There are many ways Planned Giving can allow you to give needed funds to Meals on Wheels PLUS of Manatee at very little expense to you or your estate, and may offer substantial benefits to you as well as to the organization.
Contact the Meals on Wheels PLUS Office of Charitable Giving for information on how you can apply these and other planned giving tools to benefit you and your estate during your lifetime.
- Memorial or Tribute Gifts
- Gifts of Stock
- Charitable Remainder Trust
- Gifts of Real Estate
- Gift of Life Insurance
- Acting Today For Tomorrow
- For More Information
- Legacy Society
- Tangible Personal Property
Honor a loved one with a very special memorial or tribute gift to Meals on Wheels PLUS of Manatee. Naming opportunities still exist for substantial gifts. Cards of acknowledgement will be mailed upon request to the honoree or to their family.
If you own stock, it is often more tax-wise to contribute stock than cash. This is because a gift of appreciated stock generally offers a two-fold tax savings. First, you avoid paying any capital gains tax on the increase in value of the stock. Second, you receive an income tax deduction for the full fair market value of the stock at the time of the gift.
Charitable Remainder Trust allows for the distribution of a specified income, at least annually, to one or more beneficiaries for life or for a specific term of years. Boost your rate of return, receive fixed income, and minimize capital gains tax.
Gifts of appreciated real estate can be ideal gifts, and can be made in several different ways to maximize the tax benefits to you, and maximize the value of the gift to Meals on Wheels PLUS of Manatee.
A gift of life insurance can provide a significant charitable deduction. You could purchase a new policy or donate a policy that you currently own but no longer need. To receive a deduction, designate us as both the owner and beneficiary of the life insurance policy.
Financial planners agree it is the failure to take action, not the absence of opportunity, that is the major threat to achieving financial objectives. It takes a lifetime to build an estate. Meals on Wheels PLUS believes it’s wise to plan for today so that your estate may be preserved for tomorrow. Through careful estate planning, you help secure the future—for yourself, for your family and heirs, and for programs in which you believe.
Meals on Wheels can be named as beneficiary in your will in an outright gift, as either a designated dollar amount or percentage of your estate. We could also be named as a remainder beneficiary to receive funds only after specific sums have been paid to individual beneficiaries. You can easily attach an amendment to your will then your will, will not have to be redrafted.
We cannot tell you everything you need to know about planned giving and which method would be the most advantageous for your particular financial and estate planning situation. Check with your attorney, accountant, or other tax advisor for additional information on how these general rules apply to your situation. We appreciate your interest and support, and would be pleased to provide you with additional information on the advantages of planned giving. If you would like more information, please contact Larry Winegar, CFP®, VP of Planned Giving, 941-749-0100.
To recognize the generosity of endowment donors in their lifetime, Meals on Wheels PLUS has established the Legacy Society. By notifying us that your estate includes a gift to us, you will be thanked and recognized now. For a pdf brochure about our Legacy Society, click here.
Artwork, furniture, clothing, jewelry, and automobiles can be given, with varying tax consequences depending upon the type of property.
THE COPY OF OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE 1-800-435-7352 WITHIN THE STATE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE.