There is no easier way to garner a charitable deduction for 2013 – and support Orient Land Trust at the same time – than by simply writing a check or making a donation on-line with a credit/ debit! When renewing your membership in OLT, please consider adding on a donation to support the broader mission of OLT that includes, besides the hot springs, open space land conservation, environmental education, sustainable agriculture/ ranching practices, holistic grazing and permaculture systems, and job skills training for youth of the valley.
Benefits of a Gift of Cash
- It’s the simplest asset with which to make your donation — no appraisal or acceptance requirements as with gifts of appreciated property.
- Delivers a gift that Orient Land Trust can use immediately and is the easiest for OLT to accept.
- You receive a full charitable deduction, and apply it against a larger percentage of your taxable income than a deduction for a property gift.
There's an extra benefit:
You can claim the entire amount of your cash gift as a charitable income tax deduction up to the amount allowable by the IRS – please consult your tax advisor concerning this allowable amount.
Make sure your mail envelope, money-order, wire transfer or on-line donation is postmarked, dated or charged by the end of the year on December 31st. If it is, your gift will qualify as a 2013 gift even if it not received by OLT until the first week of 2014. The check should be made out to Orient Land Trust.
REMEMBER
Although a cash gift can provide immediate benefit to OLT, you can also use it to fund a life-income plan such as a charitable gift annuity.