CCHC DERBY
Ways to Give
Why Give to the Charlotte County Homeless Coalition?
Gifts to the CCHC empower individuals with the satisfaction of knowing they’ve helped not only the organization but also their community. There are a variety of creative and tax-effective ways to make gifts and you can choose how your donation will be used. Gifts can be made with or without restriction and can range from providing food and shelter; a special program that has touched your heart; or to ensure well maintained facilities. Both special fund and facilities naming opportunities are available and these can be explored with our gift planning staff.
Gifts for Today
- Make a cash gift. This provides immediate funds to help a family stay in their home or provide a meal to a family that has nothing to eat. Your credit card gift can be accepted by telephone. Some gifts may be matched. Thousands of companies have Matching Gift programs which double, or even triple individual, tax-deductible contributions made by their employees and in some cases, retirees.
- A charitable gift of stocks or bonds provides an opportunity for tax savings while generously sharing with others. A gift of stock owned for more than a year entitles you to a charitable deduction of the full market value at the time the gift is made. If the stock has appreciated, you also avoid a capital gains tax on the appreciation. In this way you also accomplish your own goal of ridding yourself of low-cost basis, long-term holdings into assets that better suit your current needs.
- A Gift of Property is a gift for Today and/or Tomorrow. For some donors, gifts of real estate may be the most convenient way to make a meaningful gift. In some cases, real property can be deeded to the Homeless Coalition today with the donor saving the right to continue residence for life. It carries with it a charitable deduction for the gift and no capital gains taxes. There are many methods you can use to make a gift of your home or other real estate - through a bequest, or more commonly, through lifetime transfer, with significant tax benefits. Both you and the Homeless Coalition benefit!
Gifts for Tomorrow
- Placing the CCHC in your Will ensures that programs will continue into the future. Discuss this with your estate planner or trusted advisors. The Coalition’s Planned Giving professionals would be happy to schedule an appointment with you and your advisors to discuss the various options available.
- Life Insurance provides a way to make a substantial contribution to the Homeless Coalition - both through the transfer of paid up policies and through designating the Coalition as beneficiary and continuing to pay the annual premiums until payments are complete. If at any time you find it necessary to discontinue paying premiums, the CCHC can either continue paying the premium or receive the cash surrender value of the policy. A donor may take out a new policy naming the CCHC as irrevocable beneficiary and receive a charitable deduction on the premium payments.
- Charitable Remainder and Lead Trusts are estate planning options that can benefit you, your heirs and your charitable intentions through tax savings and avoidance. One gives you income now with the gift coming to the Homeless Coalition after the termination of the trust; the other gives the CCHC the income on the principal or property during your life and that principal or property then passes to your heirs or back to you at the termination of the trust.
- An Endowment Fund lasting in perpetuity can be established either in your name or in honor of a loved one. These funds can range from providing food and shelter to a deserving family; a program that has touched your heart; or to ensure well maintained facilities.