Giving

There are multiple way to give to LSSN:

Cash donations

Contribute cash through one-time or recurring donations.
Contribute vehicle, gold, silver, coin & jewelry donations.

Gifts for our new building!

Sponsor our move to our new and permanent building!
Sponsor one of the spaces at our new building, and have your name forever engraved!
Buy LSSN a housewarming gift!

Planned Giving (Gift Planning)

Why should you contact us about planned giving? Some planned gifts provide a life-long income to you, others use estate and tax planning techniques to provide for LSSN and your children in ways that maximize the gift and/or minimize its impact on your estate. The main three types of planning giving are the outright gifts that use appreciated assets as a substitute for cash, the gifts that return income or other financial benefits to you in return for the contribution; and gifts payable upon the donor’s death.

Which giving methods return income to you?

Charitable gift annuities make fixed payments, starting either when the gift is made (an immediate-payment gift annuity) or at a later date (a deferred or flexible gift annuity). Some organizations maintain pooled income funds, which commingle donations, pay beneficiaries variable depending on the earnings of the fund, and generally operate like a charitable mutual fund. Charitable remainder unitrusts and annuity trusts are individually managed trusts that pay the beneficiaries either a fixed percentage of trust income or a fixed dollar amount.

What are the tax benefits of planned gifts?

You can contribute appreciated property, like securities or real estate, receive a charitable deduction for the full market value of the asset, and pay no capital gains tax on the transfer.

If you wish to establish a life-income gift receive a tax deduction for the full, fair market value of the assets contributed, minus the present value of the income interest retained; if you fund your gift with appreciated property, you pay no upfront capital gains tax on the transfer.

Gifts payable to charity upon the donor’s death, like a bequest or a beneficiary designation in a life insurance policy or retirement account, do not generate a lifetime income tax deduction for the donor, but they are exempt from estate tax.