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| Benefits of Giving |
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The Donor Benefits of Charitable Giving
- Reduce Your Taxes
If you itemize your deductions, charitable gifts at year-end can result in tax savings next spring. Your individual tax rate determines how much you will save, but generally, the higher your rate, the more you save from each dollar donated. Check with your tax advisor to maximize your benefit.
- Gifts of Assets Reduce the Cost of Giving
In addition to the savings available through a charitable tax deduction, gifts of appreciated assets (stocks, bonds, mutual funds) that you have owned for at least one year affords you the opportunity to bypass capital gains taxes that would normally be due the IRS if you sold the assets.
Special rules apply to certain types of non-cash gifts such as real estate and tangible personal property (art, jewelry, etc.). Check with your tax advisor for details.
- Plan Now…Give Later
Remember ANGEL HARVEST in your Will. It's easy, convenient, and constitutes a meaningful legacy. A Will ensures that your wishes are carried out and prevents the state from making decisions that may be contrary to your wants and needs. Consult your attorney for assistance.
- Double Your Gift
A company that has a matching gifts program may employ you or your spouse. Check with the company's Human Resources Office for the appropriate forms.
You Decide How Your Gift Will Be Used
There are two types of gifts, the restricted gift and the unrestricted gift. The unrestricted gift allows ANGEL HARVEST to decide which project would most benefit from your generosity. The restricted gift is where the donor directs their contribution to benefit a specific project, the purchase of a piece of equipment, outreach project or endowment.
Recognition
ANGEL HARVEST donors are valued and appreciated. There are various recognition vehicles depending on the size of your gift and its area of designation.
All gifts (with the permission of the donor) of $100 or more are recognized in ANGEL HARVEST's Annual Report published each April and distributed online.
The Annual Appeal
In November and December of each year, ANGEL HARVEST conducts its direct mail Annual Appeal. The community at large is asked to support ANGEL HARVEST with either a general or designated gift.
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