Financial donations & Planned Giving
It is more often the case that we wish to help but have no idea the many ways that we can benefit our communities and charitable programs financially or otherwise.
When you choose the Solidary Foundation you can be assured that your gift will benefit those in need and help the Charities and charitable programs we support, enhance these programs, and substantially increase resources of many charitable causes needed to support our communities.
There are many ways to help.
The following is just a brief summary of the many ways you can help.
1.- Cash donations over $500.00.
2.- Stocks & bonds.
4.- Memorial donations.
5.- Charitable bequest.
6.- Revocable living trusts.
7.- Charitable remainder unitrust.
8.- Charitable lead trust.
9.- Life estate arrangement.
10.- Life insurance gifts.
11.- Charitable remainder annuity trust.
12.- Planned giving.
1. Cash donations over $500.00.
A. If you plan to make a contribution of cash, stocks and bonds, or other significant assets or would like to include Solidary Foundation in your estate, we request that you call us at your convenience.
A. A gift to Solidary Foundation is a very satisfying way to recognize the celebration of a birthday, anniversary or other special occasion - particularly for those that "have everything". Upon receipt of your donation, we'll send a card to your friend or relative acknowledging your gift on their behalf, and provide you with a receipt for tax purposes.
4. Memorial donations.
A. Consider honoring the memory of a friend or relative by making a contribution to Solidary Foundation in the form of a memorial gift. More and more individuals ask that friends and relatives make a contribution to a charitable organization such as Solidary Foundation that the deceased has supported during his or her lifetime instead of sending flowers. Examples of memorial gifts are endless - many organizations can attribute buildings, equipment, endowment funds, and a multitude of services to gifts made in memory of loved ones. We will be glad to assist you in choosing an appropriate commemoration for our gift in honor of someone special to you.
5. Charitable bequest.
A. With your attorney, you revise your will or add an amendment to make a gift of a dollar amount, specific property, a percentage of your estate, or what is left after your beneficiaries have been cared for.
6. Revocable living trusts.
A. If you have established a revocable living trust to pass your property to loved ones while minimizing probate costs, you can also provide that at the termination of your trust a portion of the assets in the trust be used for charitable purposes that you designate.
7. Charitable remainder unitrust.
A. This allows you to have income from your property for life or for a specified period, but your income will increase or decrease with the value of your assets. You determine the set percentage to go to the charity at the time the unitrust is set up.
8. Charitable lead trust.
A. This transfers the specified assets to a trust that pays income to a charity for a specified number of years. At the end of the trust, the assets are returned to you or your beneficiaries.
9. Life estate arrangement.
A. This allows you to make a gift of your home to a charitable organization now but retain the security of knowing you may live there as long as you wish. There are also annual tax benefits to this arrangement. You continue to take care of the property, pay the taxes, and receive any income it generates. When you are deceased, the property legally becomes the responsibility of the charity and does not pass through your estate.
10. Life insurance gifts.
A.Â A simple way to make a significant gift in the future is to name a charitable beneficiary to receive all or a portion of the proceeds of a policy no longer needed for its original purpose. Another way is to purchase a new policy naming the charity as a beneficiary or co-beneficiary.
11. Charitable remainder annuity trust.
A.Â This allows you to retain a set amount of income from your property for life or for a specified period. Your funds are held separately and invested for payment of a fixed and regular income for you. When the trust ends, whatever remains in the trust is distributed for the charitable purposes you specify.
12. Planned giving.
A.Â Sound financial planning may allow you to include charitable giving in your long-range plans without sacrificing your economic security. With the assistance of your financial planner, tax advisor, and Solidary Foundation, your charitable gift may enable you to:
Â a) Enjoy welcome tax savings.
Â b)Â Add to your retirement income.
Â c) Manage your assets for a surviving spouse or other loved ones.
Â d) Feel good about benefiting worthy and charitable causes in your community and helping those in need.
Â e) The donation procedure is quick, simple and with no hassles (We handle everything for you).
These are just a few of the benefits you will receive by supporting the charitable causes and benevolent programs made available through Solidary Foundation and their charitable partners.
We would be happy to discuss Endowments, Charitable Bequests, Charitable Remainder Trusts, and many other ways that a donation to Solidary Foundation could enhance your financial plans today and for the future. We have listed above some possibilities for you to consider. We suggest that you speak with your financial planner, and tax advisor for more details on the benefits that you will gain by using one of these vehicles to donate to Solidary Foundation.
Remember, it's always better to give than receive. The glory and most important benefit of charitable donations is that you give and receive at the same time. Increase cash flow from low-yielding investments or other property that has appreciated in value.