New Pension Protection Act Helps
Those 70 1⁄2 years
and older give more Charitable Gifts Tax-Free!
The Pension Protection Act of 2006, which was signed into law on August 17, provides an additional method for income and estate tax savings through the use of charitable gifts. The applicable provisions, in summary, provide that a person age 70 ½ or older may make a charitable gift directly from his or her IRA of up to $100,000 per year (in years 2006 and 2007) without having to report the distribution as taxable income.
Aside from your home, an individual retirement account (IRA) may be the largest asset you hold--experts say more than $18 trillion of accumulated wealth is currently held in IRAs. Please consult your tax advisor to learn if the Pension Protection Act could help you to more easily give to East Meets West's life-changing programs.
Read More about the Pension Protection Act .
Stock Giving
Gifts of stocks, bonds, and
mutual funds to East Meets West are always welcome.
By donating shares of appreciated stocks that you have
owned for more than one year, you can avoid capital
gains taxes and take a federal income tax deduction
of 100% of the market value of the stock at the time
of your donation.
EMW is dedicated to making it
easy for you to give a donation of cash and/or securities.
Download the form below and then let us know that a
stock gift has been initiated by contacting Hazaiah
Williams, Chief Development Officer at 510-763-7045,
ext. 10 or 1-800-561-3378. Or email hazaiah@eastmeetswest.org.
Download
the Stock Donation Authorization Form (PDF)
Planned Giving
We welcome bequests and other
types of planned gifts, as well as gifts "in memory
of" a friend or family member. Please contact Hazaiah
for more information at 1-800-561-3378 or email hazaiah@eastmeetswest.org.
Matching Gifts Doubles the Giving
Power
If you are an employee or retiree from certain companies and organizations, your EMW contribution may be matched by your employer. See our list of companies that currently offer matching gifts. It's easy - contact your Human Resources administrator for details on how your company can join you in supporting EMW or contact EMW for more information at 1-800-561-3378.
View list of companies and organizations who may provide matching contribution.
