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| | | Friendship,
Inc. is a 501(c)(3) nonprofit organization which welcomes donations to 10,000
Friends. This is a fund that was created when Friendship, Inc. was first established.
The dream is to have 10,000 people contribute a minimum of $25.00 annually to
provide a base of $250,000 to support Friendship, Inc. in providing creative and
innovative supports to people with disabilities. This fund is used to provide
services and needs which are not reimbursable from state and federal funds, e.g.
adaptive equipment, spiritual services, etc. People often remember a loved one
with a memorial contribution to Friendship, Inc. 10,000 Friends. You may also
wish to list Friendship, Inc. 10,000 Friends as a beneficiary. Visit
with your financial planner or tax advisor to assist you with your gift or help
you with your will. Donations to 10,000 Friends can be made at any time of the
year and may be sent to: | |
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GIFTS OF CASH
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Gifts of cash are 100 percent deductible
for income tax purposes. In any one year, an individual's adjusted gross income
can be reduced by up to 50 percent through the use of certain charitable contributions.
Visit
with your financial planner or tax advisor to assist you with your gift or help
you with your will. | |
GIFTS OF
STOCK OR OTHER APPRECIATED PROPERTY
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Gifts of stock, bonds, or other property
that you have owned for more than one year are deductible at the full fair market
value (fair market value is based on the average of the high and low traded price
of the security on the date of the gift). Also, individuals can avoid all capital
gains taxes that would be owed if the security had been sold. Unlike gifts of
cash, the maximum deduction for appreciated property in any one year is limited
to 30 percent of adjusted gross income. With both cash and assets gifts, an individual
can carry forward unused deductions for up to five additional years. Visit
with your financial planner or tax advisor to assist you with your gift or help
you with your will. Back
to Top | |
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PLANNED GIFTS
| | Friendship,
Inc. can be named as a beneficiary of an estate or as the recipient of a specified
gift. Assets such as IRAs, 401(k)s and life insurance can be donated by naming
Friendship, Inc. through the beneficiary designation of the contract. Other gifts,
such as charitable remainder trusts, can be made through plans that provide income
to the donor (and beneficiaries, as desired) during his or her lifetime. Best
of all, a legacy will be left for future generations that will benefit from Friendship,
Inc's services. Visit
with your financial planner or tax advisor to assist you with your gift or help
you with your will. | |
CAR DONATIONS
| | Donate
your old car to Friendship, Inc. and receive a tax deduction! WE ACCEPT CARS IN
GOOD DRIVING CONDITION. You can drive your car to Friendship, Inc. and we'll do
the rest. Then you can take a tax deduction on the fair market value of your vehicle.
Friendship, Inc. will handle all the details of selling the car-and the proceeds
will benefit the people we serve. Visit
with your financial planner or tax advisor to assist you with your gift or help
you with your will. Back
to Top | |
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DESIGNATE FRIENDSHIP, INC. IN YOUR WILL
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There is yet another way for you to demonstrate
your commitment to the mission of Friendship, Inc.; it is through a planned gift.
Often planned gifts are made by designating a nonprofit organization such as Friendship,
Inc. as a beneficiary in your will. It is a great way to make a gift that lasts
beyond your lifetime. In addition to providing for the needs of your loved ones,
your will can provide a lasting tribute to your concern for the children, adults,
and families served by Friendship, Inc., and also help guarantee Friendship, Inc.'s
long-term future. Visit
with your financial planner or tax advisor to assist you with your gift or help
you with your will. | |
BENEFITS OF MAKING A CHARITABLE DONATION FROM
YOUR RETIREMENT-PLAN ASSET
| If
you have a charitable intent, these plans provide a great vehicle through which
to make a contribution. Here's why: Qualified retirement-plan assets
grow tax deferred, so plan owners and beneficiaries are subject to income-tax
liability when withdrawals are eventually made. The possible income tax consequences
for heirs are changing, with recently announced modification of IRS rules regarding
required minimum distributions. | |
| In
addition to income tax rules, estate tax regulations also may apply to money remaining
in your plan after your death, if your taxable estate is more than $675,000. If
that is the case, income and estate tax liabilities could reduce the amount of
the plan proceeds your heirs receive by 75 percent or more. Philanthropic-minded
people should understand that there is no efficient way to pass these assets to
a charity before death. Under current law, withdrawals from a qualified plan are
fully taxable. | | Listing
a charity as the beneficiary of your qualified retirement plan, on the other hand,
accomplishes several things: It removes the asset from your taxable estate; it
allows the charity to receive 100 cents on the dollar for its use, free of income
tax; and, finally, it eliminates the incremental income tax liability for heirs.
If you are planning to make a gift to charity via your will, it is far better
to leave an IRA than a stock that you have owned for many years. Leave the stock
to your heirs, who do not have to pay capital gains after your death, and leave
your qualified plan to charity. When you do this, everyone wins. If
you want to leave only a portion of your qualified plan to charity, you can ask
the custodian of the plan to split it into two or more parts, naming a separate
beneficiary for each one. Remember: On your assets that require a beneficiary
designation, the designation-not what your will says-will rule, so review your
beneficiary designations periodically to make sure that they reflect your wishes.
Visit
with your financial planner or tax advisor to assist you with your gift or help
you with your will. |
If you have any questions about making a gift and/or donation
to Friendship, Inc., please contact us by e-mail
or call (701) 235-8217.
Back
to Top | | |
MINIMALLY
SUPERVISED LIVING ARRANGEMENT DONATION
REQUEST | | Moving
day is quickly upon us! After several years and many attempts to create alternative
living environments for the people receiving services in some of our Fargo group
homes, we are finally planning for the first group to permanently move into a
new setting. We are asking for your help to make these moves success.
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We are currently in urgent need for the following
items: - Couches
- Chairs
- Dining
room tables & chairs
- Microwaves
- Washers/dryers
- Dishes
- Pots
& pans
- Silverware
- General
kitchen merchandise (mixers, blenders, coffee makers, etc
)
- Patio
furniture
- Grills
- Answering
Machines
- Vacuum cleaners
- Entertainment
centers
- Sheets, comforters, towels
- Clocks,
wall hangings
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| We
do request however that all donated items be in good repair. Basically,
we are looking for donations of anything that is needed to set up a home. Please
call Erin Knutson or Val Anthony at (701) 235-8217 for details regarding needs.
If you are not able to donate any of these items but would like to make a monitary
donation to assist with purchasing these items click
here. Thank
you for your support! Back
to Top | | | |
DO YOUR PART
AND RECYCLE!!!
| | Bring
your cans and white paper to be recycled to the Friendship, Inc. operated
Minn-Kota site at 3570 So. University Drive, Fargo, ND. Just tell them to
donate it to Friendship, Inc. | Hours
are: Thursdays and Fridays 10:00am-5:30pm Saturdays 9:00-3:00pm.
Other locations to donate: 903 4th Avenue No., Fargo, ND 1321 1st
Ave No, Fargo, ND | |
| All
donations are greatly appreciated! | |
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