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Anytime of the year is a good time to reflect on the direction our life
has taken and give thanks for our blessings of the past year. It is also
a time when we look towards our financial affairs and how we can continue
to share with others our good fortune.
Below are just some of the ideas on how year-end-donations can provide
the greatest benefit to your family and help the South Dakota Wildlife
Federation (SDWF) that is a 501(c3) non-profit reach its goals and maximize
your tax benefits at the same time.
SDWF is willing to work on accepting
any type of donation: cash, stocks, land, merchandise and even your
used car.
Please contact our Executive Director:
Chris Hesla
PO Box 7075
Pierre, SD 57501-7075
605-224-7524
Donating Gifts of Securities
Some people choose to support the SDWF by donating gifts of appreciated
securities. In addition to providing SDWF with the crucial financial
support needed to conserve wildlife and wild places, you can save on
capital gains taxation on your appreciated securities.
STOCK CERTIFICATES |
To use stock certificates, you need a stock power for each certificate
that you plan to donate. These stock powers need to be signature
guaranteed - simply go to your local bank or broker and have them
witness your signature. They will stamp it accordingly.
After you have signed the powers (do not sign the back of the
certificate(s)), mail the certificate(s) in one envelope and the
signed stock powers with the signature guarantee in a separate
envelope. Mail the two envelopes to:
South Dakota Wildlife Federation
Attn. Chris Hesla
PO Box 7075
Pierre, SD 57501-7075
NOTE: To ensure the arrival of your gift, we recommend that
the stock certificate be sent by certified mail with return receipt.
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STOCKS HELD
THROUGH YOUR BROKER
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To have your broker transfer shares to SDWF electronically,
most brokerage firms will require a letter of intent from you to
request the transfer. When doing so you can provide the following
account information to them or simply have them call Chris Hesla
at 1-605-224-7524 for the information.
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MUTUAL FUNDS
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To donate mutual funds, it may be necessary for SDWF to set
up a new account with your mutual fund company and have the shares
transferred into that new account. Once received, we liquidate
the shares. We can handle setting up the account ourselves; simply
provide us with the name and phone number of your contact. Most
brokerage firms require a letter of intent from you or a Transfer
of Ownership form to request the transfer. We can help you coordinate
this, just contact Chris Hesla at 1-605-224-7524.
In order to retain the tax benefits for yourself, in all three
options, it is very important that you do not sell the shares!
If you sell the shares, the IRS will consider any subsequent
gift made to SDWF to be a cash gift and will tax you on all the
capital gains. But, if the shares you are donating have decreased
in value from your original cost, you should consider selling
the stock and donating the cash to SDWF. This way you can take
a capital loss deduction on your income tax and a charitable
deduction for the full amount of the donation.
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MEMORIAL AND
TRIBUTE GIFTS
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Memorial and tribute contributions provide a special opportunity
to let family and friends know they are being remembered.
A memorial gift is a thoughtful and caring way to express sympathy
while sharing concern for our environment.
A tribute gift provides the unique opportunity to honor special
people on birthdays, graduations, weddings and other memorable
occasions. It is a great way to show a family member or friend
that you share and respect their love of wildlife and wild places.
You can make a gift online by clicking on the "Make a Donation"
button or you can make a gift by phone by calling Chris Hesla
at 1-605-224-7524. When
you make
your
gift
we will send the family or individual a card notifying them of
your thoughtfulness.
(Donations are handled through PayPal)
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SDWF CHARITABLE
GIFT ANNUITY
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The charitable gift annuity is a wonderful way to ensure a lifetime
income for you while supporting the important work of organizations
like SDWF.
In return for your irrevocable gift of cash or securities, SDWF
pays you a steady income, or annuity. Annuity rates for donors
age 60 and over range from 5.7-11.3% and your annuity rate is
based, in part, on your age.
Benefits for You
Benefits of charitable gift annuities include:
- Annuity payments that are partially tax-free
- A charitable tax deduction in the year you make your gift
- Potential capital gain and estate tax benefits
- Satisfaction in knowing that you are providing for wildlife
and our environment
Many SDWF friends find that a gift annuity allows them a wonderful
opportunity to increase current income - often at a higher rate
than they currently receive. Annuity payments are not affected
by fluctuations in the stock market. You may choose to donate
long-term appreciated securities to establish your gift annuity
without incurring an immediate capital gains tax. The gain is
smaller than it would be on a sale - and is spread ratably over
your life expectancy.
Example
Bob is 75 years old. He would like to support in some way and
he also is looking for a way to secure a higher return than his
CD's are providing. At age 75, Bob's annuity rate is 7.1%. If
he makes a gift of $10,000, Bob will receive $710 each year.
A portion of Bob's annuity payment is considered tax-free for
income tax purposes. In addition, he may be eligible to take
a sizable charitable contribution deduction in the year he makes
the gift.
Thank you for considering a gift to benefit you and SDWF.
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CORPORATE GIVING
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NWF is pleased to accept the support of the corporate community.
Businesses can direct donations toward general support of SDWF,
or for specific projects of special interest. Corporate support
is especially important in funding SDWF’s education programs
for kids and families, including our annual, Conservation Camp
program.
For additional information about SDWF’s corporate giving
program, or to learn how your business can make a donation, please
contact Chris Hesla at sdwf@mncomm.com or call 1-605-224-7524.
Or send your donation or questions to:
South Dakota Wildlife Federation
Attn. Chris Hesla
PO Box 7075
Pierre, SD 57501-7075
The South Dakota Wildlife Federation welcomes corporate support,
in adherence to our policy, which precludes conflict of interest
in acceptance of gifts.
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