Gifts of Cash: Cash gifts are the most common form of giving and are as easy as writing a check or charging your gift to a credit card. You can deduct 100% of the gift amount from your federal income tax, so your net cost is less than the face value of the contribution.
Securities: Giving appreciated stocks and bonds is an excellent way to support the Cancer Center’s programs. This type of gift usually qualifies not only for the income tax deduction associated with all charitable gifts, but can also eliminate capital gains tax.
Planned Giving: Depending upon your personal goals, a planned gift to June E. Nylen Cancer Center can address several estate issues. Whether you are interested in saving taxes, preserving your wealth, transferring assets, or creating a life income stream, a planned gift can bring attractive financial benefits to you and your family.
Bequests allow you to leave your legacy by considering gifts in your will first to friends and family, then charitable organizations. A bequest is usually money or property and is one of the simplest ways to remember those you care about.
Individual Retirement Accounts (IRA’s). Charitable gifts can be made via an IRA, company-sponsored pension, and profit sharing plans.
Life insurance gifts can be used to create a contribution with no out-of-pocket expense to the donor. By changing the beneficiary and owner of an existing life insurance policy to June E. Nylen Cancer Center you can make a significant future gift possible and affordable. The purchase of a new policy, owned by June E. Nylen Cancer Center, is another attractive option. Gifts to the Cancer Center to cover premiums are deductible for those who itemize, and can be in the form of capital gain property for a second tax savings.
Farm or Residence with Life Estate. A farm or residence is given to the Cancer Center, and the donor continues living on the property and uses it for life.