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Donation Possibilities
Following are several creative ways to donate to the HCE. If
you are considering any of these opportunities, please contact
us, and thank you!
GIFTS OF CASH Receive a charitable tax
deduction and support the HCE by writing a check. Mail it to the HCE,
P.O. Box 421, Hopkinton, MA, 01748.
GIFTS OF STOCK Giving long-term appreciated stock offers you a
two-fold tax saving. You avoid paying capital gains tax on the
increase in value of the stock, and you receive a tax deduction for the full fair market value of the stock.
GIFTS OF REAL ESTATE A charitable gift of real estate can have
many tax advantages. The property may have appreciated in value and the sale would result in
sizable capital gains tax.
If given as a charitable donation, you can avoid the tax and realize a charitable deduction for the full
market value of the real estate.
GIFTS OF LIFE INSURANCE If you own a life insurance policy that
is no longer needed, you can receive a charitable deduction by
giving it to the HCE. If the policy has a cash value, you can take
a charitable deduction approximately equal to the cash value at the
time of the gift. If annual premiums are still to be made and you
continue to pay them, these premiums will become tax deductible each
year.
LIFE INCOME GIFTS A life income gift allows you to transfer
assets to the HCE, and continue to receive the income from the
cash, stock, or other property contributed. Please talk with your accountant or financial advisor for details on
this option.
BEQUESTS If you are concerned with long-term tax savings, you may
want to consider a charitable bequest, naming the HCE as a
beneficiary in your will.
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