Make the Most of your charitable giving
Planned gifts can provide increased income and valuable tax savings to you, while at the same time allowing you to make a significant commitment to the future of the Maison Fortuné Orphanage. Planned giving options include bequests, trusts and life-income gifts. These provide donors with the satisfaction of knowing they are leaving a legacy of philanthropic support by giving a planned gift to an organization close to his or her heart. These gifts can help secure the future health and success of the organization.
[Rick Martin, Treasurer]
In the past, the Foundation has reached out to our donors asking for support to the current operating budget for food, clothing, housing, etc…to meet the immediate needs of the Maison Fortuné Orphanage. But the Foundation is also interested in the sustainable future support to create a lasting mission that provides for the children of Maison Fortune in Hinche, Haiti. The Foundation created an Endowment Fund just for that purpose many years ago – to provide for the future mission at Maison Fortuné. Donors continue to have the opportunity and option of supporting that Endowment through direct donation or through Planned Giving.
Though current operations are our priority, the Endowment must also grow and be supported. A planned gift is any major gift, made in lifetime or at death as part of a donor’s overall financial and/or estate planning. The Foundation can accept gifts of cash that may be tax-deductible depending on your tax situation. You might also consider donating a gift of life insurance where the death proceeds from the insurance are paid to the Foundation. There are also Charitable Trusts where a donor may want to make a donation to the Foundation, but not give undivided Trust interest to the Foundation. All of these options are available, but in all cases, you should consult your financial adviser, tax attorney, and estate attorney to determine what is best for you. Thank you for your continued generous support. Questions related to Planned Giving can be sent to donate@localhost.
Planned gifts typically offer substantial tax savings to donors, especially on appreciated properties and securities. A planned gift can reduce income tax and avoid capital gains tax.
Making the Most of Your Gifts
As you think about making your contribution to MFOF please keep in mind your Company may match your donation amount! Many corporations have matching gifts programs and match dollar for dollar an employee’s contribution to a specific organization. We are also happy to help with the paperwork to facilitate the matching gift. Check with your company and we look forward to your gift!
We also suggest that you consider gifts to charity in lieu of holiday gifts. The internet makes it easier than ever to connect loved ones with your favorite charity as an alternative to traditional gift-giving. Together your friends can make a bigger impact – here are some holiday gifting ideas to help you get started:
- Support a child with the gift of meals for three months: $100
- Support the high school tuition for an MFO resident: $250
- Sponsor a year of school for a University Student in Haiti: $2500