Gifts of securities such as stocks, bonds and mutual funds are especially advantageous if you hold a security such as stock that has increased in value since you acquired it. By making a gift of stock held longer than one year, you avoid paying capital gains tax and you receive an income-tax deduction for the current market value of the gift. You may deduct gifts totaling up to 30% of your adjusted gross income in any year, with a five-year carry-over for any excess.Matching Gifts
Do you want to maximize the impact of your gift? Your gift can be doubled or even tripled by your employer! Here are the 4 easy steps:
1. Find out if your employer will match your gift by searching our list of companies that have matching gift policies.
2. If your employer matches employee contributions, request a matching gift form, fill it out and send it to the Emmaus Center . You can send the matching gift form in with you donation or at any time thereafter.
3. We will complete our portion of the matching gift form and return it to your employer. The matching funds will be sent directly to us.
4. Watch your contribution and you employer?s matching contribution go towards changing and rebuilding the lives of homeless men and women.
By naming The Emmaus Center as a beneficiary of a retirement plan, insurance policy or financial account, the asset will transfer to The Emmaus Homeless Shelter at the end of your lifetime, and you estate will be entitled to a charitable deduction for the amount of the gift. When designating the Emmaus Homeless Shelter as a beneficiary of a plan, simply provide our legal name, address and taxpayer identification number on the plans beneficiary designation. Although beneficiary designation forms may differ, the following information may be used.
The Emmaus Homeless Shelter, Corner of Main and Water Street, Ellsworth, Maine 04605. Federal ID: (01-0287674 Emmaus Homeless Shelter)
By including The Emmaus Homeless Shelter in your will, you will help create opportunities for homeless individuals and contribute to a cleaner Ellsworth area for future generations. Through your will, you can specify that some, or all of your assets go to the Emmaus Center. Here is the suggested legal language for including the Emmaus Center in your will or estate plan: ?I give to the Emmaus Homeless Shelter, an Ellsworth based non-profit with its principle offices at the corner of Main and Water Street, Ellsworth, Maine, the sum of $__ or __% of my residual estate to be used for its general purposes.