- Giving Online
Click on one of the links
below to make a SECURE
online gift with your Visa, MasterCard,
Discover, or American
Express:
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Outright Gifts
Outright gifts
(contributions of any
immediate asset) are the
most direct way to help.
Gifts made in memory or in
honor of loved ones are a
popular option for many.
For more information,
contact us by e-mail at
oprsfco@corp.oprs.org
or call 1-800-686-7800.
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Planned Gifts
Planned Gifts can
be very useful tools for
achieving financial goals
while creating a personal
legacy. Carefully and
creatively conceived planned
gifts may offer:
- Arrangement for
professional management of
assets
- Reduced gift and estate
taxes
- Regular income from life
income trusts and annuities
- Current income tax
savings
- Avoidance of capital
gains taxes
- Conversion of
lower-income assets to
higher-income assets
For more information,
contact us by e-mail at
oprsfco@corp.oprs.org or
call 1-800-686-7800.
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Will Bequests
A charitable will
bequest provides a means to
continue your legacy well
into the future. As you
consider a bequest, it is
important to consult with an
OPRS Foundation
representative who will help
you and your advisors decide
which type of bequest is
most appropriate to achieve
your goals. Since future
needs of OPRS may change, it
is generally most helpful to
leave a bequest that allows
for future flexibility.
For more information,
contact us by e-mail at
oprsfco@corp.oprs.org or
call 1-800-686-7800.
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Electronic Funds
Transfer
Allows you to have
your gift deducted from your
checking or savings account.
EFT donations may be
cancelled at any time by
notifying the Gift and Data
Management Department of the
OPRS Foundation.
For more information,
contact us by e-mail at
oprsfco@corp.oprs.org or
call 1-800-686-7800.
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What Can I Give?
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Gifts of Cash
You may deduct a cash
gift for income tax purposes
only in the year in which
you contribute it. Payments
toward a pledge are
deductible in the year they
are made. Cash gifts are
deductible up to 50 percent
of your adjusted gross
income for the taxable year.
Any excess is deductible
over the next 5 years.
For more information,
contact us by e-mail at
oprsfco@corp.oprs.org or
call 1-800-686-7800.
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Gifts of Securities
Contributions of
long-term appreciated
securities give you a
two-fold income tax benefit:
a charitable deduction for
the full present fair market
value, and no tax on the
appreciation. The limit on
deductibility in any tax
year is 30 percent of your
adjusted gross income with
any excess deductible over
the next five years. Should
the securities have a loss,
consider selling them and
donating the proceeds, which
allow you to recognize the
loss as a deduction.
For more information,
contact us by e-mail at
oprsfco@corp.oprs.org or
call 1-800-686-7800.
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to "What Can I Give?"
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Gifts of Tangible
Personal Property
(Gifts-in-Kind)
Art objects, antiques
and prized collections are
tangible personal property
subject to special IRS
rules. If the contributed
gift's use can be
established as related to
the function of the OPRS
community, you may deduct
its full fair-market value;
if not, you may deduct only
the cost basis of the gift.
This type of gift is
deductible up to 30 percent
of your adjusted gross
income if it meets the
related-use test. If not,
the 50 percent limit applies
with the five-year carryover
allowed for any excess
deduction.
For more information,
contact us by e-mail at
oprsfco@corp.oprs.org or
call 1-800-686-7800.
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to "What Can I Give?"
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Gifts of Real Estate
Whether your property
has increased or decreased
in value, it may be given
with substantial benefit to
both the donor and OPRS.
There are many ways to make
a gift of property including
an outright gift, a retained
life estate, making a
bargain sale, gifting
property by will or using
property to fund a
charitable remainder trust.
For more information,
contact us by e-mail at
oprsfco@corp.oprs.org or
call 1-800-686-7800.
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to "What Can I Give?"
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Gifts of Life
Insurance Policies
Gifts of Life Insurance
Policies – The gift of a
life insurance policy is an
ideal way to fulfill your
charitable desires. A gift
of life insurance does not
reduce your income, and you
may receive significant
income tax reductions. There
are several options for
making such a gift.
For more information,
contact us by e-mail at
oprsfco@corp.oprs.org or
call 1-800-686-7800.
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An
OPRS
Foundation
representative can assist you
and your advisers in selecting
the vehicle best-suited to your
specific philanthropic goals.
For more information, contact us
by e-mail at
oprsfco@corp.oprs.org. |