Here are just some of the ways you can make a gift to support the mission of ARW:
- Cash. Most of ARW’s contributions come in the form of cash. This type of gift provides a federal income tax deduction if you itemize deductions on your federal income tax return. The maximum amount of charitable deductions you may claim in any one year is limited to 50% of your adjusted gross income. If you have an unused balance, the unused deduction can be taken in up to five succeeding years.
- Planned Gifts. Consult your financial adviser about ways to leave a legacy to ARW as part of your estate planning.
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Tax Advantages.
You are entitled to a federal income tax charitable deduction if you itemize deductions on your federal income tax return. For appreciated securities held less than one year, the deduction is limited to the fair market value of the security less the amount that would be short-term capital gain if the property were sold. For appreciated securities held longer than one year, you may normally claim a deduction of up to 30% of your adjusted gross income if full market value of the security is used; or 50% of adjusted gross income if appreciation is subtracted from full market value of the security. In either case, any unused deduction can be taken in up to five succeeding years. With a gift of appreciated securities, you pay no tax on the capital gain.