School Foundation
Poplar Bluff Public School Foundation
There are many ways to give to the Foundation, and it is at the donor's discretion. If you make a contribution, you have the following options:
- Contribution with no strings, allowing the Foundation to use the funds at its discretion
- Contributions for specific projects
- Contributions where only the interest is used to provide ongoing projects, such as scholarships
Cash or Check — The easiest way to contribute, whether by check or credit card. Send a check or go to our website to make a gift or set up a regular giving program.
Appreciated Assets — You could benefit the charity more by donating appreciated property, whether it is stocks, real estate, or personal property. If you transfer the assets to the charity, you may receive a tax deduction and avoid capital gains taxes.
Life Insurance — Life insurance may be donated in two ways: (1) Transfer ownership of the life insurance policy to the charity and receive a tax deduction, or (2) Designate the charity as a beneficiary of the policy — any tax benefits would be realized in the estate.
Retirement Plans — If you are 70½ or older, up to $100,000 annually may be given to a charity from your IRA. The distribution is not taxed and is not included as income. Many people designate their required minimum distributions (RMD) to a charity.
Donor Designated Accounts — One of the most popular methods of charitable giving. You may get a tax deduction each year a donation is made. You may earmark the funds for a specific program or scholarship, or let the Foundation use the funds as it needs. Your heirs may continue to control the use of the funds after you are gone.
A bequest may be the best alternative for you if you want to wait for your charitable giving. You can designate a percentage or specific amount to one or many charitable organizations. Your bequest can include stocks, bonds, personal property, and real estate, including your home, farm, rental or commercial property, or land.
There are many benefits to making a bequest:
- You control your assets during your lifetime
- Your charitable decisions can be changed at any time you wish
- Waiting through a bequest will not affect your cash flow during your life
There are many options for you to have a lasting effect on your community. We hope you will consider us in your charitable giving decision. Call us at (573) 785-7751 to discuss a strategy.
- Help provide educational opportunities for the children in our community
- Decide how you want your money used
- You may receive income and estate tax benefits
Tax Benefits of Charitable Giving
Charitable giving may offer many benefits for the donor, especially in the area of taxation. Individuals making charitable contributions may reduce income tax and estate tax, and sometimes provide income to the donor. The giving may be done while living or after death — there are benefits to each method. You should consult your tax advisor before you make a decision.
-
There are many ways to give to the Foundation, and it is at the donor's discretion. If you make a contribution, you have the following options:
- Contribution with no strings, allowing the Foundation to use the funds at its discretion
- Contributions for specific projects
- Contributions where only the interest is used to provide ongoing projects, such as scholarships
Cash or Check — The easiest way to contribute, whether by check or credit card. Send a check or go to our website to make a gift or set up a regular giving program.
Appreciated Assets — You could benefit the charity more by donating appreciated property, whether it is stocks, real estate, or personal property. If you transfer the assets to the charity, you may receive a tax deduction and avoid capital gains taxes.
Life Insurance — Life insurance may be donated in two ways: (1) Transfer ownership of the life insurance policy to the charity and receive a tax deduction, or (2) Designate the charity as a beneficiary of the policy — any tax benefits would be realized in the estate.
Retirement Plans — If you are 70½ or older, up to $100,000 annually may be given to a charity from your IRA. The distribution is not taxed and is not included as income. Many people designate their required minimum distributions (RMD) to a charity.
Donor Designated Accounts — One of the most popular methods of charitable giving. You may get a tax deduction each year a donation is made. You may earmark the funds for a specific program or scholarship, or let the Foundation use the funds as it needs. Your heirs may continue to control the use of the funds after you are gone.
-
A bequest may be the best alternative for you if you want to wait for your charitable giving. You can designate a percentage or specific amount to one or many charitable organizations. Your bequest can include stocks, bonds, personal property, and real estate, including your home, farm, rental or commercial property, or land.
There are many benefits to making a bequest:
- You control your assets during your lifetime
- Your charitable decisions can be changed at any time you wish
- Waiting through a bequest will not affect your cash flow during your life
There are many options for you to have a lasting effect on your community. We hope you will consider us in your charitable giving decision. Call us at (573) 785-7751 to discuss a strategy.
-
- Help provide educational opportunities for the children in our community
- Decide how you want your money used
- You may receive income and estate tax benefits
Tax Benefits of Charitable Giving
Charitable giving may offer many benefits for the donor, especially in the area of taxation. Individuals making charitable contributions may reduce income tax and estate tax, and sometimes provide income to the donor. The giving may be done while living or after death — there are benefits to each method. You should consult your tax advisor before you make a decision.