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Memorials
The ARC of Indian River County accepts donations given in honor, or in memory of an individual or organization. We provide notice and recognition, as well as acknowledgement to the donor. Remembrance can be in the form of designations or unrestricted gifts.
Cash
A gift of cash, usually a check, is the most popular method of contributing to the ARC of Indian River County. A cash gift is deductible on your tax return for the year that the gift is made.
Appreciated Stock or Other Property
Giving appreciated assets to ARC of Indian River County allows you to avoid capital gains tax on appreciated portion if you had sold the asset. In most cases, you will be entitled to deduct the full fair market value, assuming the asset had been held long term.
Insurance
ARC of Indian River County accepts gifts of life insurance – existing or new policies. Transferring ownership of an existing policy and making the Abilities Resource Center the owner/beneficiary provides an income tax deduction. Premiums still being paid are deductible also.
Trusts and Wills
There are many simple ways to include ARC of Indian River County in your will or trust. There are types of trusts that pay you income for life. When considering changes to your estate plan, we encourage you to consult your attorney and/or financial advisor for information on these types of planned gifts. |