Ways to Give

Consider a Planned Gift – a way to make a lifetime or testamentary charitable gift. 

View a brief webcast below about wealth transfer and charitable giving. 

   

Donate to the Blackburn Grant  Donate to the Foundation


Gifts that Benefit You and the ASPEN Rhoads Research Foundation Now

Gifts of Cash

A donation of cash is a simple and easy way for you to make a gift. The benefits of a cash gift are that you can make an immediate impact on our mission and you can take a charitable income tax deduction To make a cash gift, click here and complete our online donation form. Your gift will be processed quickly and safely using our secure server. Or you can send us a check or money order.

Gifts of Stocks and Bonds

Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift. With a gift of stocks or bonds, you avoid paying capital gains tax on the sale of appreciated stock; receive a charitable income tax deduction and further our mission. Please contact us for instructions on how you can transfer stock or bonds from your brokerage or investment account by electronic transfer.

IRA Rollover

Congress recently enacted a permanent extension of the IRA Charitable Rollover. As a result, you can make an IRA rollover gift in 2015, 2016 and beyond.

With the IRA charitable rollover, you:

Avoid taxes on transfers of up to $100,000 from your IRA to our organization

Satisfy your required minimum distribution (RMD) for the year

Reduce your taxable income, even if you do not itemize deductions

Make a gift that is not subject to the deduction limits on charitable gifts

Help further the work and mission of our organization

Contact your IRA plan administrator to make a gift from your IRA to us. Please contact us for the IRA Charitable Transfer instructions.  Your IRA funds will be directly transferred to our organization to help continue our important work. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.

Gifts of Business Interests

As a business owner, you have the opportunity not only to build your business and accumulate wealth for yourself and your family, but also to accomplish your philanthropic goals through charitable planning. A gift of your corporate stock or assets can provide you with tax and income benefits and help further our mission. With gifts of business interests, you receive a charitable income tax deduction, avoid tax on the sale of your business stock or assets, and receive lifetime payments if your business stock or assets are used to fund a planned gift

How gifts of closely held stock work:

Give a percentage of your voting or non-voting shares in your business to us outright and receive an income tax deduction. We will hold your shares for a future sale or redemption and can use any dividends paid for our charitable purpose.

Give a percentage of your voting or non-voting shares in your business for a donor advised fund (DAF) and receive a charitable deduction. The DAF will hold your shares for a future sale or redemption and can use any dividends paid for charitable grants. On an annual basis, you can advise us on how to make grants from the fund to your favorite charitable causes.

If your corporation is an S corporation, there are special rules that apply to gifts of corporate stock. Please contact us to discuss the most tax-efficient way to structure your stock gift.

How gifts of business assets work:

If your business makes a gift of a non-inventory asset, it will receive a charitable income tax deduction based on the appraised fair market value of the asset.

The income tax deduction for a gift from a business is limited to 10% of the corporation's taxable income. Your business may carry forward any unused deduction up to five years.

If your business is an S corporation, the charitable deduction will flow through to the shareholders in proportion to their ownership interest. Check with us on the most tax-efficient way to make a gift of corporate assets from your business

Gifts of Real Estate

Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to our organization. With a gift of real estate, you avoid paying capital gains tax on the sale of the real estate, receive a charitable income tax deduction based on the value of the gift, and leave a lasting legacy.

Your real property may be given to us by executing or signing a deed transferring ownership. You may deed part or all of your real property to us. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.

Charitable Lead Trust

You fund a trust that makes gifts to us for a number of years. Your family receives the trust remainder at substantial tax savings. With a charitable lead trust, you receive a gift or estate tax charitable deduction, pass inheritance on to family at a reduced or zero cost, and establish a vehicle from which you can make annual gifts to charity.

How a charitable lead trust works:

  1. You make a contribution of your property to fund a trust that pays us income for a number of years.
  2. You receive a gift or estate tax deduction at the time of your gift.
  3. After a period of time, your family receives the trust assets plus any additional growth in value.

Gifts that Pay Income Now

 

Charitable Remainder Unitrust

You transfer your cash or appreciated property to fund a charitable remainder unitrust. The trust sells your property tax free and provides you with income for life or a term of years.

