|
United Way
 Please
remember International House (donor
#1517) when you contribute to the United
Way.
Click Here
for
the United Way of
Southeastern Pennsylvania.
Annual
Support
Outright cash contributions are the simplest to make, and
enable International House to take advantage of immediate opportunities.
• Under present tax law, gifts of cash are deductible for the
full amount of the gift, unless they exceed 50 percent of your
adjusted income. In this case, you may not deduct the full amount
in a single year. The excess can be carried forward for up to
five more years.
Gifts of Stock
Many donors prefer to fund their contributions through gifts
of appreciated securities.
• Gifts of appreciated securities, which you have owned for
at least six months, may be deducted for the full fair market
value at the time of the gift. This deduction can be claimed
provided it does not exceed 30 percent of your adjusted gross
income, with a five-year carryover for any excess. No capital
gains tax is levied on the appreciation.
Bequests and Planned Giving
Unlike annual gifts that are made from current income, planned
gifts are usually made from capital assets.
• In general, planned gifts – legally committed to International
House during the donor’s lifetime – are those in which you retain
some personal interest, such as the right to use the property
or to receive income from the gift. Planned gifts cannot be
put to use by International House until some time later, usually
after the death of the named benefactors.
International House encourages these gifts because they provide
an endowment for the future. You may find that you are in a
position to make a larger gift by careful selection of the most
appropriate form of contribution. For example, by reserving
the right to receive income from a gift, it is possible to protect
an estate and provide for family members. A charitable deduction
is allowed for part of the value of the assets transferred.
Older friends and alumni may prefer the planned gift or they
may choose to combine a planned with an outright contribution.
The most suitable kind of gift depends on the donor’s circumstances.
International House will be pleased to provide any assistance
you or your financial advisers require in determining how to
maximize the impact of your generosity.
For information about making a financial contribution, contact
Simone Jeffers at 215.895.6543 or email simone@ihphilly.org.
|
