TO THE KIDS AND THEIR GREAT FUTURES
Ensuring that youths have access to proper academic services, building healthy habits, and guidance towards becoming good citizens of the society has always been the priority of Boys & Girls Clubs of Oakland. Please join us in providing the necessary support to the deserving kids of Oakland and contribute today!
WAYS TO GIVE
“Annual youth fund” campaign
The Goal of Boys & Girls Clubs of Oakland’s (BGCO’s) Annual Youth Fund (AYF) campaign is to secure our annual goal, in funds, towards operating, in contributions from individuals, businesses, foundations and other supporters to strengthen the sense of partnership and participation in the organization’s mission — to develop our community’s youth into positive contributors to society. The benefits of your gift will last for a lifetime through the lives of our children, youth and families.
Boys & Girls Clubs of Oakland is a 501(c)(3) non-profit organization. (Tax ID - 94-1279794)
Commitments to the AYF Campaign can be made in a variety of ways including:
by Check:
This includes gifts of cash, long-term appreciated securities, including mutual funds.
Checks can be mailed to our Club Services Center at:
Boys & Girls Clubs of Oakland
P.O. Box 18770
Oakland, CA 94619-0770
A Gift of appreciated stock or other appreciated property:
Gifts may be paid through real estate or tangible personal property — e.g. automobiles, boats or works of art. Most real estate has appreciated faster than the rate of inflation and offers great potential in charitable gift planning. We would be happy to explore with you a gift of a home, vacation property, condominium, undeveloped land, or other real estate in support of the campaign. For instance, you can transfer ownership of your personal residence (or other real estate) to the Club and receive (a) recognition for a significant gift to the campaign; (b) a current income tax deduction for the property’s discounted value; and (c) continue to use the property for as long as you live.
* Please consult your tax advisor for current and accurate information.
Pledges
A pledge (direct of workplace, i.e.; United Way) is simply a binding commitment to pay a specified amount sometime in the future — and it may be paid quarterly or monthly over one year. By using a campaign “Statement of Intent”, you may make a commitment which will allow you to modify your payment schedule in the event of unforeseen circumstances.
* Please consult your tax advisor for current and accurate information.
Materials (Gifts-In-Kind)
Under certain conditions, it is possible to accept gifts of goods or services — usually called “in-kind” gifts. The donor may claim as a tax deduction, any gift of inventory based on the lower of the donor’s costs or fair market value. Examples: merchandise, building materials, equipment, landscaping, printing and so forth. Although a donor may not claim a tax deduction for personal services, he/she may claim incidental expenses incurred for such items as meals, mileage, parking and supplies.
Below is our current Wishlist for the 3 Clubhouses!
* Please consult your tax advisor for current and accurate information.
Other giving options
Some individuals may wish to make a true “once-in-a-lifetime” commitment to the programs of the Club, but they lack the “cash” to give as much as they would like to do now. Instead, they may have other assets — e.g., life insurance, appreciated real estate or securities — and may wish to establish a trust or make a bequest. Through these methods, they can make a significant contribution toward this program and, as a result, may qualify for permanent recognition in the new facilities.
* Please consult your tax advisor for current and accurate information.
A Bequest
You can remember BGCO as the beneficiary in your will or family trust agreement with proceeds to manifest upon your death. You can also specify an interest in property, a security, cash, assets in a retirement plan, proceeds from life insurance policies and other such instruments in a bequest.
* Please consult your tax advisor for current and accurate information.
Life insurance
It is possible for you to make a magnificent commitment to BGCO’s Annual Youth Fund Campaign through a life insurance gift. Through relatively modest annual gifts, you can create a potentially major gift. Plus your annual premiums will be deductible for income tax purposes. Perhaps you own an insurance policy which is no longer need for its original purpose. Such a policy can be given to the Club. In general, you will be entitled to an income tax deduction for the cash surrender value and can deduct the amount of future premiums paid. Generally, the gift amount credited toward this campaign in your behalf will be the amount of the annual premium due on the policy.
* Please consult your tax advisor for current and accurate information.
Gifts to charitable Trusts
We are happy to work with you and your financial advisor to create an income arrangement which suits your unique circumstances and presents significant tax benefits to you as a donor. For example, you may choose a fixed or fluctuating payment, the rate of such payment and many other features, to suit your needs. You will incur no capital gain tax on the transfer of appreciated, long-term securities or real estate to the trust and you will receive an income tax deduction for the part of the gift. As with all of the Club’s life income plans, the funds will be available to the Club on the death of the beneficiary, you or someone else. Through a transfer of cash, securities or real estate into a charitable Lead Trust, the Club will receive income from the trust for a set number of years after which the trust principal is returned to a designated beneficiary other than yourself.
* Please consult your tax advisor for current and accurate information.
For further information on planned gift opportunities, contact BGCO’s Advancement Office at (510) 444-8211, at Arkayevans@BGCOakland.org, or your tax advisor for assistance.