Providing
Healthcare in the Farmington Valley Since 1908...
Outright:
Cash, Securities, Real Estate, Life Insurance and Tangible Personal
Property can all be used to make a charitable contribution in support
of the Farmington Valley Visiting Nurse Association.
Depending on the asset given, a donor can generally expect to obtain
many benefits from giving a gift such as fulfilling philanthropic
goals, reducing income tax through a charitable deduction, and in
some instances avoiding capital gains.
Planned Gifts:
Planned giving refers to the process of making a charitable gift of assets to one or more nonprofit organizations that requires thoughtful planning in light of the donor's philanthropic goals as well as his/her overall financial and estate saving plan.
Appreciated Securities:
These are popular charitable gift alternatives to cash. In addition
to receiving an income-tax charitable deduction, the donor escapes
potential tax on the capital gain element in the gifted securities.
Who Should Consider a Planned Gift?
Any friend of the Farmington Valley Visiting Nurse Association
who wants to: protect their assets; possibly receive income while
making a tax advantageous gift; and support the Farmington Valley
Visiting Nurse Association's programs.
Benefits
- Experience
the power of giving: Your gift will have a significant impact
on the future of your community
- Reduce
income tax through a charitable income tax deduction for the
gift
- Avoid capital
gains tax on a gift of appreciated property
- Depending
on the type of gift, retain income for life for yourself or
a beneficiary
- Eliminate
federal estate tax on property passing to the Farmington Valley
Visiting Nurse Association at death
- Recognition
for your support
Types
of Planned Gifts
- Wills and Living Trusts-the most
basic planned gift with great impact is a bequest
- Charitable Gift
Annuity-a simple way to give while retaining income for life
- Charitable Trusts-protect
your assets, provide for your heirs and for your favorite cause
- Insurance-a widely
used financial planning tool for gift planning
To explore what tools
might work best in your particular situation to benefit you and
the Farmington Valley Visiting Nurse Association, please call Incy
S. Muir, Executive Director at 860-651-3539.
DONATE ONLINE:
Your donation makes a positive difference! With your help we can
sustain and strengthen our tradition of caring service. |
