Ways to Give

There are many ways to support Hattie Larlham. Some of them are fast and easy like making a donation online. Others are more involved and may require meeting with your financial planner or attorney. Below is a list of the many ways you can support Hattie Larlham. Click each topic for more information about supporting Hattie Larlham.

Cash
Annual Fund
Memorial and Tribute Gifts
Employer Matching Gifts
Gifts of Appreciated Securities
Bequests
Gift Annuities
Life Insurance
Retirement Accounts
Charitable Remainder Trusts
Charitable Lead Trusts
Gifts in Kind
Attend Events

Hattie Larlham is happy to work with you and your professional advisors to customize a long-term giving plan that matches your specific financial needs and goals.

Cash

Gifts of cash, checks, money orders and credit card charges all help the lives of the children and adults served by Hattie Larlham. These gifts are accepted for any purpose consistent with our mission, values and goals. Donate Online.

Annual Fund

The annual fund raises unrestricted dollars from individuals, corporations and foundations to bridge the gap between Medicaid and the real cost of care for people with disabilities. The annual fund must raise approximately 10 percent of the current operating budget to maintain the level of quality therapeutic, nursing, education and recreation programs.

Donations to the annual fund are vital to the future of Hattie Larlham and the people we serve as they allow us to use your gift wherever the current need is greatest. This provides the ability to address immediate priorities and to bring direct benefits to children and adults in our care.

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Memorial and Tribute Gifts

A memorial gift is an appropriate way to honor the passing of a loved family member or friend or respected neighbor or colleague. A tribute gift is a thoughtful way to recognize someone for a special achievement or milestone, religious occasion or life-cycle event like a birthday, wedding, graduation or anniversary.

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Employer Matching Gifts

Double or even triple the impact of your donation to the Hattie Larlham Foundation by participating in your employer’s matching gift program.

Many employers will match your charitable contribution with an equal or higher amount if you are an employee, retiree, board member or if your spouse is. The Hattie Larlham Foundation is a 501(c)(3) nonprofit organization, an important qualification for many companies’ matching gifts programs.

If your company is eligible, request a matching gift form from your employer, complete the form and mail it along with your gift. The Hattie Larlham development department will do the rest. Learn more about employer matching gifts.

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Gifts of Securities

A gift of appreciated securities held for more than one year may provide significant benefits:

• Providing a charitable income tax deduction for the fair market value of the gifted securities as of the date of the gift
• Eliminating capital gains tax that would ordinarily become due if you had sold the appreciated securities on the open market and donated the proceeds to Hattie Larlham
• Claiming your charitable deduction against up to 30% of your adjusted gross income. Any unused deductions can be carried forward over the next five years
• Helping to achieve your long-term goal of reducing income and estate taxes

If you have securities that have lost value and are interested in donating them, it may be preferable to sell the securities first and contribute the proceeds to charity as opposed to gifting the securities outright. This process should permit you to claim a deduction for both the loss from the sale of the securities and the charitable gift. Please consult with your financial and tax advisors.

There are two ways to donate securities: physical or electronic delivery.

Physical Delivery: you may deliver securities to us in person, by registered mail or by courier. If they are registered in your name, you must provide an irrevocable stock/bond power form (PDF). To ensure that we properly acknowledge your gift for income tax purposes, please notify us in advance with our gift notification form (PDF).

Electronic Delivery: Your broker can electronically transfer your securities to us. This request must be made in writing usung the electronic transfer authorization form (PDF). Upon receipt of this form, our broker will advise us of your gift so that we may recognize your generosity and acknowledge your donation.

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Bequests

A bequest is an easy and popular way to support the mission of Hattie Larlham in the future. You can include a bequest provision in your will or revocable trust. Bequests can be changed or modified if your circumstances change and this will not affect your assets or cash flow during your lifetime. Your bequest reduces the value of your estate for federal estate tax purposes and is also usually exempt from state inheritance taxes. There are various types of bequests (general, specific, residual, contingent and percentage) and they can be either restricted for a particular use or purpose or unrestricted. Please advise us if you have included Hattie Larlham in your will or trust documents so that we may thank you and recognize your generosity.

Individuals interested in supporting the work of Hattie Larlham are asked to complete an Estate Intention form (PDF) to reference your future plans. For more information about bequests, please see types of bequests, which include sample bequest clauses. These sample clauses should be reviewed by your attorney before use.

