|
|
|||
|
Be Part of
|
Gift Types
Your Gift Today The majority of people choose to offer an immediate gift to Pine Haven in the form of cash, stock, or property. Your donation can be sent to the foundation office at 531 Giddings Avenue, Sheboygan Falls, WI 53085 or made easily with the link on this site. For online contributions you can choose to have the amount deducted annually, semiannually, quarterly, or monthly. Please keep in mind that donations we receive through a credit or debit program do result in a fee for us so using check or cash means a larger direct donation to Pine Haven.
One of the more common contributions is with cash, check, or an electronic fund transfer (EFT). Annual gifts of $100 or greater are recognized by you or your organization being named to the Pine Haven Guardian Club. Appreciated Stock or Mutual Funds This type of donation has an additional benefit of tax savings through a charitable income tax deduction and makes it an attractive gift option for donors. We have developed a simplified transfer process that our foundation staff can go over with you. For example - if you purchased stock years ago for $1,000 and today it is worth $10,000, an outright gift of the stock to Pine Haven would mean a charitable contribution deduction of $10,000 for you. And, there is no capital gains tax on the $9,000 of appreciation. Property
Your Gift Tomorrow
Please notify us when you include Pine Haven in your estate planning so we can properly recognize your future contribution in an immediate manner. Bequest
Beneficiary Designation Utilizing life insurance, a retirement plan, or other assets to name Pine Haven as a beneficiary is a gratifying way to make a future contribution. Charitable Remainder Trust There is a dual benefit to this gift option — you have income for a designated term of years or throughout your entire lifetime and then the balance of the trust is transferred to Pine Haven and helps others far into the future. For example - Say that you are age 75 and had purchased stock years ago for $10,000 and today it is worth $100,000. But, you only receive $2,000 per year in dividends, or a 2% yield. By transferring the stock to a charitable remainder trust and specifying that you want a 6% return for life you could: triple your annual income (from $2,000 to $6,000); avoid the capital gains taxes that would be incurred on the stock sale; and be entitled to a charitable contribution deduction of about $55,000 (the actual deduction amount depends on your age, the rate of return specified in the trust, size of the gift, and other factors). Charitable Lead Trust Often viewed as the opposite of a charitable remainder trust, this vehicle allows you to donate the earnings on specified investments to Pine Haven for a period of years, with the principal and any growth it has realized then reverting back to you or your heirs. The benefits to you include the reduction or elimination of the transfer taxes (estate and/or gift taxes) and the ability to make a current gift. For example - You contribute $1 million to a 20-year charitable lead annuity trust to benefit Pine Haven Christian Home. The trust agreement states that Pine Haven receive $70,000 annually. At the end of the 20-year term, you or your heir, receive the trust principal. For gift tax purposes, only the remainder interest (what the IRS estimates the value of the trust principal will be at the end of the trust period) is subject to tax. In this case, Treasury tables project the value of the remainder to be $222,540. The trust principal, however, actually grows to $2,597,230 (assuming a 3% annual net return), and this is what you or your heir receives.
|
||
|
For more information
Contact Us *
Privacy Practices Designed & Managed by Navis Technology Solutions webmaster@navistechsolutions.com
|
|||
Thank you for past support, and, in advance, for your continued help. We
pledge to never sell or share our donor information.
Cash,
Check, or EFT
The
gift of land or other property, while a less traditional means of giving,
may offer tax and estate planning benefits for you and provide a substantial
form of assistance to the foundation. Please contact our foundation director
to review the arrangements necessary to make the transaction possible.
Also
called planned giving, these gifts may benefit residents ten, twenty, even
fifty years from today. Through planned or deferred giving you can leave a
lasting mark on the history of Pine Haven. Once you have set aside assets to
care for your needs or those of your immediate family you may desire to
utilize this type of giving. Should you choose to include Pine Haven in your
estate plan you will become a member of the Pine Haven Legacy Circle. Since
these types of gifts require advance planning, please call our foundation
office at 467-2401, ext. 151 and we’ll arrange a meeting with you. 
If
you value and admire the work we do, then adding Pine Haven to your will or
trust is a thoughtful way to be remembered. We have helpful information
including sample bequest language to share with your legal counsel on the
optimum way to do this.
