If you have stocks, bonds, of mutual funds that you have owned for more than one year and that have increased in value since their time of purchase, you may find it advantageous to give them to the Boys & Girls Club of Mercer County. Your outright gift of long-term, appreciated securities is exempt from capital gains taxes and, if you itemize, you may claim a charitable income tax deduction equal to the full fair market value of the property at the time of transfer. Click here to donate gifts of stock.
This is one of the simplest ways to make a planned gift because you can designate a specific amount or percentage of your estate that might include securities, jewelry, works of art, and real estate. You also can make the Boys & Girls Club of Mercer County the beneficiary of a 401K, IRA, pension fund, other retirement plan or life insurance policy. Naming the Club as partial or full beneficiary of your retirement plan can result in income and estate tax savings.
Become a Member of The Heritage Club. Join a group of committed individuals and couples who are creating opportunities for future generations. Click here to download a confidential Heritage Club enrollment form.
If you already have named the Boys & Girls Club of Mercer County as a beneficiary in your estate plan, we hope you will let us know so that we can properly thank you and, if you permit, recognize your intention.
In making a planned gift, you can ensure the Boys & Girls Club of Mercer County will continue to offer outstanding, award-winning programs. Our Boys & Girls Club is a 75-year-old organization with a bright future. Making a planned gift is a sound investment for our kids and may offer these benefits for you:
• Potentially increases your income
• Enables a way of satisfying your personal and financial goals
• Provides substantial tax benefits
Please visit www.clubgift.org (through Boys & Girls Clubs of America) for detailed information on types of planned gifts – including language for making codicils in your will to gift illustrations. We recommend that you seek the advice of your tax and/or legal counsel before making a planned gift to ensure that you are receiving optimal benefits from this provision.
For more information, contact Kelly Watts, Sr. Director of Development and Marketing at 609-392-3191 ext. 127.