2050 Tilden Avenue, New Hartford, NY 13413 | Phone 315 797-3114 | Toll-Free 1 888 578-8807
2050 Tilden Avenue, New Hartford, NY 13413 | Phone 315 797-3114 | Toll-Free 1 888 578-8807
The Internal Revenue Service (IRS) has authorized several ways in which people can make charitable gifts. These can be given outright during your lifetime, providing you tax advantages through the charitable donations tax deduction and elimination of capital gains taxes. Or, they may be left as part of your estate via instructions in a will or trust, possibly offering estate tax deductions.
Cash contribution – Gifts of cash, or those made with a check or credit card provides immediate support to Sitrin.
Securities and stocks – Stocks, bonds, and mutual funds can be the most valuable assets you own. If you have owned securities for more than one year and the fair market value has increased since you purchased them, you can avoid capital gains tax and receive a charitable income tax deduction equal to the fair market value. Enjoy the tax benefits of giving Sitrin appreciated securities, mutual fund shares, and other types of property.
Real Estate – Transfer commercial property, a residence, or other real estate holdings to Sitrin. A gift of real estate that has been held for more than a year also has the advantage of providing you with a charitable deduction based on the current fair market value, as well as bypassing capital gains tax on the appreciation.
Matching Gifts - Your company may equal your contribution to Sitrin if it has a Matching Gifts Program.
Tribute Gifts – Make a donation in honor or in memory of someone special.
