A Gift of Cash
The simplest way to make a gift to Three Crowns Foundation is to write a check. All outright cash gifts can qualify as an IRS charitable deduction.
Does your organization offer a matching gift program? Matching gifts can often double or even triple a donor’s gift. Some retirees can still apply to their former employer for matching funds. To facilitate, simply contact your employer’s human resources department and Three Crowns Foundation.
A Gift of Securities
Gifts of appreciated securities or stock can be one of the most advantageous ways of giving. If your stock is one you have owned for more than one year, you may deduct the full fair market value of the stock as a charitable contribution while bypassing all capital gains taxes. Please call 224-420-3063 to facilitate a direct transfer to Three Crowns Foundation.
Making a Bequest
Charitable bequests can enable you to make a significant gift that might not be possible during your lifetime. A bequest by will or living trust allows you to support Three Crowns Foundation’s mission while reducing your taxable estate. A bequest can be outlined in your will or trust, or added to your existing will or trust. It can direct a specific amount, a certain property, or all or a percentage of what remains. A bequest can be expressed in the following language:
“I give to Three Crowns Foundation of Evanston, Illinois, a not-for-profit organization (1) the sum of $___ or (2) ___ percentage of my estate or (3) the following described property or (4) the remainder of my estate for its exempt purposes.”
Consider a Charitable Gift Annuity
If you would like to make a gift during your lifetime but rely on the income from assets, a Charitable Gift Annuity might be an option for you to consider. In return for a transfer of cash, stock or other property, Three Crowns Foundation agrees to pay you a fixed-rate annuity payment guaranteed for your lifetime. In addition to providing lifetime income, a gift annuity has the added benefits of offering significant immediate and long-term tax benefits. The payout rate is determined by your age and whether there are one or two beneficiaries. Minimum gift required.
One the easiest ways to make a significant gift in the future is to name Three Crowns Foundation to receive all or a portion of your insurance policy or retirement account.
Real Estate and Personal Property
Real estate, vehicles or other marketable personal items are important gifts to Three Crowns Foundation. The donor may take a tax deduction for the fair market value of the property.
When considering charitable giving you should talk with your tax, legal or financial advisor. Three Crowns Foundation does not provide legal, tax, or other professional advisory services.
For more information please contact:
Lisa Dye, Development Director
Direct line: 224-420-3063
Or send your inquiry to Lisa at:
Three Crowns Foundation
2323 McDaniel Avenue
Evanston, IL 60201-2570