligible individual. If your business fits this category, the Foundation will award campaign credit to you for both your gift and its match. Matching gifts are usually equal to the donor's gift, although some corporations match on a two-to-one ratio. Usually, the donor must obtain the company's matching gift form and send it with the gift to the recipient.
Gifts of Appreciated Stocks and Bonds
If you have marketable securities that have grown substantially in value, the tax laws make it possible for you to make an important gift at remarkably low after-tax cost. To make direct gifts to the Foundation and gain significant tax advantages, notify your broker or custodian banker that you intend to make a gift to the Boscobel Area Health Care Foundation. Gifts of securities will be credited at their mean market value on the date of delivery to the Foundation.
Closely Held Stock
Contribution of shares of stock in a closely held corporation allows the owner to avoid having the gift recognized in the form of dividends for taxing purposes. Even though the corporation makes the contribution, the individual is entitled to a charitable tax deduction in relation to the percent of his/her ownership in the business.
Personal Property
“Hidden assets”, such as antiques, paintings, jewelry and other collectibles, may be valuable assets that you no longer feel the need to retain and that can be donated with tax advantage.
Life Insurance
Another common “hidden asset” for giving is a life insurance policy that is no longer needed for its original purpose. The cash value of the policy is immediately available for tax deduction purposes.
Real Estate
Donated real estate may include vacation homes, farms, second homes, inherited or unneeded property, acreage or lots. This type of donation allows the donor to avoid capital gains tax on profit and receive a full fair-market value charitable deduction, up to thirty (30) percent of adjusted gross income, with a five-year carry-over provision and no capital gains tax on the property appreciation. Gifts of real estate will be credited at their appraised value at the time the gift is made. The Foundation reserves the right either to accept or reject any offer of real estate.
Farm Production
It is possible to make a generous gift to the BAHCF Capital Campaign by donating farming products such as corn, tobacco, soy or livestock.
