Disclaimer – Tax laws are constantly evolving, and there are many tax-advantaged ways to donate to 501(c)(3) charitable nonprofits. Children’s H.E.L.P. does not engage in giving legal or tax advice. To learn about tax-deductions and other tax-advantaged strategies and to determine if any are right for your situation, consult with your attorney, accountant or certified tax planning specialist.
Ways to CONTRIBUTE TODAY…
CA Franchise Tax Board
Code Section: 23701d
Form of Organization: Corporation
Accounting Period Ending: December 31
Organization Number: 2157815
U.S. Dept. of Treasury
IRS Class: 501(c)(3)
Central Contractor Registration (CCR)
CCR Cage: 6QUV4
SBA ID: P1649029
NAICS Code: 813211 Grantmaking Foundations
U.S. Dept. of H.U.D.
Payee: Children’s H.E.L.P. – WF Acct # 5205632663
Memo: “General Fund,” (or specify purpose)
Mail to: Children’s H.E.L.P.
31103 Rancho Viejo Rd. #2328
San Juan Capistrano, CA 92675 USA
Bank-to-Bank Transfer (for your Banker)
SWIFT Code: WFBIUS6S
Bank Name: Wells Fargo Bank, N.A.
Bank Address: 420 Montgomery Street
San Francisco, CA 94104
Routing #: 121000248
Beneficiary name: Children’s H.E.L.P.
Beneficiary account #: 5205632663
Local WF Branch: Wells Fargo Bank
32331 Golden Lantern
Laguna Niguel, CA 92677
Tel: (949) 940-0709
Fax: (949) 498-1216
A gift in-kind is a non-cash tangible gift, or a gift of service. Key is that the donated non-cash tangible gift or service must have a function consistent with the mission of Children’s H.E.L.P. (Refer to Mission Statement.)
Examples of in-kind gifts of “Service” include such things as legal services donated by a lawyer, tax-preparation services donated by an accountant, meals donated by the owner of a restaurant, medical consultations and vaccinations donated by a doctor, and vehicle repair services donated by a mechanic or car dealership.
Tangible Personal Property
In-kind gifts of tangible personal property include such things as real estate, medicines, medical equipment and supplies, educational materials such as textbooks and backpacks, personal hygiene kits, emergency first aid kits, flashlights, blankets, water purification equipment, all kinds of sports gear, computers and printers, paper and ink supplies, mailbox rent, moving and storage, printed media and other promotional materials.
NOTE – Check with your tax authority for the latest information.
Provided you have owned the gift-property for more than one year, you may deduct the fair market value of gifts of tangible personal property that has a function consistent with the mission of Children’s H.E.L.P. – securities, and/or real property – for up to 30 percent of your adjusted gross income in any given year.
If you have owned the property for one year or less, or if tangible personal property cannot be used to further Children’s H.E.L.P.’s mission, then you may deduct only your cost basis in the property – but you may do so up to the 50 percent limitation.
Artwork and Collectibles
Consult your financial planner or tax advisor to determine the potential tax-advantages for your specific situation.
If you would consider making an in-kind donation today, please call us at (909)-702-3220 or e-mail us at: firstname.lastname@example.org
STOCKS, MUTUAL FUNDS, BONDS
Advantages of Donating Stocks, Mutual Funds and Bonds:
Many donors choose to make gifts to Children’s H.E.L.P. using long-term appreciated stocks and mutual funds due to the attractive tax advantages associated with such gifts.
The benefits available to you when making a contribution of stock or mutual funds may include:
- Avoiding federal and state tax on the capital gain;
- Receiving an income tax deduction (federal and most states) for the full market value of the gift if you itemize deductions on your tax return and have held the assets one year or longer.
For more information on these types of gifts or other giving opportunities, please email us at email@example.com.
Making a larger gift at a lower original cost to you.
NOTE – TAX LAWS ARE SCHEDULED TO CHANGE. Consult your financial planner or tax advisor to determine the potential tax-advantages for your specific situation.
Here’s some examples:
If you purchased stock for $1,500 several years ago that’s now worth $5,000, and you sold it for a capital gain of $3,500, you could donate it to Children’s H.E.L.P., who could then, according to the Tax Code be permitted (as a “Section 501(c)(3)” charitable institution) to sell the stock without having to recognize the capital gain.
If you donate the stock directly to Children’s H.E.L.P., you will avoid paying federal capital gains tax of $525 ($3,500 x 15% = $525). And let’s assume you live in one of the states that also taxes capital gains. Assuming a 5 percent state capital gains tax rate*, you would avoid an additional $175 ($3,500 x 5 percent = $175) in taxes. This results in a total capital gains tax savings of $700.
And, let’s further assume you fall in the 28 percent federal income tax bracket. By itemizing your deductions, you are eligible to take a $5,000 charitable income tax deduction that saves you an additional $1,400 ($5,000 x 28 percent = $1,400) of federal income tax for the tax year you made the gift. And, if your state allows you to deduct charitable gifts, you can also save on your state income tax. Assuming a 5 percent state income tax rate, this results in an additional savings of $250 ($5,000 x 5 percent = $250) for you.
In this hypothetical example, by making a stock or mutual fund donation, you are able to make a $5,000 gift that generates a total tax savings of $2,350. A direct contribution of $5,000 in cash would generate an income tax saving of $1,650. And if you were to sell the securities first and then donate what’s left after paying taxes, you would only be able to donate $4,300 ($5000 less $525 + $175), which would generate income tax savings of $1,419 ($1,204 + $215).
