Outright
Gifts of Cash (Immediate or Paid Over Time)
Cash gifts in lump sum or paid over a period of time are important
to the operation of the Foundation and to fund specific projects.
To
make a gift or pledge, please print out and complete the
Letter of Intent.
Matching
Gifts
Ever wish you could multiply your gift to Wentworth? Here
is a way -- employer matching contributions. Thousands of
companies have Matching Gift programs which double or even
triple individual, tax-deductible contributions made by their
employees. Check with your personnel office about your company’s
Matching Gift program. If one is available they can provide
the form which you will complete and send to us with your
cash donation. We will confirm your donation and forward the
form to your company headquarters.
Gifts
of Stocks or Bonds
A charitable gift of stocks or bonds provides an opportunity
for tax savings while generously sharing with others. A gift
of stock owned for more than one year entitles you to a charitable
deduction for the full market value at the time the gift is
made. If the stock has appreciated, you also avoid a capital
gains tax on the appreciation. In addition you to helping
Wentworth Foundation, you may diversify away from low-basis,
long-term holdings into other assets that will better suit
your current needs. If you would like to discuss a gift of
stocks or bonds, please call Kent McElroy at (660) 259-2221,
ext. 1232.
Gifts
of Real Estate/Property
Gifts may be made of a personal residence, a vacation home,
a commercial property or undeveloped land. Such a gift will
entitle you to a federal income tax charitable deduction equal
to the fair market value of the property on the date of your
gift, provided you have owned the property for more than one
year. Capital gains taxes are also avoided by giving real
estate.
The
property is deeded directly to Wentworth Foundation, Inc.
One hundred percent of the property’s appraised value
is income tax deductible. Please call Kent McElroy at (660)
259-2221, ext. 1232, or email
him for more information.
|