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Donations
- How You Can Help DONATE NOW
Joy Gomez-Gonzalez
Executive Director
Phone: 253-572-7717
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Invest
in the Future. #Invest in Your Community.
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Centro
Latino depends on donations made by both individuals
and businesses. Your contribution is important for us
to reach our goal to help over 3,000 individuals in
Greater Pierce County each year. Since 1983, Centro
Latino has recognized the potential that the Latino
community has to offer the greater community. Despite
our progress, many challenges still exist.
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Latinos
are the fastest growing minority in the U.S. and they
struggle with:
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the highest dropout rate.
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the highest teen pregnancy rate.
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poverty, which affects one of every three Hispanic children
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These
are areas of concern, not only for Hispanics, but for
all citizens. Join us. Be part of the solution.
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At
Centro Latino, we are "planting the seed and growing
the future"
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Donations
to Centro Latino
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Wills
| Including
Centro Latino in your will makes a powerful statement.
It is a fact that most of us will be able to give
more upon our passing than they we are able to give
now. What better way is there to help your legacy
live on than to help others in need? When you create
or revise your will, you should seek the advice
of an attorney. Our Executive Director is available
to work with you and your attorney to discuss how
to include Centro Latino in your estate plans. For
more information about planned giving, check out
the website of Leave
a Legacy. |
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Stocks
& Bonds
Gifts
of appreciated securities and stock can be one of the best
and most advantageous ways of giving. If your gift of stock
is one you have owned for more than a year, you may deduct
the full fair market value of the stock as a charitable
contribution, while avoiding all capital gains taxes.
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Real
Estate
Real
Estate is treated the same as gifts of appreciated stock.
If you have owned the property for longer than a year you
can deduct it as a charitable contribution at the fair market
value of the real estate without paying capital gains.
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Insurance
Insurance
policies that have outlived their original purpose can make
a wonderful gift to Centro Latino. A retirement plan can
name Centro Latino as beneficiary if you die before you
receive any or all of your lifetime payments. To qualify,
Centro Latino needs to become the owner and beneficiary.
No incidents of ownership should be retained. If the policy
is paid up, your charitable contribution is generally the
replacement value or cost basis of the policy, whichever
is less. Ongoing premiums paid on a gifted life insurance
policy also qualify for charitable deductions.
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In-Kind
Gifts
Gifts
of tangible personal property related to the charity's exempt
purposes are fully tax deductible at fair market value.
Gifts of tangible personal property which do not relate
to a charity’s tax-exempt purposes are limited to cost
basis for determining your tax deduction. Gifts of non-cash
property of more than $500 must be reported to the IRS.
If the gift is valued over $5,000, the item must have a
"qualified appraisal" done 60 days before the
gift is given until the due date for the return on which
you report or claim the gift.
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For
more information contact:
Joy Gomez-Gonzalez
Executive Director
Phone:
253-572-7717
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