Thank you for
considering a gift to Child & Family Services of Southwestern Michigan, Inc. (CFSSWMI). Friends donate property to CFSSWMI
as a significant way to support the agency. But they also know they will receive attractive financial benefits as a result
of the gift. These benefits have contributed to the increasing interest in property donations. Since 2003, over $5.9 billion
of real estate and $829 million of art and collectibles has been gifted annually to nonprofit organizations and educational
institutions. Every gift is important and goes a long way towards ensuring long-term stability for the future of the
programs of CFSSWMI.
There are a number of ways to support
CFSSWMI. You may choose to make an outright gift to the annual operating fund, a commemorative or memorial gift to the
agency through the Berrien Community Foundation, or perhaps you would like to leave a legacy by including CFSSWMI in your
estate plans. We will be delighted to welcome you to the Child & Family Service of Southwestern Michigan, Inc. family.
Depending on the nature of your gift and on your needs and objectives, you can potentially:
- Avoid capital gains taxes due on the sale of property.
- Reduce income
taxes.
- Reduce estate taxes.
- Receive an annual
income.
- Eliminate the burden of maintaining and paying for property.
- Support CFSSWMI in an alternative way.
- Create a significant
legacy.
Personal
Property Donations
Land or other real property may be given to Child
& Family Servicse as an outright gift or used as an asset within a charitable trust. You may also opt to donate a home
and retain the right to occupy the property throughout one's lifetime, Personal proerty, such as paintings or rare books,
may also be contributed. If you are interested in discussing the advantages of such a gift, contact our financial director
at 269-925-1725.
Gift Planning
Planned gifts, such as charitable remainder trusts
and gifts to CFSSWMI, benefit the agency and can provide you with income for life. you may also enjoy significant benefits,
including tax deductions, avoidance of capital gains taxes, and increased income. For more information on planned gifts, please
contact our Financial Director at 269-925-1725.
Bequests
A gift to the agency in a will
allows you to make a substantial contribution to the agency without diminishing valuable assets. A bequest can also significantly
reduce estate taxes.
Knowing if it is Right
As you think about a gift of real estate or personal property, consider what you own and ask yourself
the following:
- Do I have real
estate that is difficult or expensive to manage?
- Will I owe significant taxes if I sell?
- Do I have a substantial taxable income that a gift of property might offset?
- Do I have a property that, if donated, would provide
me with income?
- Do
I own a piece of art that I don’t enjoy as much as I once did?
If you answered, “yes,” to any of the questions
above, you could benefit by gifting property to CFSSWMI.
It is the policy of Child & Family
Services of Southwestern Michigan, Inc. not to sell or exchange its agency donor list with other organizations or disclose
privileged information regarding donors or gifts to unauthorized parties. If a donor wishes to remain anonymous or their gift
is restricted, this is duly recorded and honored.