Your donation supports LLACUNA’s
mission to support community initiatives
and promote sustainability.
Ways to Contribute to Llacuna
Donating Stocks or Other Financial Assets►Click to Expand
Are you an investor or do you have stocks that have appreciated significantly over the years? Consider donating them to Lacuna! Donating stocks or other financial assets directly to our non-profit organization can provide you with both philanthropic satisfaction and potential financial benefits. Here's how it works:
When you donate appreciated stocks or other financial assets that you have held for more than a year, you can avoid paying capital gains taxes that you would incur if you sold them. Additionally, you're eligible for a charitable deduction based on the full market value of the assets on the date of the gift. This means you can potentially save thousands of dollars in taxes while supporting our mission to promote sustainability and community initiatives.
Let's see an example of how this could benefit you. Imagine you have stocks that were originally purchased for $10,000, and their current value is $15,000. You are in the 15% tax bracket. By donating these stocks directly to Lacuna, you could save on capital gains taxes and receive a charitable deduction based on the full market value. Let's calculate the potential tax savings and the breakdown of how much money you could donate to maximize the benefit:
Donating Cars, Boats, and More►Click to Expand
If you have an unused car, boat, or other vehicle, you might consider donating it to Lacuna. Donating your vehicle not only helps us in our mission but also provides you with potential tax benefits. Here's how it works:
When you donate your vehicle to Lacuna, you can claim a tax deduction based on the fair market value of the vehicle. The IRS allows you to deduct the full fair market value if we use the vehicle in our charitable activities or if we sell it for our organization's purposes. By donating your vehicle, you can support our initiatives and potentially save on your taxes.
Let's see an example of how this could benefit you. Suppose you have a vehicle with a fair market value of $5,000, and you are in the 15% tax bracket. By donating this vehicle to Lacuna, you could potentially save $750 in taxes. Let's calculate the estimated tax savings:
Donating through Workplace Giving Programs►Click to Expand
Many companies offer workplace giving programs that allow employees to contribute to non-profit organizations directly from their paychecks. Participating in a workplace giving program is a convenient and impactful way to support Lacuna and our initiatives. Here's how it works:
- Check if your employer has a workplace giving program: Inquire with your HR department or benefits administrator to see if your company offers a workplace giving program.
- Enroll in the program: If your company has a program in place, sign up and select Lacuna as your designated non-profit organization.
- Choose a contribution amount: Decide on the amount you would like to donate from each paycheck. You can select a fixed dollar amount or a percentage of your salary.
- Automatic deductions: Once enrolled, your chosen donation amount will be automatically deducted from your paycheck on a regular basis, such as monthly or bi-weekly.
- Employer matching: Some companies even offer matching programs where they match the donations made by their employees, effectively doubling the impact of your contribution.
Donating through a workplace giving program not only provides you with a convenient way to support Lacuna, but it also allows you to engage with your colleagues and foster a culture of giving within your workplace. Check with your employer today to explore the workplace giving options available and make a difference through your workplace.
Estimate Your Potential Tax Savings
Estimated Tax Savings: $0.00
Potential Tax Savings from Workplace Giving
Donating Property or Land►Click to Expand
Do you own property or land that you would like to contribute to Lacuna? Donating real estate assets can provide substantial financial benefits, including potential tax savings and deductions. Here's why it's financially advantageous:
Capital Gains Tax Savings: When you donate property or land that you have held for more than a year, you can avoid paying capital gains taxes on the appreciated value. By bypassing these taxes, you retain the full value of the appreciated property and avoid a potentially significant tax liability.
Charitable Deduction: Additionally, you may be eligible for a charitable deduction based on the fair market value of the property or land on the date of the gift. This deduction can lower your taxable income, potentially resulting in significant tax savings.
Estate Tax Benefits: Donating property or land can have valuable estate planning benefits. It can help reduce the overall value of your estate, potentially minimizing estate taxes that would be owed upon your passing. This allows you to allocate a larger portion of your estate to your heirs or other charitable causes.
