Ways to Give
Scroll to see the many ways you can make a difference.
When you donate appreciated securities to a qualified charity, the fair market value is deducted from your taxable income, and neither you nor the charity will be taxed on the capital gain. Therefore, you can make a bigger impact with your charitable donation by gifting your stocks instead of liquidating them and gifting the remaining cash after you’ve paid up to 23.8% in federal capital gains tax.
Whether you want to make a one-time donation or sign up for a monthly contribution that works with your budget, we have 10 ways for you to make a meaningful impact on the future of cohousing.
Did you know that many corporations offer employee giving programs where they would match donations to Front Porch Cohousing?
Planned giving is the act of setting aside a portion of your earnings for philanthropic purposes. There are several advantages to planned giving, including tax benefits, the ability to set up a legacy, and the fact that you receive something in return for your donation. The most common forms of planned giving include: wills, bequests, and trusts; charitable deduction; life insurance; stocks, mutual funds, and other investments; real estate; and gifts in kind such as artwork, antiques, and other items that have significant value.
Donating a car to Front Porch Cohousing provides a tax deduction for the donor while helping our charity. We can sell your donated car and use that money to offset the cost of housing for adults with autism or intellectual and developmental disabilities. We can also sell the car’s parts to raise funds, or we can distribute it to people in need.
Real Estate Donations
There are many advantages of donating property, one of which being that you may claim an income tax deduction for the fair market value of the property, which is usually substantial. Donating property may also allow you to reduce your estate tax liability, while allowing us to put your property to good use.