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Ways to Give to CrownDonate OnlineFor your convenience, Crown provides a means for you to securely make a donation using your credit card. Please use our secure online giving form for this purpose. Electronic Funds TransferTo have Crown College deduct your gift each month automatically from your bank account, please print and complete the authorization form and mail to the College.
By CheckPlease make your check payable to Crown College and mail to the following address: Crown College, Office of Advancement, 8700 College View Dr., St. Bonifacius, MN 55375. If you would like to designate your gift for a specific purpose, please indicate this on the memo line of your check. By PhoneCall our Advancement Office at 952-446-4137 or toll-free at 1-800-646-2586 to make your donation using your VISA or MasterCard.
Make a PledgeIf you desire to make a monthly, annual, etc. pledge to the ministry of Crown, please write to us indicating your pledge amount and frequency of your gifts and mail to: Crown Advancement Office, 8700 College View Dr., St Bonifacius, MN 55375 or email us with the information. Your gifts in support of your pledge may be made by check or by credit card using our online giving form. Matching Gift Program through your EmployerAccess our Company Search Database or check with your employer's human resources to find out if your employer will match your gift to Crown. Taking advantage of matching gift opportunities is a great way for you to double the impact of your gift to Crown. StockConsidering a gift of stock/securities? The information below will help you in knowing how to complete the gifting process. If you have questions or need further information or assistance, please contact our office at 952-446-4137 or toll-free at 1-800-646-2586 or email us. Why Give Stock/Securities? Our tax laws offer special incentives for gifts of non-cash property—especially property that has appreciated since it was acquired. How Much is Deductible? These types of gifts to charitable organizations and institutions are deductible from federal income tax returns for those who itemize. The deduction is for the current fair market value of the securities given. The deductible amount includes both what you paid and your gain. So, you may use the amount of the "paper profit" as a tax deduction even though it has never been taxed. This can dramatically reduce the cost of making a charitable gift and/or help increase the amount you can afford to give. Making the Gift After having made the decision of which security you would like to give and the total amount of your gift, you should complete the process with the assistance of your investment broker. The method chosen to make your gift will affect the date of transfer for valuation and other purposes. For Those 70˝ and Older: Tax-Free IRA Distributions For Charity in 2006 & 2007The federal government now permits individuals over the age of 70˝ to transfer funds from their IRA to a charitable entity (e.g. Crown College). These tax-free rollover gifts can be given in any amount up to $100,000. Up to this point any withdrawals from Individual Retirement Accounts would create a taxable event. Even the RMD (required minimum distribution) must be claimed on your 1040 as earned income. However, there has now been a change that opens a temporary opportunity to make a direct charitable gift from an IRA – without creating a taxable event. It’s very easy to make the gift by directing your custodian to move a portion of your IRA to Crown College. Your gift can be part of your required minimum distribution. To find out how you can give a charitable donation out of your IRA (without adding these funds to your taxable income), call our Crown College Orchard Foundation regional consultant Douglas Parkinson at 1-888-446-9501. Crown College partners with The Orchard Foundation to provide our Alumni and Friends with confidential and professional planned giving expertise to fit your personal planning situation. We recommend that you consult a tax advisor about your specific situation. Mutual Funds, Bonds, Notes, or MortgagesWhen giving other types of securities, please seek the advice of your broker or other professional financial advisor. |
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