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CASH CONTRIBUTIONS
A gift of cash is clearly the simplest for a donor and for the Housing Trust. Cash can be put to work immediately if needed, or can earn interest until it is needed. A cash gift is tax-deductible, and will lower your taxable income. A cash gift can be restricted for capital projects, or unrestricted to be used as needed.
Individual Membership $25. Family Membership $ 50. YIMBY (Yes In My BackYard) $100. Good Neighbor $250 Home Builder $500
Patron: $1000 and up Founder $5,000 and up
SECURITIES
By giving securities that have appreciated, you can enjoy tax benefits as well as a charitable deduction. You can generally deduct the current fair market value of such property, and not pay tax on the appreciation.
ARCH Community Housing Trust will accept gifts of publicly traded stock, some stock in a closely held corporation and shares in a mutual fund. If you wish to make such a gift, please call or have your broker call the Housing Trust office for instructions on making the transfer. You will get credit for the value of the mean of the high and low prices of the stock on the date of transfer. Any fees to sell the stock, or any change in value does not affect the value of the gift.
GIFTS-IN-KIND
A "gift-in-kind" is a donation of tangible personal property other than securities. These may include fine art, jewelry, antiques, furniture, stamps, coins, books, musical instruments and equipment. The donor's deduction for a gift depends on whether the use of the property is related to the Housing Trust's tax-exempt purpose or is unrelated. A file cabinet would be related. A pencil sketch by an artist for example would not be. (The Housing Trust will accept a gift of personal property only with approval by the board.) If you still wish to give the Housing Trust your stamp collection, you may wish to give it to the Housing Trust for us to sell in order to avoid any tax or fee expense.
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RETIREMENT PLANS
Contributions to IRAs and other qualified retirement accounts are taxed heavily if they pass to children or other heirs. Those beneficiaries end up getting less than you think, sometimes as little as 20%.
By leaving such retirement assets to the Housing Trust, donors can save on taxes and make a major gift toward affordable housing. To do this, simply name the Housing Trust as the beneficiary of your plan assets upon the death of the surviving spouse. Like a will, this designation can be altered if circumstances change. It can also be advantageous for tax reasons for a donor to name a charitable remainder trust as the plan's beneficiary, providing income to be paid to family members and the remainder to the Housing Trust.
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REAL ESTATE
A personal residence, commercial property or other real estate assets can be given to the Housing Trust, subject to the approval of the board. A gift of appreciated real property, free of debt, owned for more than one year, provides a donor with a tax deduction of the fair market value of the real estate on the date of the gift. By donating real estate instead of selling it, you may also save on transfer taxes.
A gift of a personal residence can be structured so that a donor or his or her spouse can continue to occupy the home for their entire lifetime, or for a term of years and still receive significant tax benefits.
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VOLUNTARY TRANSFER FEE
A donor who does not wish to give the entire value of her/his home, may wish to consider making a tax-deductible gift from the proceeds from the sale of a home, especially if it has appreciated in value.
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LIFE INCOME GIFTS
There are several ways that a donor can make a gift to the ARCH Community Housing Trust and still receive income for life. The advantages of such a gift are: the ability to sell an appreciated asset and diversify an investment portfolio without incurring capital gains taxes; an opportunity to make a significant gift during your lifetime, and receive yearly income; a chance to provide a lifetime income for a relative or friend. Two ways to do this are: a Charitable Remainder Trust, and a Charitable Remainder Annuity trust.
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BEQUESTS
A bequest is a gift made under a will, directing that a specific amount or percentage of a donor's estate, or specific assets within the estate be given to the Housing Trust. Bequests can be restricted for specific benefit, or unrestricted to support our general program. Unrestricted bequests give the Housing Trust greatest flexibility. If you wish to restrict a bequest to benefit a certain job or income group, or household type, the donor may wish to insert the following clause: "If it is no longer practical to use this gift for my intended purpose, then it may be used by the Housing Trust for its more general purpose."
An outright bequest will qualify for an estate tax charitable deduction equal to the amount of the gift on the date of the donor's death (or alternate valuation date, if elected) regardless of the type of property donated or whether its use is related to the Housing Trust's tax-exempt purpose.
A donor can also make a contingent bequest, which would allow all or a portion of the remainder of a donor's estate to pass to the Housing Trust in the event of the death of all of the beneficiaries named.
A bequest may also create a CRT, with the income interest of the trust going to specified beneficiaries for their lives and the charitable remainder interest going to the Housing Trust.
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LIFE INSURANCE
A donor may give an existing life insurance policy, or fund a new one, naming the ARCH Community Housing Trust as a beneficiary. If you transfer complete ownership of the policy to the Housing Trust during your lifetime, you are entitled to an immediate income tax deduction for whichever is less: the cash value of the policy or its cost basis.
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LOW-INTEREST LOANS
If you are not in a position to make an outright gift of capital, a low-interest loan to the organization will help get housing on the ground.
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DOUBLE BARRELED DONATION
Donor gives us a donation equal to the present value of the income from some future ground lease in return for our pledge to give he income from those fees to a designated charity in the future.
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MATCHING FUNDS/CHALLENGE GIFT
A donor offers a matching grant , if we could raise an equal amount in new gifts.
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BARGAIN SALE
A donor may give the chance to purchase a home at a price well below appraised value.
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DONATION OF LAND
Donors can give lots in town or acres out of town
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DONATION OF AN EVENT
A business donates assets and employees for an event, to which we invited our guests to buy tickets. Proceeds go to the Housing Trust
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RETAIL SURCHARGFE WITH OWNERS EVENT
A restaurant owner may donate $1 if the diners added $1 to their bill to ARCH Community Housing Trust.
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