Donations
Philanthropy provides the opportunity for you to really make a meaningful difference for the causes about which you feel passionate. If you feel passionate about our mission, please consider donating to SLIC. The ways of giving listed below are only a brief introduction to some of the best tax-advantaged methods of giving. We would be pleased to provide you with further information. Also, we urge you to discuss your year-end tax planning with your accountant or other professional advisor.
Cash Donations
GIFTS OF CASH
There is no easier way to garner a charitable deduction – and support Sustaining Life Intentional Communities at the same time – than by simply writing a check or making a donation on-line with a credit/debit!
All cash donations can be made by check or through Paypal Give or Venmo.
Benefits of a Gift of Cash
It’s the simplest asset with which to make your donation — no appraisal or acceptance requirements as with gifts of appreciated property.
- Delivers a gift that Sustaining Life Intentional Communities can use immediately and is the easiest for SLIC to accept.
- You receive a full charitable deduction, and apply it against a larger percentage of your taxable income than a deduction for a property gift.
There's an extra benefit:
You can claim the entire amount of your cash gift as a charitable income tax deduction up to the amount allowable by the IRS – please consult your tax advisor concerning this allowable amount.
Make sure your mail envelope, money-order, wire transfer or on-line donation is postmarked, dated or charged by December 31 of the year you wish to gain the tax deduction. If it is, your gift will qualify as a gift for that year even if it’s not received by SLIC until the first week of the following year. The check should be made out to “Sustaining Life Intentional Communities”.
Property Gifts
GIFTS OF PERSONAL PROPERTY
How it works
You transfer a painting, antiques, collectibles or other personal property to SLIC.
SLIC may elect to hold the property and display or use it in the furtherance of its mission.
SLIC may elect to sell the property at some point in the future and use the proceeds for its programs.
Benefits
You receive donation letter and an income tax deduction for the appraised value of your gift for that year and pay no capital gains tax, provided your gift satisfies the "related use" requirements of the IRS.
In certain cases, you can use personal property to fund a life-income gift that benefits SLIC and provides you with income now.
You can have the satisfaction of making a significant gift now to SLIC without adversely affecting your cash flow.
Other Ways to Give
If you’d like to donate to SLIC via the below methods, please contact us directly at sustaininglifeic@gmail.com to discuss.
- Stock
- Real estate
- Business interests
- IRA
- Life insurance
- Life income
- Retained life estate
- Bequests
- Time and Volunteering