Let's consider an example to better understand the potential financial advantages. Suppose you own a piece of land that you purchased for $100,000, and its current fair market value is $150,000. By donating the land directly to Lacuna, you could avoid paying capital gains taxes on the appreciation and receive a charitable deduction based on the fair market value. This means you can preserve the full value of the land and potentially save on taxes. Let's calculate the potential tax savings and the breakdown of how much value you could contribute:
Planned Giving in Wills and Estates►Click to Expand
Have you considered including Lacuna in your estate planning? Planned giving allows you to create a lasting impact on our organization while providing potential financial benefits for your beneficiaries. Here's why planned giving can save your beneficiaries in significant ways:
Reduced Estate Taxes: By including Lacuna as a beneficiary in your will or estate plan, you can potentially reduce the estate taxes that your beneficiaries would have to pay. This means more of your assets can be passed on to your loved ones or other charitable causes.
Income Tax Benefits: Planned giving can also offer income tax advantages for your beneficiaries. For example, if you choose to leave a charitable bequest, the value of that bequest is generally deductible from the taxable income of your estate. This deduction can lower the overall tax burden on your estate, potentially benefiting your beneficiaries.
Capital Gains Tax Savings: Donating appreciated assets through planned giving can help your beneficiaries avoid capital gains taxes. When your beneficiaries receive the assets as an inheritance, the cost basis of those assets is typically "stepped-up" to their fair market value, reducing or eliminating the capital gains tax liability if they decide to sell them in the future.
Asset Protection: By including Lacuna in your estate plan, you can ensure that a portion of your assets is protected and allocated according to your wishes. This can provide financial stability for your beneficiaries and safeguard your wealth from potential risks.
Legacy and Family Values: Planned giving enables you to leave a lasting legacy aligned with your values and philanthropic goals. By involving your beneficiaries in your charitable giving, you can instill in them a sense of purpose and the importance of giving back to the community, fostering a multigenerational tradition of philanthropy.
Ready to explore planned giving options and discover how it can benefit your beneficiaries? Use our calculator below to estimate the potential tax savings and the impact on your estate. Our dedicated planned giving team is also available to assist you in creating a meaningful legacy with Lacuna.
To learn more about planned giving opportunities and how you can create a meaningful legacy with Lacuna, please contact our dedicated planned giving team:
Sponsorship and Partnership Opportunities►Click to Expand
Are you interested in collaborating with Lacuna to advance sustainability and community initiatives? Explore our sponsorship and partnership opportunities to create meaningful connections and make a lasting impact. Here's why sponsorship and partnership with Lacuna are valuable:
By sponsoring Lacuna, you actively contribute to our sustainability and community initiatives. Your support helps us implement innovative projects, raise awareness, and create a positive impact on the environment and local communities. Moreover, sponsorship offers several benefits, including:
- Increased brand visibility and exposure to our wide audience
- Opportunities for collaboration and networking with like-minded organizations
- Enhanced corporate social responsibility reputation
- Recognition and acknowledgment of your contribution
In the example below, we set a benchmark amount of $500 to help illustrate how ongoing sponorships compare in contributions over time. For example, a $50 Sponsorship Amount will outperform a benchmark amount of $500 in just 10 months, which over a few years can make your sponsorship much more impactful.
Volunteer Opportunities►Click to Expand
Join Lacuna as a volunteer and actively contribute to our sustainability and community initiatives. Volunteering is a fulfilling way to make a positive difference while gaining valuable experiences. Here's why you should consider our volunteer opportunities:
As a volunteer, you play a crucial role in supporting our sustainability and community projects. By dedicating your time and skills, you contribute to creating a greener and more inclusive future. Here are some compelling reasons to volunteer with us:
- Make a direct impact on environmental conservation and community development
- Gain hands-on experience and develop new skills
- Expand your network and connect with like-minded individuals
- Contribute to personal growth and self-discovery
Volunteer with Llacuna, click here to add your information.
LLACUNA INC. is a registered non-profit organization registered since 2016 with the Internal Revenue Service - your donation is 100% tax-deductible. IRS.GOV Tax Information Donations serve the area of greatest need and cover general operating expenses including salaries and direct aid relief to individuals and organizations approved by Llacuna. Your donation is made secure and accountable by ACT BLUE CHARITIES and LLACUNA INC.