BUILD RESILIENCE WITH A GIFT TODAY
Pledges: Make your gift in the form of a pledge, payable over three years. Pledges give you the opportunity to make a transformational gift over time rather than making payment in full within a single year. To make a pledge, please complete a Building Resilience Commitment Form.
Cash: You are welcome to make a one-time gift or payment on a pledge by cash, check, or credit card. Because TCAA is a 501(c)3 and a qualifying charitable organization, your donation may be tax-deductible and eligible for a dollar-for-dollar state tax credit. Please check with a tax advisor for your eligibility.
Matching Gifts: Maximize your donation to TCAA through matching gifts, a special benefit many companies offer their employees. Through matching gift programs, many companies allow employees the opportunity to multiply the impact of their personal contributions. Please check with your employer or human resources office to see if your employer offers a corporate matching gift program that will make your support go twice as far.
Donor Advised Fund/Family Foundation: Do you have a donor advised fund or a family foundation? You can support the Campaign and TCAA through a one-time donation or a multi-year commitment.
Qualified Charitable Distributions (QCD) from Retirement Accounts: If you are 70 ½ or older, consider making a gift directly from your retirement account(s). QCDs are also called IRA charitable distributions or IRA charitable rollovers and enable individuals to fulfill their required minimum distribution by a direct transfer of up to $105,000 to charity. For married couples, you can each make QCDs up to the $105,000 limit for a potential of $210,000. There are many tax benefits to donating this way as QCDs don’t increase taxable income, so both higher tax rates and phaseouts can be avoided. In addition, because QCDs reduce the balance of the IRA, they may reduce your
required minimum distributions in future years. QCDs are also not counted toward the maximum amounts deductible if you itemize charitable giving on your taxes—the $105,000 can be above and beyond those limits. A QCD can potentially enable you to give a bigger charitable gift than if you just donated cash or other assets. Your retirement advisor can assist you in directing a QCD to TCAA.
Securities: Appreciated assets such as stocks and bonds are an easy way to give. TCAA does not hold securities but rather initiates sales as quickly as possible upon receipt. A donation of securities that have been held for a year or more offers the potential for a double tax benefit—a full fair market value tax deduction and elimination of capital gains taxes.
Cryptocurrency: TCAA accepts cryptocurrency, that is easily converted to cash, through an agent. The agent then transfers the cash to TCAA within 48 hours of their receipt of the cryptocurrency. Please contact TCAA for the link to the agent.
Charitable Gift Annuity (CGA): CGAs are a way to support Tempe Community Action Agency while receiving tax favorable income. Benefits include making payments at a preferred frequency, a portion of the payout will be tax-free, and you receive an immediate tax receipt for a portion of the gift.
Real Estate and Personal Property: Gifts of real estate and personal property will be considered on an individual basis, guided by the agency’s Gift Acceptance Policy and Committee.
Paid-up Life Insurance: If you own an insurance policy that is no longer needed for its original purpose, it can be transferred to Tempe Community Action Agency which becomes the owner of the policy. In general, you will be entitled to an income tax deduction for the cash surrender value and can deduct the amount of future premiums paid to Tempe Community Action Agency.
BUILD RESILIENCE THROUGH A PLANNED OR DEFERRED GIFT
Bequests and Other Forms of Planned Gifts: You can include a gift for Tempe Community Action Agency in a will, trust, or by beneficiary designation. Depending on your age, other planned gift options may be available. A planned gift may be in addition to, or instead of, an outright gift.
Charitable Remainder Trust: A Charitable Remainder Trust will pay you a lifetime income, avoid capital gains taxes and provide an income tax deduction at the same time. The remaining portion of the trust, after all payments have been made, would then come to Tempe Community Action Agency.