Donating long-term appreciated securities is clearly the tax-efficient way.
The table below summarizes the example:
**Will vary depending on your State.
Important facts to remember:
- You must itemize your tax return in order to deduct a charitable donation.
- You must have owned the securities for at least one year before donating them or you will be limited to a deduction of your original purchase cost of the securities.
- You may take a deduction valued up to 30 percent of your adjusted gross income. If the deduction is greater than 30 percent, you may carry any unused deduction forward for up to five years into the future until it has been fully used.
NOTE – To transfer Stock or Mutual Funds to Children’s H.E.L.P. , contact your stock broker or financial consultant and have him/her contact Dr. Tim James by email at firstname.lastname@example.org to arrange a phone conversation and further instructions.
Does doubling, tripling or even quadrupling the impact of your donation to Children’s H.E.L.P. — at no cost to you — sound appealing? The Children’s H.E.L.P.’s Matching Gift Program is a great way to do just that! If your employer participates in a matching gift program, your company will match the contributions that you donate to a charitable organization. Here’s how it works:
1. Once you have made a donation to Children’s H.E.L.P., either through a one time gift, monthly automatic payroll deduction, or sponsorship payment, contact your Human Resources Department & inquire if they have a Matching Gift Program. If they do, they should have a simple form for you to fill out, which will get the ball rolling.
2. Mail or e-mail your completed form to:
Attn: Matching Gifts Coordinator
31103 Rancho Viejo Rd. #2328
San Juan Capistrano, CA 92675
3. Once received, Children’s H.E.L.P. will alert your company of your generosity, triggering their matching gift to be sent directly to Children’s H.E.L.P.
Each company has its own guidelines, so be sure to contact your Human Resource Department for details on your company’s program.
If your company is not currently involved in a matching gift program, you may want to suggest that they look into it. Matching employee contributions is a terrific way for a company to support their employees!
Ways to Contribute Later…
Today it is important that we build resources that will assure the sustained vitality of Children’s H.E.L.P.’s work in the United States and around the world. Establishing a planned gift today will enable Children’s H.E.L.P. to provide critical services to children living in poverty for generations to come.
Planned giving options can easily integrate a charitable gift into a donor’s overall financial, tax and estate planning objectives. Making a gift using one of these plans can maximize benefits to both the donor and Children’s H.E.L.P. Planned gifts typically come from a donor’s assets rather than income, and these gifts can be either outright or deferred.
It is highly recommended that donors consult with their own tax or legal advisors prior to making a planned gift. If you don’t have a financial planner or tax advisor, contact us and we may be able to help refer you to one.
Planned Giving – Deferred Gifts
Life income gifts such as gift annuities, pooled income fund gifts, and charitable remainder trusts provide the donor with a charitable deduction in the year in which the gift is made to Children’s H.E.L.P. The deduction is calculated using U.S. treasury tables and gender-neutral life-expectancy tables. The deduction generally represents the present value of the gift portion of the amount being given to Children’s H.E.L.P. The charitable deduction will vary from gift to gift based on the ages of the beneficiaries, the rate of income being paid back to the donors, and the type of gift vehicle used.
A. Estate Gifts
B. Gifts in Partnership with Children’s H.E.L.P.
Pooled Income Fund
This works like a charitable mutual fund. You can give Children’s H.E.L.P. cash or securities, receive an income tax deduction and avoid capital gains tax on the transfer, secure lifetime income, and deliver significant support to us.
Charitable Gift Annuities
The simplest life-income gift also delivers the highest annual payments and significant tax benefits for you. Children’s H.E.L.P. pays you an annuity; you receive an income tax deduction; avoid upfront capital gains tax on your gift transfer to Children’s H.E.L.P., and pay no income tax on part of our payments to you.
Deferred Gift Annuities
This is a life-income gift designed to build younger donors’ retirement earnings. Deferring the start of your annuity until retirement or later gives you a large income tax deduction now and an additional source of income when you need it later.
Charitable Remainder Unitrusts
This powerful life-income gift is the most creative planning tool for donors. The unitrust pays you a fixed percentage of principal and reinvests excess income. You have flexibility in determining who will manage the unitrust, the length of the income payout and the number of income beneficiaries, and which assets will be placed into the trust.
Charitable Remainder Annuity Trusts
You can combine flexible management of your gift with a predictable fixed-income payout. The annuity trust is individually managed, and can pay fixed income for life or a term of years to multiple beneficiaries.
Charitable Lead Trusts
These gifts reduce the cost of transferring assets to your heirs –while delivering immediate benefits to us. The lead trust holds appreciating assets for a term and pays us income, then passes the principal to your survivors. This gift plan freezes the taxable value of appreciating assets, then delivers a further reduction with the present value of its income payments to us.
Retained Life Estates
You can give Children’s H.E.L.P. your house and continue to live there rent-free.
Charitable Bargain Sales
This part-gift/part-sale transaction gives you a charitable deduction plus cash to purchase other property.
Donor Advised Fund
A gift plan that combines and simplifies the administration of all your charitable giving. Here’s how to set up a single gift fund that makes charitable grants to Children’s H.E.L.P. and to other charities, without the legal and tax complexities of a private foundation, or the expenses of a commercial gift fund.
For more information on these types of gifts or other giving opportunities, please email us at: email@example.com