Details on Planned Giving
What is the easiest, most popular way to benefit yourself and your favorite charity? The answer is an outright gift. When you itemize deductions on your income tax return, your charitable gift provides an immediate, tax-saving charitable deduction, and your prompt action allows us to meet our pressing needs. The date of your gift determines valuation and year of deduction. Keep in mind these other simple rules when considering an outright gift to us.
Gift of cash: Your cash donation is deductible up to 50% of your adjusted gross income. Any excess is deductible in the subsequent five years. If sending by mail, the postmark date is the delivery date.
Gifts of Securities: Gifts of stock or other securities held long term (more than a year) are deductible at full, present fair market value, with no tax on the appreciation. You can deduct up to 30% of your adjusted gross income, with a five-year carryover for any excess. If sent by mail, the postmark date is the delivery date; otherwise, it's the date received by us. The stock certificate must be properly signed or accompanied by a properly signed stock power. To transfer electronically, your broker can arrange a temporary account in our name to sell the securities and transfer the proceeds to us.
Gifts of Tangible Personal Property Held Long-Term: If we can use the property for a purpose related to our exempt function, you can deduct its current fair market value up to 30% of your adjusted gross income, with no tax on the appreciation.
An Easy Way to Include Us in Your Estate Plan
"I, (Name), of (City, State, Zip Code), give devise and bequeath to Oak Hill Animal Rescue, Inc. (written amount of percentage of the estate or description of property) for its unrestricted use and purpose.