outright gifts

charitable gifts

The 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 – For some, the preferred way to support Sitrin is a simple cash gift. Gifts can be made with a check or credit card. All gifts are tax deductible and deeply appreciated.

Securities – 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.

Real Estate – A gift of real estate that has been held fore 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. You may transfer commercial property, a residence, or other real estate holdings to Sitrin.

Vehicle - Donate your car, boat, truck, RV, jet ski or snowmobile to the Sitrin Foundation and receive a tax deduction. Contact Donation Line, LLC at 1-877-227-7487. You must request extension 1664.

Matching gifts – Your company  may double your contribution to Sitrin.

To make a gift or inquire about our giving programs, contact Rosemary Bonacci, Vice President of Development and Communications, at (315) 797-3114, ext. 416 or 1-888-578-8807, ext. 416.

Top