The national United Way organization has a program called 'United eWay' that allows you to donate to your local United Way online through a form on their website. By clicking on the button above, your donation will be sent to the Finney County United Way!
As you contemplate your charitable plans, the first decision you should make is: Should you give more now, or should you wait? Deferred giving, such as a bequest or charitable trust, allows a donor immediate tax and estate planning benefits but delays the actual gift to United Way until after the donor dies. Thus the donor never sees the good works made possible by the gift. A deferred gift is a smart choice for donors who need the ongoing income from those assets or trusts. If that's not your situation, consider the benefits of greater giving now. With smart planning you can make a larger gift now and see the impact of your gift during your lifetime.
A gift of long-term appreciated assets, such as stocks or real estate, allows you to make a sizable current gift to United Way with substantial immediate tax benefits. You have the advantage of being able to see the results generated from your gift, and UW has the advantage of being able to personally recognize and thank you for your generosity.
Tax-wise giving lowers the actual cost of the gift. You avoid the capital gains tax you would have paid if you had sold the appreciated asset, and you get a charitable income tax deduction for the fair market value of the gift. If you cannot use all of your deduction in the year of the gift due to charitable contribution limitations, it can be carried forward for up to five years.
Please call Monica Estabrooke at 800-892-2757,ext 421, or e-mail us at monica.estabrooke@uwa.unitedway.org, for more information.
The information on this site is not intended as legal, tax or investment advice. For such advice, please consult an attorney, tax professional or investment professional.
Copyright © The Stelter Company, All rights reserved.