We offer a wide range of options for you to establish (or add to) a charitable fund. Since Incourage is recognized by the Internal Revenue Service as a public charity, donors are provided with the maximum tax benefits allowed by law. Once your fund is established, you can add to it at any time and in any dollar amount.
For complete details, please call Incourage at 715.423.3863 or download the Gift Acceptance Policy.
Cash, usually in the form of a check, is the most common form for charitable gifts. Cash gifts enable you as a donor to claim a current income tax deduction as allowed by law. Actual savings from gifts of cash depend on your tax bracket. All checks are made payable to Incourage with the name of the specific fund on the memo line of your check. Please contact Donor Services for instructions about wiring cash.
A gift of appreciated securities (such as stock, bonds, and mutual funds) can be used to establish a fund or add to an existing fund. Appreciated securities held long term often provide important tax advantages, as their full market value is generally deductible as a charitable contribution up to a percentage of the donor’s adjusted gross income. We also can help you with stock transfer instructions.
Gifts of real estate include a house or other personal residence, farm, commercial building, and income producing or non-income producing land. Incourage accepts most unencumbered real property, which can allow you to contribute more than you may have thought possible. When gifting real property, it can be possible to avoid capital gains on the sale of the property and can take a charitable tax deduction for the fair market value of the real property.
Mutual funds can also be contributed outright to establish a fund. Donors generally receive a deduction based on the value of the mutual fund at its public redemption price.
Closely held stocks are shares in a privately-owned business. The stock can be contributed outright to a public charity, and as donor you are generally entitled to a deduction for the appraised fair market value, up to a percentage of the donor’s adjusted gross income.
Gifts of tangible personal property such as jewelry, artwork, collectibles, antiques, vehicles, and boats may be donated to the Foundation to establish a fund. This type of gift must be evaluated individually by Incourage for suitability before being accepted.
Don’t overlook the benefits you and your cause can receive from bequests, charitable gift annuities and other creative forms of giving. Ask your tax advisor or attorney to help create the best plan for you and your family. Bequests – description and sample wording to leave a gift in your will.
To make a gift via credit card to any existing fund, you may Give Online here.
Any gift may be designated in memory of, or in honor of, someone important in your life. When you establish a new fund, we can help you with the naming of that fund.
If you prefer to have gifts from your charitable fund remain confidential, please let us know.
You might also consider giving your time and skills. Not only will you help the organization you care about, but you’ll also make contacts, hone your skills and learn more about the charitable cause you support.
Download the Gift Acceptance Policy.