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More Ways to Give

Maximize the benefits of your gift and leave a lasting legacy for future generations. Charitable bequests, gifts of stock and gifts of real estate play an increasingly significant role in helping TreePeople achieve its mission.

Learn more about these special ways to give:

 

IRA Charitable Rollover

The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 has extended the IRA Charitable Rollover for 2010 and 2011. This rollover provision gives you the opportunity to help TreePeople grow a sustainable Los Angeles.

Who can do this?

Individuals who are age 70½ or older at the time of the contribution.

How do I know if an IRA charitable rollover is right for me?

  • You do not need the additional income necessitated by the minimum required distribution.
  • OR, your charitable gifts already equal 50% of your adjusted gross income, so you do not benefit from an income tax
    charitable deduction for additional gifts.
  • OR, you do not itemize deductions.

What is the procedure to execute an IRA charitable rollover?

Time is limited, so contact your IRA provider to learn their procedure. Please let us know when you direct the rollover so we can look for the gift. Contact TreePeople’s Development Manager, Sara Laubacker at (818)753-4631 or slaubacker@treepeople.org.

What kinds of retirement plans are included?

Transfers must come from your IRAs directly to TreePeople. If you have retirement assets in a 401(k), 403(b) etc., you must first roll those funds into an IRA, and then you can direct the IRA provider to transfer the funds from the IRA directly to TreePeople.

What are the tax implications to me?

Federal – You do not recognize the transfer to TreePeople as income, provided it goes directly from the IRA provider to us. However, you are not entitled to an income tax charitable deduction for your gift.
State – Each state has different laws, so you will need to consult with your own advisor. It is possible that some states will not follow the standard procedure of simply excluding the distribution from income. This may be an important consideration since some states do not have charitable contributions as part of their state tax law.

Does this transfer qualify as my minimum required distribution?

Once you reach age 70½, you are required to take minimum distributions from your retirement plans each year, according to a federal formula. IRA charitable rollovers count towards your minimum required distributions for the year.

What is the maximum amount?

The amount cannot exceed $100,000.

Is there a deadline?

For a transfer to count in 2011 the window doesn’t close until Dec. 31, 2011.

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Legacy Grove: charitable bequests

By planning now for a bequest in your will or living trust, you may realize significant tax savings, avoid complications for your heirs and, in some cases, provide income to yourself or a loved one. You will also join other major donors in becoming part of TreePeople' Legacy Grove.

Planned gifts like yours will help us sustain our vital work for years to come, benefitting your children, grandchildren and future generations. No matter the size of your estate, a bequest contribution is sure to make a meaningful and significant impact. A will can help ensure your estate is settled more quickly and with

TreePeople' Senior Director Development and Marketing, Craig Prizant, will be happy to explain some of your options for making planned gifts. You may contact him at cprizant@treepeople.org or (818) 623-4860. Please be assured that all requests for information are without obligation and are held in the

For legal and financial advice, we encourage you to speak to your

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Gifts of stock

Gifts of stock are a popular way to support TreePeople's work and can mean significant tax benefits for you. Please consult your tax advisor for details. TreePeople accepts electronic delivery of stock to Dain Rauscher, DTC 0235, account number 110180095446 (in the name of TreePeople).

Please contact Craig Prizant, TreePeople's Senior Director, Development and Marketing, at cprizant@treepeople.org or (818) 623-4860 with the transfer details so we can prepare to receive the stock in our account.

If you prefer to transfer the physical stock, please contact Collin Rigler at Dain Rauscher for more information at collin.rigler@rbc.com or (310) 205-7732. TreePeople's tax identification number is 23-7314838.

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Gifts of real estate

Gifts of real estate may also carry some attractive tax benefits for you. Again, consult your tax advisor for details. Please contact Craig Prizant, TreePeople's Senior Director Development and Marketing, at cprizant@treepeople.org or (818)623-4860  to discuss gifts of real estate.

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Car Donations

Looking to donate your car? Would you like the proceeds to go to TreePeople? You are in luck! TreePeople is listed as one of the receiving charities on Cars 4 Causes and People' Choice Charities, which accepts car donations. Feel free to visit their website, http://www.peopleschoicecharities.org , or call at (888) 463-5353 OR go to http://www.cars4causes.com, or call at (800) 766-2273. Be sure to select TreePeople as your donation recipient!

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