A Bequest in Your Will
Bequests are an important part of your personal legacy, representing your life and values. They are relatively easy to establish and maintain, and provide an ideal opportunity to create a lasting gift to Closer to Home. Your bequest can be for a specific amount or a percentage of your estate.
- A bequest is a cost-effective way to establish a substantial gift to Closer to Home while maintaining financial security. You can make a commitment to support Closer to Home now but retain your funds during your lifetime.
- A bequest is also a tax-effective means of supporting Closer to Home: Your estate may claim gifts in the year of death equal to 100% of your net income in that year and the preceding year. A bequest is revocable and can be changed if your financial situation changes.
- A bequest is a great way to leave a lasting testimony and fulfill your personal wishes for Closer to Home.
To establish a bequest, please use Closer to Home’s full registered name “Closer to Home Community Services” in your bequest clause. Our charitable registration number is 89823 5759 RR0001.
Donate Securities
A donation of publicly traded securities is one of the most effective and powerful ways to make a difference in our community while benefiting from significant tax advantages.
With a gift of appreciated stock, you will receive the benefit of a tax receipt for the fair market value of the stock, and not be subject to pay the capital gains tax. The elimination of the capital gains tax on a gift of securities may create a considerable tax advantage for you, which in turn reduces the cost of making such a donation.
In order to take advantage of the tax advantage, gifts must be made in the form of securities that are not sold prior to the donation being made.
To make a gift of stock is easy. Simply download the Gift of Securities CTH Web Forms document and follow the instructions. Closer to Home will provide you with a charitable tax receipt for the full market value of the donated stock at the day the stocks are transferred to Closer to Home from your broker.
We welcome the opportunity to meet with you and your advisors to discuss your stock, bond or mutual fund giving options.
Learn More
For more information about all legacy giving options, please contact our Fund Development Team at (403) 543-0550 or giving@closertohome.com.