You can choose your legacy by making a gift that costs you nothing during your lifetime!

Choose to Make a Charitable Gift

You can choose to make a charitable gift that costs you nothing during your lifetime! Planning for your current and future financial needs is a must. Consider contingencies in life, kids, grandkids, and long-term health care. Your plans need to be flexible and can be changed to meet the unknown.  Think about what is left after your lifetime expenses are covered. You can make a gift to an organization that you support which has a place in your heart.  C.A.R.E. would be honored to be the recipient of your planned gift.

Estate planning with trusted professionals creates benefits for you as a donor; reduces income, estate and gift taxes, avoids capital gains taxes, puts capital to work, increases cash flow, and provides for diversification of assets.  Our goal is to help you as a donor achieve your philanthropic planning goals by working with your personal, trusted advisors to achieve your legacy goals and tax planning objectives.

You can make provisions for your family and provide a planned gift bequest to the charity for which you volunteered and donated to throughout your life. Consider your options with the following example:

Should you wish to leave one-third of your estate to each child (33 1/3%) just make a simple adjustment.

  • Leave each child 30% for a total of 90% of the estate.
  • Earmark the remaining 10% for your favorite charitable organization
  • Leave your legacy gift and be acknowledged during your lifetime
  • Feel personal satisfaction that the organization will be able to continue its mission to benefit future generations.

Professional Advisors

The members of your donor team are estate planning attorneys, accountants, CPAs, certified financial planners, insurance agents, bankers and family members. They can help you plan the best way to secure your future financial needs for you, your family and how best to shape your legacy as a philanthropist.

 

Information for Professional Advisors

The Center for Abuse and Rape Emergencies, Inc. of Charlotte County

P.O. Box 510234

Punta Gorda, FL 33951-0234

Business Telephone: 941-639-5499

EIN Number: 59-2435059

C.A.R.E. is a 501 (3)(c) non-profit organization

Types of Gifts:

Gifts of Cash

Cash is a simple and easy way to make a gift to C.A.R.E. Cash donations may be made online or by sending a check. Potential benefits are:

  • Impacts our mission today by providing direct services to victims/survivors
  • Provides a charitable tax deduction for the year in which the gift is given

Gifts of Stocks and Bonds

Making a gift of appreciated securities, such as stocks and bonds, provides a tax-effective way to make a donation to C.A.R.E. Work with your broker or investment advisor to determine the value of the stock and to complete the transfer of certificates.

Potential benefits are:

  • Receive a charitable income tax deduction
  • Avoid paying capital gains taxes on sales of appreciated stock

Gifts of Real Estate

Appreciated real estate such as home, land or commercial property can make a substantial gift to C.A.R.E. Such gifts require a deed to transfer ownership, and an independent appraisal to establish the property’s fair market value.

Gifts of Pension Assets

Donating all or a portion of retirement assets such as funds from an IRA, 401(k), 403(b), or pension are ways to make a gift of your unused assets to further our mission. These gift options require your completion of a beneficiary designation form naming C.A.R.E. as the beneficiary of the assets.

Potential benefits are:

  • Limit or avoid estate tax on retirement assets; up to 60-70% of your retirement assets may be taxed if left to your heirs on your death
  • An option for heirs to avoid income taxes on retirement funds accumulated with pre-tax funds
  • Potential estate tax savings

Gifts of Insurance

If you have an insurance policy that has outlasted its purpose, consider making a gift of the policy to C.A.R.E. This gift requires a beneficiary designation naming C.A.R.E. as the beneficiary of the policy.

Potential benefits are:

  • Receive a charitable income tax deduction
  • Once the policy matures, the proceeds will be paid to C.A.R.E. as the beneficiary and the funds will be used to further our mission
  • C.A.R.E. can cash in the policy and you can see your gift support our work with victims/survivors

Wills, Trusts and Estate Plans

You can include language in your will or trust that specifically designates a gift be made to C.A.R.E. as part of your estate plan, in addition to taking care of your family or future health needs. This is a bequest, and it is one of the easiest gifts you can make as part of your legacy.

 

Once you have your estate plan in place, it can be updated should your circumstances change.  In fact, it is a good idea to review your plans every few years to ensure your needs are covered and to make sure your plan continues to reflect your wishes.  You have the flexibility you need. Your attorney can help you determine how to make a gift of a specific asset or dollar amount, or a percentage of your estate, or the residual balance of your estate.

Potential benefits are:

  • An estate tax charitable deduction
  • Reduced tax implications for your heirs
  • Leave a lasting legacy to your favorite charity

For more information regarding Legacy Giving or Gift Planning please contact our Chief Advancement Officer Linda Lusk at 941-639-5499

Charitable gifts to The Center for Abuse and Rape Emergencies, Inc. are tax-exempt as defined by laws governing 501 (c)(3) organizations. A copy of the official registration and financial information may be obtained from the division of consumer services by calling toll-free (800) 435-7352 or visiting www.floridaconsumerhelp.com registration does not imply endorsement, approval, or recommendation by the state. Contributions are retained by the center for abuse and rape emergencies, inc. (c.a.r.e.). Registration number: ch174.
For additional information on donations please call C.A.R.E. at 941-639-5499.