Other Contributions

Tax-Wise Giving: Donating Stock

Are you interested in making a charitable gift that may yield double tax benefits and additional savings? If so, a gift of appreciated stock may be the right option for you.

A gift of stock may provide more benefits than a cash gift. When you make a gift of stock, to Tech for Troops, you may be eliminating the capital gains tax that would be due upon selling the stock. You may receive tangible tax-savings and benefits while also supporting our Mission.  

A gift of stock may be right for you if:

1. You are in possession of stocks that have risen in value. If your stocks have appreciated, you may find yourself with a unwanted tax bill when it comes time to sell or divest from the stocks. By donating these stocks/securities as a gift, you should avoid the capital gains tax on any paper profit.
2. You would like to maximize your deduction while not affecting your liquidity. If you decide to make a gift of stock, you not only retain your cash assets, but you also receive a charitable tax deduction for the full fair market value of the stock that you’ve owned for more than one year. 

 
Your gift of appreciated stock to Tech For Troops helps ensure that no Veteran is alone anymore.  Your generous support makes it possible for us to complete our Mission to serve them.   

Think about how you want your legacy to be written. Your legacy can be written on the lives of Veterans and their families. Tech For Troops has many financial planning options to help you plan your estate. Tech For Troops planned giving advisors are professionals with many years of experience in estate and gift planning who care about your goals and plans. They will work with your attorney or accountant to explain the many gift opportunities available to you and the financial advantages of each.  

Contact Tech For Troops to learn how confidential, personal financial planning can help you achieve your goals while helping to sustain our life-changing mission. 

Planned Gifts

The principal benefits of planned gifts accrue to Tech For Troops at a later time, after your death, or the death of your last named beneficiary. Planned gifts take many forms, providing additional income for you and/or your heirs, reducing income and estate taxes, relieving you and your heirs of complicated financial management responsibilities, and helping to fulfill your personal, humanitarian, and charitable objectives. Planned gifts can be made in cash, real estate, stocks, bonds, personal property, or life insurance. 

Bequests by Will

One of the simplest planned gifts is a bequest through your will in which you designate either a specific dollar amount or a percentage of your estate after other disbursements. In addition to supporting Tech For Troops, it serves as an example to your heirs of the values and ideals you hold dear. A bequest also can reduce the amount of your taxable estate, which may increase the actual amount available to loved ones. 

Gift Annuity

A gift annuity is an agreement between you and Tech For Troops. In exchange for your irrevocable gift, Tech For Troops pays a fixed dollar amount during your life and/or the life of a designated loved one. The amount you receive is determined by the size of your gift, your age, and the age of your beneficiary. Your income is guaranteed, regardless of market fluctuation. A major portion of your income is a tax-exempt return of principal, and the income may be deferred until a later time as part of your retirement plan. 

Charitable Remainder Trust

A charitable trust transfers ownership and management of cash and/or appreciated securities to Tech For Troops. We would manage the trust and pay income to you for the remainder of your life and/or the life of another beneficiary. An annuity trust provides a fixed annual income for those wanting consistent, predictable payments. A unitrust pays a variable return based on market changes, providing an effective hedge against inflation. 

Pooled Income Fund

A pooled income fund is a trust designed to provide variable yet reliable income. Like a commercial mutual fund, it combines your gift with the contributions of other fund participants, wisely investing the sum for a balance of income and growth. Dividends are paid to the shareholders in proportion to each person’s contribution. Your donation results in a tax deduction for the year your gift was made, elimination of capital gains tax if you invest appreciated securities, and reduction of estate taxes for your heirs. 

Life Insurance

Contributions of life insurance can provide a substantial gift to Tech For Troops. The value of an ordinary policy at the time of the gift is tax deductible. If you continue paying the premiums, they also are deductible as charitable contributions. If a paid-up policy is given, the cost of purchasing a new paid-up policy at your current age is the value of the charitable deduction.