Ways to Give
Our mission is to support people with intellectual and developmental disabilities. In order to get us there we need your support. Here are some of the different ways that you can help to further our mission. If you have questions about any of these please give us a call.
Different Types of Gifts
Investments (Stocks, mutual funds, etc.)
o Non-qualified (savings and investments outside of retirement accounts)
o Qualified (retirement account type assets)
Life Insurance (typically permanent insurance)
o Real estate (home, farm, land)
Different Ways to Gift
Write a check
Community Foundations (19 in Nebraska alone)
o Donor Advised Fund (DAF) – charitable donation (for tax purposes) occurs when DAF receives funds. Gifts to the ARC can then occur each year or other frequency you choose. Many have no minimum to open.
o Charitable Gift Annuity (typically starting at $25k) – donor receives immediate income, income for life, all while benefiting the ARC.
Life Insurance – often, ARC members have a life insurance policy that is paid up or they no longer have a need for. They can designate The ARC as the beneficiary.
Non-qualified assets donated at full market value (FMV)
Say you purchased 50 shares of Starbucks stock at $10/share many years
ago, your initial outlay was $500.
Over the years the value has increased to $100/share, bringing your value today up to $5,000 for your 50 shares.
Knowing if you use these shares for routine expenses this year you would incur capital gains tax of approximately $675* when filing your income taxes, you instead donate the 50 shares to the ARC. You receive a $5,000 charitable deduction; the ARC receives a $5,000 gift; and no one pays any income tax!
* Assuming 15% capital gains tax
• Retirement assets (such as IRAs)
Many of our members will never exhaust their IRAs over the course of their lives. Most designate family members (spouse, children, grandchildren, etc.) as their beneficiary. Thinking of widows/widowers, many without children, whose lives have been touched by the ARC. The ARC could be their beneficiary.
When members reach age 70 1⁄2 they must begin withdrawing from these accounts via their Required Minimum Distributions (RMDs). For many, they would rather not have to withdraw these amounts and incur the corresponding income tax (and possibly higher Medicare premiums) on the amount withdrawn. An alternative is for them to do a Qualified Charitable Deduction (QCD) in which they direct the RMD amount directly to the ARC. No income tax is due on the amount and the ARC benefits via 100% of the gift. Members are allowed a QCD of up to $100k/individual/year.