Benefits of a charitable remainder unitrust:

  • Receive income for life, for a term of up to 20 years or life plus a term of up to 20 years
  • Avoid capital gains on the sale of your appreciated assets
  • Receive an immediate charitable income tax deduction for the charitable portion of the trust
  • Establish a future legacy gift to our organization

How a charitable remainder unitrust works:

  1. You transfer cash or assets to fund a charitable remainder unitrust.
  2. In the case of a trust funded with appreciated assets, the trust will then sell the assets tax-free.
  3. The trust is invested to pay income to you or any other trust beneficiaries you select based on a life, lives, a term of up to 20 years or a life plus a term of up to 20 years.
  4. You receive an income tax deduction in the year you transfer assets to the trust.
  5. Our organization benefits from what remains in the trust after all the trust payments have been made.
Charitable Remainder Annuity Trust

You transfer your cash or appreciated property to fund a charitable remainder annuity trust. The trust sells your property tax free and provides you with fixed income for life or a term of years.
You may be looking for a way to receive fixed income for life or a number of years. You may be concerned about the high cost of capital gains tax with the sale of an appreciated asset. Perhaps you recently sold property and are looking for a way to save on taxes and plan for retirement. A charitable remainder annuity trust may offer the solutions you need.

Benefits of a charitable remainder annuity trust:

  • Receive fixed income for life or a term of up to 20 years
  • Avoid capital gains tax on the sale of your appreciated assets
  • Receive an immediate charitable income tax deduction for the charitable remainder portion of your gift

How a charitable remainder annuity trust works:

  1. You transfer cash or assets to fund a charitable remainder annuity trust.
  2. In the case of a trust funded with appreciated assets, the trust will then sell the assets tax-free.
  3. The trust is invested to pay fixed income to you or any other trust beneficiaries you select based on a life, lives or a term of up to 20 years.
  4. You receive an income tax deduction in the year you transfer assets to the trust.
  5. Our organization benefits from what remains in the trust after all the trust payments have been made.

If you are tired of the fluctuating stock market and want to receive fixed payments, a charitable remainder annuity trust may provide you with the stability you desire. A charitable remainder annuity trust pays a fixed amount each year based on the value of the property at the time the trust is funded.

Sale and Unitrust

You give a portion of your property to us to fund a charitable remainder trust, when the property sells you receive cash and income for life. If you sell your appreciated assets, you will pay a large capital gains tax. A sale and charitable remainder unitrust may be the solution to avoid capital gains tax.

Benefits of a sale and unitrust:

  • Receive cash from the sale. You can use this cash to purchase another residence, to save for retirement, to travel, to meet your daily needs or to meet some other financial goal
  • Receive income from the unitrust for the rest of your life and future retirement
  • Obtain an income tax deduction that may reduce your tax bill this year
  • Further the work of our organization with your gift

How a sale and unitrust works:

  1. You establish a charitable remainder unitrust and transfer a portion of your assets to the trust.
  2. The assets are then sold. You receive cash from the sale, and the rest of the sale's proceeds are paid to the charitable unitrust.
  3. The trust will provide you with income for the rest of your life.
  4. You receive a charitable deduction this year to offset your tax on the cash proceeds that you receive from the sale.

When transferring a portion of your primary residence to fund a unitrust, you may apply your one-time home exclusion to reduce or eliminate capital gains tax that would otherwise be due from the sale. Your tax advisor can assist you to determine if you should utilize this strategy.


Gifts that Benefit the ASPEN Rhoads Research Foundation After Your Lifetime

 

Will or Trust

A charitable bequest is one of the easiest and most flexible ways that you can leave a gift that will make a lasting impact. With a bequest, you receive an estate tax charitable deduction, reduce the burden of taxes on your family, and leave a lasting legacy to charity.

With the help of an attorney, you can include language in your will or trust specifying a gift to be made to us as part of your estate plan, or you can make a bequest using a beneficiary designation form.

Here are some of the ways to leave a bequest to us:

Include a bequest to us in your will or revocable trust

Designate us as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)

Name us as a beneficiary of your life insurance policy

A bequest may be made in several ways:

Percentage bequest - make a gift of a percentage of your estate

Specific bequest - make a gift of a specific dollar amount or a specific asset

Residual bequest - make a gift from the balance or residue of your estate

Gifts of Retirement Assets

Donating part or all of your unused retirement assets such as a gift from your IRA, 401(k), 403(b), pension or other tax-deferred plan is an excellent way to make a gift to our organization.
If you are like most people, you probably will not use all of your retirement assets during your lifetime. You can make a gift of your unused retirement assets to help further our mission.

Benefits of gifts of retirement assets:

  • Avoid potential estate tax on retirement assets
  • Your heirs would avoid income tax on any retirement assets funded on a pre-tax basis
  • Receive potential estate tax savings from an estate tax deduction

How to make a gift of retirement assets:

To leave your retirement assets to us, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate us as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.

