There are several ways in which you can
help to financially support the Mission of North Coast Cancer Foundation.
There are two general types of monetary giving, which are:
Unrestricted Gifts
Gifts given with no stated purpose are always encouraged. Without
restrictions on application, North Coast Cancer Foundation is able
to use the funds to meet emergency needs or take advantage of special
opportunities. Unrestricted gifts are used according to the priorities
determined by the Foundation directors.
Designated Gifts
You may give funds that you designate toward the support of a specific
program or function. For example, you may make a donation you restrict
to the construction or maintenance of our Healing Garden. Restricted
funds are held for use on an as-needed basis in connection with the
donors' request(s).
Either Unrestricted or Designated Gifts may be given to North Coast
Cancer Foundation in a variety of different ways, including:
Outright Gifts
You may give cash (the most direct type of charitable
gift) via your check, a money order, or your VISA,
MasterCard, or Discover card. You may also consider:
Securities: You may make gifts of stocks, mutual funds, and/or
bonds. As an added incentive, if you give
appreciated securities, you will avoid capital gains taxes on the
appreciation. Contact us for more information concerning the transfer
of securities.
Closely Held Stock in Business or Partnership
or LLC Interests: By gifting appreciated properties, you may
reduce capital gains taxes even as you become eligible for charitable
income tax deductions.
Real Estate: Real property may be gifted. The value of such gifts
is considered to be the fair market value
of the property (to be determined by a qualified appraisal), and
is subject to Internal Revenue Service rules and regulations. Donors
of real property avoid capital gains taxes on the sale.
Matching Gifts: Many companies offer their employees matching funds
for charitable donations. If your
company is one of them, you may double or even triple the value of
your gift.
Planned Gifts
This type of giving typically allows donors to make significant
gifts, usually at the time of the donor's death. Such gifts
can offer tax advantages and other finaicial benefits; if you are
considering this kind of gift, we recommend you consult with a qualified
adviser as to the specific tax consequences for you and/or your estate.
Among the options for planned gifts are:
Bequests: You may give a specific amount or
percentage of your estate to North Coast Cancer Foundation via
your Will.
Charitable Remainder Trust: This is a trust set up to offer income
to you (or your beneficiaries) either for life
or for a set term of years after which the remainder is left to North
Coast Cancer Foundation.
Charitable
Gift Annuities: In this instance, a donor transfers
a gift (cash or securities) to North Coast
Cancer Foundation and the Foundation guarantees to pay a certain
fixed income to the donor and/or a
beneficiary for life. After the contract is fulfilled, the balance
is left to North Coast Cancer Foundation.
Life Insurance Policies: You may make North Coast Cancer Foundation
a beneficiary of a life insurance
policy.
IRAs and Other Retirement Plans: You may name North Coast Cancer
Foundation as the beneficiary. By
doing so, you not only assist the Foundation in its Mission, but
you avoid the estate and income tax
consequences of these assets.
To discuss these and other options for giving to North Coast Cancer
Foundation, please contact us. For legal
advice and estate-planning recommendations, please consult a tax
attorney or other qualified financial adviser.
Disclaimer: Any information shared on the North
Coast Cancer Foundation website does not constitute financial advice.
The website is intended to provide general information only and
does not attempt to give you advice that relates to your specific
circumstances. You are advised to discuss your specific requirements
with an independent financial or tax advisor. |