1. Legacy Gifts - Planned and Deferred Gift Vehicles
CareDrops CF offers a variety of ways to help you establish a plan for giving to charity after your lifetime. Gift giving options include outright gifts, as well as plans that provide income for life, either for you or another designated beneficiary.
2. Life Insurance
Gifting a life insurance policy that is no longer needed or taking out a new policy is a perfect option to establish a future charitable fund or to make an outright gift to the Foundation. You earn an immediate tax deduction approximately equal to the policy’s replacement cost or current cash value, and any additional premiums that you pay are deductible.
Bequests through your will are one of the most effective methods of providing for your favorite charities, while enabling you to retain the use of your assets or property during your lifetime. Several types of bequests are available to you, including designating a specific dollar amount, a percentage of your estate or the remaining property after all other obligations are fulfilled.
4. Retirement Plan Assets
You can designate CareDrops CF as the beneficiary of your IRA or other retirement plans. Retirement plans are ideal for charitable giving, because they are more heavily taxed than other estate assets and can significantly reduce your estate tax liability. This can allow you to give more to your heirs and to the charities you care about the most.
5. Life Estate Remainder Interest
You can gift your home, farm or vacation property to the Foundation and retain the right to use the property during your lifetime, after which it is sold by the Foundation. You benefit from an immediate tax deduction in the year that the gift arrangement is made.
6. Gift Options that Produce Income for You or Others
A life income gift plan through CareDrops CF provides income for life for you and/or your loved ones, an immediate charitable tax deduction, a charitable estate tax deduction and an everlasting legacy to your designated communities.
GETTING STARTED IS EASY
You may give cash or in-kind donations. No amount is too small. Make a difference in the life of the needy with as little as a loaf of bread.
Email email@example.com or visit our gallery and see photo and video evidence of your cash and kind donations at work.
WAYS TO GIVE
CareDrops Community Foundation offers donors a wide variety of options for giving including:
* Cash and cash equivalents
* Stocks, bonds
* Mutual funds
* Marketable securities
* Real estate.
* Planned gifts
* Charitable gift annuities
* Retirement plan assets
* Charitable remainder trust
* Life insurance