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Gift Annuities

A gift annuity is a simple contractual agreement. In return for your donation of cash or securities, Hattie Larlham agrees to pay you and an optional second beneficiary a fixed amount for life. The payment amounts do not fluctuate and are secured by our assets. They are based on factors like age, number of beneficiaries, the current IRS Discount Rate and the starting date. You can select an immediate annuity, which begins paying you when you make your gift, or a deferred annuity, where payments start at a later date of your choice. Deferral delays your payout in exchange for a higher annuity rate and a larger charitable deduction.

Gift annuities provide several tax benefits. First, you receive an income tax deduction based on the full value of the contributed assets minus the present value of your retained life-income interest. Second, if appreciated securities fund the annuity, there is no upfront capital gains tax. Only part of your capital gain is reportable. The tax will be spread out over the time frame of your annuity payments. Third, part of each annuity payment is considered as the tax-free return of your principal. This essentially increases the cash flow from your annuity. Please note that the IRS treats the capital gain and tax-free-payment benefits as in effect during your life expectancy; if you live beyond that period, the entire annuity payment is taxed as ordinary income. To establish a gift annuity or obtain a personalized proposal, please complete and return charitable gift annuity form (PDF) to Hattie Larlham.

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Life Insurance

Donating a life insurance policy is often overlooked as a means to benefit the individuals served by Hattie Larlham. One way to help is to name us as the irrevocable owner and beneficiary of a paid-up policy that your family no longer needs. This action results in a charitable deduction amounting to the cash surrender value or basis, whichever is less. An alternative method to assist us is by purchasing a new policy on your life and naming Hattie Larlham as the owner and beneficiary. We will pay the premiums and you may deduct your gifts offsetting those payments.

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Retirement Accounts

You and your heirs will benefit significantly by naming Hattie Larlham as beneficiary of your IRA, 401(k), 403(b), Keogh or other qualified plan. You can take withdrawals during your lifetime and change the beneficiary if your circumstances change. Giving us all or part of your retirement plan assets through a will or revocable trust avoids both income and estate tax levied on the residual. This enables you to distribute your assets in a more tax-efficient manner, because you can use assets not subject to income tax (unlike retirement accounts) to make gifts to your heirs.

The Pension Protection Act of 2006 provides special opportunities for individuals aged 70 ½ and older. With certain restrictions regarding deadlines, amounts and conveyance procedures, donors can now make lifetime gifts using funds from their IRA without undesirable tax effects.

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Charitable Remainder Trusts

A charitable remainder trust is a powerful gift-giving and tax-saving device. There are two basic types: an annuity trust and a unitrust. An annuity trust makes fixed annual payments to the donor, their spouse and/or their beneficiaries for life or a specified term of years. Once created, additional contributions are not permitted. A unitrust pays a percentage of the market value of the trust assets (re-valued annually) to the donor or the named beneficiaries for life or a maximum term of 20 years. Unitrusts are usually drafted to allow future contributions that provide additional tax deductions. With both types, you transfer cash, securities or appreciated property into the trust. When it ends, the principal or remainder interest passes to Hattie Larlham. Generally, we will not serve as trustee. Charitable remainder trusts benefit the donor by providing an immediate income tax deduction for part of the contributions to the trust.

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Charitable Lead Trusts

For affluent individuals and families, a charitable lead trust is a valuable gifting strategy with major tax-saving incentives. It is designed for those who hold appreciating assets earmarked for the next generation. It reduces gift and estate taxes. The goal is not to increase income or reduce income tax, but rather to preserve the value of your estate. Under normal circumstances, we will not serve as trustee. After you donate cash, securities or other property to a trust, the trust then makes fixed annual payments to Hattie Larlham for a specified number of years. Upon the termination of the trust, the remaining principal passes to your heirs.

Establishing a charitable lead trust offers several substantial benefits. First, you qualify for a gift tax deduction for the present value of the annuity payments to Hattie Larlham. Second, the annuity payments and trust term can be adjusted to reduce or eliminate the transfer taxes due when the principal goes to your heirs. Third, all appreciation that builds in the trust passes tax-free to your heirs. Lastly, you can use your available estate tax credit to further reduce taxes on transfers to heirs.

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Gifts in Kind

Gifts of artwork, rare books, collectibles, coins, gems, equipment, supplies or other personal property are greatly appreciated. Upon receipt, Hattie Larlham may hold, display, use or sell the property and use the proceeds for our programs and services. You receive an immediate income tax deduction for the gift’s appraised value and pay no capital gains tax, provided that the donation meets the related use requirements of the Internal Revenue Service.

Please see our policies and procedures for gifts in kind.

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