|The Gay & Lesbian Association of Retiring Person, Inc.® is a designated 501(c)(3) corporation with the I.R.S. So, while your membership fee is not a charitable deduction, any other gifts that you may give GLARP®, including cash, cars, property, stock and the like, can be a tax benefit to you.|
|“GLARP wishes to thank Liz McMullen, Sacchi and Patty for the on-going charitable gift to us. We invite you to support their endeavors, which help support our efforts.”
|The information here is just informative, it is not legal advise and should not be taken as such. Please consult your Accountant or Estate Planning Attorney for your particular case. You need professional advice. If you lack an attorney, contact your local county Bar Association for a referral.|
|Thank you for supporting Gay & Lesbian Association of Retiring Persons, Inc.®, AKA GLARP®. Whether you make a one-time gift, or you choose to make a monthly or yearly donation, your generosity makes a big difference. Giving online is a safe, simple and time efficient way to donate to GLARP® though it only takes a few minutes to donate, your gift will impact the daily on-going efforts of GLARP® it is only through gifts like yours that GLARP® has sustained through the years.|
|When you make a gift to GLARP®, you decide the designation. You can SUPPORT our specific efforts in developing a Resort Retirement Community or create an educational gift or scholarship. We need individuals educated in senior services and sensitive to our community needs. Unrestricted gifts provide funding for wherever the need is greatest, at the Board’s discretion.|
|The easiest way to make a gift is online. You can choose to give a one-time or recurring gift using your major credit card (Visa or MasterCard) through PayPal or you can give via a direct debit from your checking or savings account.|
|You can also support GLARP® though Gifts of Stock and Gifts of Property by E-mailing us, firstname.lastname@example.org or calling us about your gift at: (310) 722-1806 to make a pledge. A special way to honor the memory of a friend or loved one is through a memorial gift. GLARP® will notify the partner/spouse or family and the gift can support any area the donor or partner/spouse or family specifies.|
|If you have any questions, or would like to discuss your options for a direct gift further, our Executive Director would be glad to help you.|
|Gifts of Real Estate|
|Real estate is an ideal asset to consider utilizing when planning your support of Gay & Lesbian Association of Retiring Persons, Inc.®, AKA GLARP®. You can give the property outright, place it in trust, retain the use of it for life, or give it by will. All of these methods will enable you to enjoy personal financial benefits while supporting YOUR organization designated to enhance the aging experience of members of the GLBT community.
If you have owned property for more than a year and then, make an outright gift, you obtain an income tax charitable deduction equal to the property’s full fair market value. This deduction frees cash that otherwise would have been used to pay taxes and it lets you reduce the cost of making the gift. Sometimes very important, capital gains tax on the property’s appreciation are avoided. Furthermore, the transfer isn’t subject to the gift tax, and the gift reduces your taxable estate.
Find Out More
If you own real estate of any type and want to investigate tax-wise charitable options to benefit yourself, your partner/spouse or family, and ultimately your organization, GLARP®, we ask that you contact your Accountant or an Estate Planning Attorney.
|Many employers offer a benefit that will match charitable contributions made by their employees. Your employer – or your partner/ spouse’s employer – may be one of these companies. So, Your gift could be doubled, or in some cases, even tripled.|
|Charitable Remainder Trust|
|One truly extraordinary gift plan is the charitable remainder trust. You transfer assets to this type of trust in return for income for a period of years or your lifetime. Income may be paid to you, your ‘spouse’, domestic partner, partner or other individuals. At the termination of the trust, the remaining principal philanthropically passes to the Gay & Lesbian Association of Retiring Persons, Inc.® A charitable trust allows you to reduce potential estate costs and taxes, provide future income for your designated others and ultimately benefit, Gay & Lesbian Association of Retiring Persons, Inc.®.|
|The versatility and uniqueness of a charitable trust works particularly well if you own highly appreciated, low-income property such as low-dividend stocks. Appreciated property can be transferred into a charitable trust at its current market value, allowing you to benefit from its total appreciated value. The property may then be liquidated “tax-free” by the trustee and invested in higher-return assets, often resulting in more income for you.|
|Do you have a car you no longer want? You can make a real contribution to us with a donation of car. If you donate your car to GLARP your car is picked up at your home or work for free. Donate your car. Answers to your car donation questions.|
Donate Your Vehicle to GLARP®!
If you can’t see the form, click here to donate your car.