Ways to Give
The Price Center relies on the generosity of its benefactors to support its programs. Every gift helps transform the lives of the disabled clients we serve. There are many ways to make an impact and to make a gift. Find out how you can help sustain and support our Community of Possibility at The Price Center.
Cash. Maximize your charitable deduction and deliver immediate benefits to The Price Center. You may write a check, use a credit card or wire transfer your gift.
Appreciated Securities or Mutual Fund Shares. When you donate an appreciated security that you have owned for more than one year, you receive a charitable income tax deduction for its full market value and avoid paying capital gains tax on the increase in value of the stock since you purchased it. If you are interested in making a gift of stock or mutual funds, please contact the development office and we will assist you in this transaction and answer any questions you may have.
Real Estate. Make a significant gift to The Price Center through a transfer of residential, commercial or undeveloped real estate. Your residence, vacation home, farm, acreage, or vacant lot may have appreciated in value over the years and selling it outright could result in a sizeable capital gains tax. By giving such property to The Price Center you can support your interests and benefit from considerable tax savings.
Matching Gifts. Many corporations and businesses now have programs to match employee gifts of cash or stock either in whole or in part. In some cases, gifts from spouses, directors and retired employees will be matched. We urge you to explore this possibility and to forward your company’s matching gift form with your own contribution.
Bequests. Give to The Price Center without affecting your cashflow during your lifetime. When The Price Center receives your gift, it is applied to the purpose(s) you specify.
Gifts of Retirement Plans. Retirement savings are potentially the most tax-burdened assets that one may own, often subject to both income and estate tax. The balance of your retirement plan may be worth more when donated to The Price Center than to your heirs. You name The Price Center as a beneficiary of your IRA, 401(k) or other qualified plan. After your lifetime, the residue of your plan passes to The Price Center tax-free.
New Policy. You can fund a future gift from your income instead of capital by naming The Price Center as owner and beneficiary of a policy insuring your life. Your gifts offsetting our premium payments are fully deductible.
Paid-Up Policy. Transfer ownership of a paid-up life insurance policy whose coverage you no longer need. The Price Center cashes is now or maintains it and receives the death benefit later.
Gifts in Partnership with The Price Center
Charitable Gift Annuity. Receive a fixed payout and significant tax benefits. With a charitable gift annuity, you can transfer assets to The Price Center now and receive an income for life. This is a simple contract between the donor and The Price Center that pays a guaranteed fixed sum each year for the life of one or more beneficiaries. The donor must be 60 years of age or older. The minimum amount to establish a charitable gift annuity is $5,000.
Deferred Charitable Gift Annuity. Donors younger than 60 years may establish this type of annuity whereby they build retirement earnings for the future at the same time that they ensure support for The Price Center. The longer you defer payments, the higher the effective rate you will receive.
A Charitable Remainder Trust. Through a charitable remainder trust, you can transfer assets to a trust that provides an income stream to you and/or your beneficiaries for life or a set number of years (no more than 20 years). The assets remaining after the trust ends will be distributed to one or more charities of your choice.
A Charitable Lead Trust. Discover an innovative way to pass appreciating assets on to family members while making gifts in the interim. This is essentially a charitable remainder trust in reverse—it pays income to the charities you choose for a designated period of time or life expectancy and then passes the remaining assets back to the donor or beneficiaries after the time lapses.
Retained Life Estate. Receive a large deduction by donating a residence while retaining the right to live there for life.
Consult your tax advisor for the tax benefits to you.
For more information contact us at email@example.com or 617-244-0065.