capita foundation - planned giving

Legacy gifts create opportunities for both our donors and the Capita Foundation. A carefully considered gift of assets allows you to make a meaningful charitable contribution without affecting cash flow during your lifetime. Determining what gift is right for you, your family and your estate is just as important as making the gift.

	Planned Giving Legacy gifts create opportunities for both our donors and the Capita Foundation. A carefully considered gift of assets allows you to make a meaningful charitable contribution without affecting cash flow during your lifetime. Determining what gift is right for you, your family and your estate is just as important as making the gift. Gifts of Securities The IRS allows you one of its most significant tax breaks for gifts of appreciated securities. You can also consider the transfer of stocks that have depreciated in value over time and receive a substantial tax savings, or you can consider the transfer of securities that you have held for a minimum of one year that have appreciated, and avoid federal capital gains tax plus receive a charitable deduction for the fair market value of the gift. Benefits of donating securities include: You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them. You pay no capital gains tax on the securities you donate. You can direct your gift to a specific fund or purpose. You can have the satisfaction of making a significant gift now or funding a life-income gift that benefits the Capita Foundation later. Retirement Plan Assets Your retirement plan may be worth more when donated to a charity than when bequeathed to your heirs. And if you're like many Americans, your financial future will likely revolve around your retirement plan assets. To maximize the value of a retirement account, consider making a lifetime gift of its after-tax values to a tax-exempt deferred giving plan. You name the Capita Foundation as the beneficiary of your IRA, 401(k) or other qualified plan. Any residual left in your plan when you die passes to the Capita Foundation tax-free. Current legislation extends the opportunity for donors aged 70½ and older to direct lifetime distributions from their IRAs to the Capita Foundation without incurring income tax liability on the withdrawal. The provision will be in effect for just the 2008 and 2009 tax years. Distributions to the Capita Foundation plus other charitable beneficiaries can total $100,000 per year, and must be made outright – they cannot fund a life-income gift. Savings Bonds Savings Bonds, which were purchased at a discount long ago, and possibly no longer even accruing interest, are ideal assets to transfer on a testamentary basis because, like qualified retirement plans, they produce income in respect of a decedent and are therefore subject to income taxes in the hands of those who inherit them-unless they are bequeathed to charity. A tax-wise use for your appreciated savings bonds is to support a cause you care about. Life Insurance Create a significant endowment for without dipping into your capital assets. Donating your life insurance could be a wonderful way to fulfill your desire to support our work. By making the Capita Foundation the beneficiary of an existing policy, you make good use of your resources and expand your ability to make a significant gift. Bequests and Wills You may include the Capita Foundation in your will or add a codicil to an existing will. A contribution to our mission, included in your will, can reduce the size of your estate and reduce federal and state estate taxes. Let Us Know We hope you’ll tell us when you have named the Capita Foundation in your will. We would very much appreciate the opportunity to thank you personally for your generosity. The official bequest language for the Capita Foundation is: “I, (name), of (city, state and zip) give, devise and bequeath to the Capita Foundation (written amount or percentage of the estate or description of property) for its unrestricted use and purpose.” To make an appointment to discuss a planned gift (either by phone or in person), contact Nicole Miller-Coleman in the office of philanthropy at 619-600-1407 or nicole@capitafoundation.com. Unendorsed stock certificates can be sent to: The Capita Foundation 4082 Nabal Drive La Mesa, CA 91941-7038 Also send signed stock power in a separate envelope to the above address. If your broker holds a stock, you can instruct them to contact Marianna, our Treasurer, at 619-328-8771. The Capita Foundation is an independent, privately funded 501(c)(3) nonprofit organization Tax ID (EIN) # 20-1685136. back to top	download a donation form ways to give corporate partnerships our supporters
capita foundation	4082 nabal drive \| la mesa, ca \| 91941-7038	619-849-9850 \| info@capitafoundation.com

Gifts of Securities

The IRS allows you one of its most significant tax breaks for gifts of appreciated securities. You can also consider the transfer of stocks that have depreciated in value over time and receive a substantial tax savings, or you can consider the transfer of securities that you have held for a minimum of one year that have appreciated, and avoid federal capital gains tax plus receive a charitable deduction for the fair market value of the gift. Benefits of donating securities include:

You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
You pay no capital gains tax on the securities you donate.
You can direct your gift to a specific fund or purpose.
You can have the satisfaction of making a significant gift now or funding a life-income gift that benefits the Capita Foundation later.

Retirement Plan Assets

Your retirement plan may be worth more when donated to a charity than when bequeathed to your heirs. And if you're like many Americans, your financial future will likely revolve around your retirement plan assets. To maximize the value of a retirement account, consider making a lifetime gift of its after-tax values to a tax-exempt deferred giving plan.

You name the Capita Foundation as the beneficiary of your IRA, 401(k) or other qualified plan.
Any residual left in your plan when you die passes to the Capita Foundation tax-free.
Current legislation extends the opportunity for donors aged 70½ and older to direct lifetime distributions from their IRAs to the Capita Foundation without incurring income tax liability on the withdrawal. The provision will be in effect for just the 2008 and 2009 tax years. Distributions to the Capita Foundation plus other charitable beneficiaries can total $100,000 per year, and must be made outright – they cannot fund a life-income gift.

Savings Bonds

Savings Bonds, which were purchased at a discount long ago, and possibly no longer even accruing interest, are ideal assets to transfer on a testamentary basis because, like qualified retirement plans, they produce income in respect of a decedent and are therefore subject to income taxes in the hands of those who inherit them-unless they are bequeathed to charity. A tax-wise use for your appreciated savings bonds is to support a cause you care about.

Life Insurance

Create a significant endowment for without dipping into your capital assets. Donating your life insurance could be a wonderful way to fulfill your desire to support our work. By making the Capita Foundation the beneficiary of an existing policy, you make good use of your resources and expand your ability to make a significant gift.

Bequests and Wills

You may include the Capita Foundation in your will or add a codicil to an existing will. A contribution to our mission, included in your will, can reduce the size of your estate and reduce federal and state estate taxes.

Let Us Know

We hope you’ll tell us when you have named the Capita Foundation in your will.

We would very much appreciate the opportunity to thank you personally for your generosity.

The official bequest language for the Capita Foundation is:

“I, (name), of (city, state and zip) give, devise and bequeath to the Capita Foundation (written amount or percentage of the estate or description of property) for its unrestricted use and purpose.”

To make an appointment to discuss a planned gift (either by phone or in person), contact Nicole Miller-Coleman in the office of philanthropy at 619-600-1407 or nicole@capitafoundation.com.

Unendorsed stock certificates can be sent to:

The Capita Foundation
4082 Nabal Drive
La Mesa, CA 91941-7038
Also send signed stock power in a separate envelope to the above address.
If your broker holds a stock, you can instruct them to contact Marianna, our Treasurer, at 619-328-8771.

The Capita Foundation is an independent,
privately funded 501(c)(3) nonprofit organization
Tax ID (EIN) # 20-1685136.

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