IRA distribution If you are 70 1/2 years or older and own an IRA you you may be required to start making distributions. Distributions made directly to the Gardens can be excluded from your income.
Bequest by Will. You can designate a gift from your estate to the Gardens Endowment Fund and in some cases receive a substantial reduction in federal gift and estate taxes.
Life Insurance If a life insurance is no longer needed for personal or financial reasons, it may be an opportunity to make a significant gift to Betty Ford Alpine Gardens.
Appreciated Securities A gift of appreciated securities you have owned for more than one year such as stocks, mutual funds, bonds or real estate offers is another way to support the Gardens. An outright gift of long-term appreciated assets may avoid capital gains taxes and if you itemize donations on your tax return, qualifies for a charitable income tax deduction equal to the market value of the securities.
You attorney can advise you about these options and others or call the Gardens at (970)476-0103 and we can help you find answers. Betty Ford Alpine Gardens Federal Identification Number – 74-2395097