Boys & Girls Club
of Laguna Madre
Donate to our Club:
Please make your check payable to:
Boys & Girls Club of Laguna Madre
190 Port Road
Port Isabel, TX 78578
Endowment Fund
The
Boys & Girls Club of Laguna Madre established an Endowment Fund for
future operations to guarantee that children will continue to benefit
from youth development programs. The current endowment fund goal is
$1,000,000. Please contribute generously and invest in our children’s
future.
Annual Fund (It Just Takes One
Campaign):
Provide individual unrestricted gifts for current year operations.
This will be an annual campaign geared to provide an avenue to
individuals to give annually. We appreciate your support and
consideration. Gifts of $10,000 will receive special BGCA recognition
through the Milbank Society. Show you care, give when you can.
Giving Through Your Will:
A
specific dollar amount, specific asset, or percentage of an estate may
be specified in a donor's will or trust to be paid to the Boys & Girls
Clubs.
Giving Appreciated Assets:
A
charitable deduction for both income tax and capital gains tax can be
taken based on the fair market value of the stock at the time your
gift is made. Gifts of low-basis stock can produce larger charitable
deductions. A gift of closely-held stock can allow the donor to
maintain control of the corporation while still claiming both capital
gains and income tax deductions. A gift of appreciated real property
will allow the donor to avoid capital gains tax as well as brokerage
fees and closing costs.
Giving Life Insurance:
New
or current life insurance policies may be transferred or irrevocably
assigned to the Boys & Girls Clubs as beneficiary; or a donor can
retain ownership of a policy, pay the premium and simply name the Boys
& Girls Clubs as the beneficiary. Both have substantial tax benefits
to the donor and the donor's estate.
Gift Annuity and Pooled Income Fund:
These
vehicles are a legal agreement to transfer money or securities to the
Boys & Girls Clubs. The donor receives fixed payments for life based
on his or her age, prevailing interest rates and an actuarial table,
as well as an income tax deduction for the donated asset value.
Charitable Remainder Trust:
A
significant donation can be structured in a trust as either a lifetime
income for one or more beneficiaries, with the income going to the
Boys & Girls Clubs, or with the lifetime income going to the Boys &
Girls Clubs and the remainder going to the beneficiaries. Trusts can
be designed to meet individual needs of the donor to provide savings
on income, capital gains and estate taxes.
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