Ways to Help

Ways to Help

Because the Salesian Boys' and Girls' Club only charges $10.00 a year, the Club must raise its annual budget through various fundraising endeavors.

Parents of children are invited to support the Club through Associate Memberships, Memorial Contributions, Planned Giving or Endowment Gifts, Participation in the Club's annual fundraising endeavors, and through our vehicle donation program.  

All donations are tax deductible by the amount allowable by law.

WHAT IS PLANNED GIVING?

"Planned giving" is a term commonly used to describe a wide variety of ways to give to charities during your lifetime and/or after your death, while meeting your current income needs and providing for your heirs. Planned giving is typically done in conjunction with estate planning, and is a viable option for donors of all income levels.

From a donor's perspective, planned giving is attractive for many reasons. It may allow you to make larger gifts than you otherwise could out of your current assets. Depending on how a planned gift is set up, it may also let you receive a stream of income for life, earn higher investment yield, or reduce your capital gains or estate taxes. Planned gifts often appeal to people who want to benefit a charitable organization but aren't certain how much of their assets they'll need for themselves during their lifetimes.

Donate Your Vehicle

The Salesian Boys’ and Girls’ Club will gladly accept your car, truck, motorcycle, RV or boat donation. It does not have to be in running condition, and donating it is much easier than selling it. You help us with needed funds and you may get the benefit of a tax deduction as well. To donate- simply complete our on-line form, or call 1-888-686-4483 and tell the customer service representative you want to donate your vehicle to the Salesian Boys’ and Girls’ Club.

Donation

If you are making a Memorial Donation, please remember to include the Donor Name and Address, In Memory of, Acknowledgement Address in the Note area below.



Donation:
Note:
Donation Amount:Enter a short note (Optional)

Planned Giving Program

Planned Giving Program

PLANNING YOUR ESTATE
For you. . .
   Your family. . .
      And your favorite charity.


NOW is the time to review your charitable gift planning.

Items to consider:

Charitable planning is beneficial because:

  • with tax rates likely to be higher (deductions will be worth more) 
  • interest rates will still be low, which favors some planning techniques 
  • it is beneficial to marry charitable gift planning with retirement plans and individual retirement accounts. For example, if you do a conversion of some of your traditional IRA accounts to Roth IRA accounts you can shelter the income with charitable contribution deductions. 
There are some questions that you should consider:

Would you prefer to donate a current income interest in property while reserving the remainder interest for non-charitable beneficiaries, i.e., children and grandchildren?

Would you prefer to retain a current income interest while designating the Salesian Boys’ and Girls’ club the remainder interest?

Have you considered the charitable contribution of an undivided interest in property or a remainder interest in your personal residence?

Are you aware of the tax benefits of lifetime contributions versus contributions taking effect at death?

We have advisors who are ready to work with you and your advisors to answer these and many other questions that you may have.

 We look forward to hearing from you and helping you meet your charitable gift giving goals.

PLANNED GIVING OPTIONS

The most common types of planned giving vehicles are gift annuities, charitable lead trusts, charitable remainder trusts, bequests and beneficiary designation.

Gift Annuities - A charitable gift annuity provides you with lifetime income. To establish a gift annuity, you contribute funds or assets to a non-profit organization, and that nonprofit organization in turn makes fixed annuity payments to you from its general assets for the rest of your life. You receive an immediate income tax deduction for a portion of the gift, and a portion of each annuity payment is treated as a tax-free return of the investment. The portion of the gift not used for payments benefits the nonprofit organization.

Charitable Remainder Trusts - A charitable remainder trust allows you and/or other designated beneficiaries to receive income from a trust for your lifetime, or for a period of years. At the end of that time, the balance of the trust is transferred to a charity that you have selected. You can take a charitable deduction for a portion of the gift you make to the trust in the year the trust is formed. The two most common types of charitable remainder trusts are annuity trusts and unitrusts, which differ in how the income you receive from the trust is calculated.

Charitable Lead Trusts - A charitable lead trust allows you to designate a charity to receive a regular, fixed amount from a trust for a specific time period or the lifetime of a designated person. At the end of that time period, the remainder of the trust passes to designated heirs or other non-charitable beneficiaries on a tax-favored or tax-free basis.

Charitable Bequests - The term "charitable bequest" is used to describe anything you give or leave to charity from your estate through a will or a revocable living trust. An estate is any property, money or personal belongings that you may have at the time of your death. Most people have an estate when they die, even though they may not have a great deal of wealth. Even an individual with a small estate can arrange to leave a charitable bequest.

You can arrange to bequeath a gift from your estate in several different ways. You can set aside a specific dollar amount, leave a percentage of your estate, or leave any assets left over after your family has been provided for. Some people use a bequest to give a charity something they own, such as a car, home, art or jewelry. Others leave a paid life insurance policy or other financial investments such as stocks, bonds or CDs. These gifts may provide tax savings.

Beneficiary Designation - By designating a charity as the beneficiary of your life insurance or retirement assets, you can enjoy some flexibility in your charitable giving as well as certain tax advantages. The designated charity will receive the specified assets upon your death, and you have the option of changing the eventual recipient throughout your life.

What's the Next Step?

The Salesian Boys' & Girls' Club has established a team of experts to help supporters and friends of the Club with their planned giving needs. If you would like to schedule a confidential meeting with a member of the Salesian Boys' & Girls' Club's Planned Giving Team, please call the Club at 415-397-3068 and ask for the Development Director, Russell Gumina. He will contact you within a few days and make arrangements to answer any questions you may have. If you prefer, he can be reached by e-mail at rgumina@salesianclub.org.

Frequently Asked Questions

When most people are asked about "Planned Giving" they respond by saying that they want to leave their assets

Is there a way you can provide for your family and still leave money to your favorite charity?

Are there tax benefits from making planned gifts to charities?

Is there someone who can help me determine what the best type of planned gift will be for me?

Although every person's situation is unique, the answer to these frequently asked questions is usually "yes, yes and yes!"