Beneficiary Designation Gifts

You can designate us as a beneficiary of a retirement, investment or bank account or your life insurance policy. By doing so, you support the causes that you care about, continue to use your account as long as you need to, simplify your planning and avoid expensive legal fees, reduce the burden of taxes on your family, and receive an estate tax charitable deduction.

How a beneficiary designation gift works:

  1. To make your gift, contact the person who helps you with your account or insurance policy, such as your broker, banker or insurance agent.
  2. Ask them to send you a new beneficiary designation form.
  3. Complete the form, sign it and mail it back to your broker, banker or agent.
  4. When you pass away, your account or insurance policy will be paid or transferred to us, consistent with the beneficiary designation.

If you are interested in making a gift but are also concerned about your future needs, keep in mind that beneficiary designation gifts are among the most flexible of all charitable gifts. Even after you complete the beneficiary designation form, you can take distributions or withdrawals from your retirement, investment or bank account and continue to freely use your account. You can also change your mind at any time in the future for any reason, including if you have a loved one who needs your financial help.

Charitable Gift Annuity

You transfer your cash or appreciated property to our organization in exchange for our promise to pay you fixed payments (with rates based on your age) for the rest of your life. With a Charitable Gift Annuity, you rreceive fixed payments to you or another annuitant you designate for life, receive a charitable income tax deduction for the charitable gift portion of the annuity, benefit from payments that may be partially tax-free, and further our charitable work.

How a charitable gift annuity works:

  1. You transfer cash or property to us.
  2. In exchange, we promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even be tax-free.
  3. You will receive a charitable income tax deduction for the gift portion of the annuity.
  4. You also receive satisfaction, knowing that you will be helping further our mission.

If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity.

Charitable Remainder Unitrust

You transfer your cash or appreciated property to fund a charitable remainder unitrust. The trust sells your property tax free and provides you with income for life or a term of years. With a Chaitable Remainders Unitrust you receive income for life, for a term of up to 20 years or life plus a term of up to 20 years, avoid capital gains on the sale of your appreciated assets, receive an immediate charitable income tax deduction for the charitable portion of the trust, and establish a future legacy gift to our organization.

How a charitable remainder unitrust works:

  1. You transfer cash or assets to fund a charitable remainder unitrust.
  2. In the case of a trust funded with appreciated assets, the trust will then sell the assets tax-free.
  3. The trust is invested to pay income to you or any other trust beneficiaries you select based on a life, lives, a term of up to 20 years or a life plus a term of up to 20 years.
  4. You receive an income tax deduction in the year you transfer assets to the trust.
  5. Our organization benefits from what remains in the trust after all the trust payments have been made.
Charitable Remainder Annuity Trust

You transfer your cash or appreciated property to fund a charitable remainder annuity trust. The trust sells your property tax free and provides you with fixed income for life or a term of years. With a Charitable Remainder Annuity Trust, you receive fixed income for life or a term of up to 20 years, avoid capital gains tax on the sale of your appreciated assets, and receive an immediate charitable income tax deduction for the charitable remainder portion of your gift to us.

How a charitable remainder annuity trust works:

  1. You transfer cash or assets to fund a charitable remainder annuity trust.
  2. In the case of a trust funded with appreciated assets, the trust will then sell the assets tax-free.
  3. The trust is invested to pay fixed income to you or any other trust beneficiaries you select based on a life, lives or a term of up to 20 years.
  4. You receive an income tax deduction in the year you transfer assets to the trust.
  5. Our organization benefits from what remains in the trust after all the trust payments have been made.

If you are tired of the fluctuating stock market and want to receive fixed payments, a charitable remainder annuity trust may provide you with the stability you desire. A charitable remainder annuity trust pays a fixed amount each year based on the value of the property at the time the trust is funded.

Charitable Lead Trust

You fund a trust that makes gifts to us for a number of years. Your family receives the trust remainder at substantial tax savings. With a Charitable Lead Trust you receive a gift or estate tax charitable deduction, pass inheritance on to family at a reduced or zero cost, and establish a vehicle from which you can make annual gifts to charity.

How a charitable lead trust works:

  1. You make a contribution of your property to fund a trust that pays us income for a number of years.
  2. You receive a gift or estate tax deduction at the time of your gift.
  3. After a period of time, your family receives the trust assets plus any additional growth in value.