There are many ways to give planned giving including end off year other than cash donations. These include gifts of real estate, stock, life insurance and bequests. All of these offer a variety of tax advantages. For instance, consider the following examples.
We not only receive grants from them, but we also have our own endowment with them. This means that you can donate to Our Mother’s Home through the SWFL Community Foundation. The money will earn interest and most importantly you can ensure that your donation is used wisely. In order for us to access the money, the request must go not only through the Board of Our Mother’s Home, but it must also be approved by the Board of the Community Foundation. The funds must be used to directly benefit the home itself. We chose this endowment because we are a very small community based non-profit organization. In fact we are too small to be listed on charity navigator, a large independent organization that rates nonprofits and too small for larger endowments like United Way.