A variety of options are available to you. Here are some vehicles:
1) Include Meritus College Fund in your will or trust
A disposition of cash or specific assets under your will or trust can be provided in one of the following ways:Cash Amount or Specific Property: "I leave to Meritus College Fund, San Francisco, California [insert amount of cash or identification of property], to be used for its work as the Board of Directors may designate."Residuary Disposition: For disposition of the residue of your estate/trust after you have provided for others: "I leave [insert either all or a percentage] of the residue of my estate/trust to Meritus College Fund, San Francisco, California, to be used for its work as its Board of Directors may designate."Contingent Disposition: If your primary beneficiary(ies) does/do not survive you: "In the event that the beneficiary(ies) does/do not survive me, I leave [his/her/their] portion to Meritus College Fund, San Francisco, California, to be used for its work as its Board of Directors may designate."2) Gift of appreciated assets to Meritus College Fund
Consider lifetime gifts of stocks and bonds, or real estate (including your home, vacation home, or commercial real estate). The fair market value of qualifying gifts is deductible for income tax purposes, and capital gains tax will not be incurred.
3) Gift of life insurance to Meritus College Fund
Receive an income tax deduction by making Meritus the owner of a policy with cash value. You can keep an insurance policy out of your taxable estate by designating “Meritus College Fund” as owner or beneficiary.
4) Establish a charitable remainder unitrust for ultimate distribution to Meritus College Fund.
Appreciated assets contributed to a charitable remainder unitrust can thereafter can be sold without incurring capital gains tax. You may serve as trustee, be the lifetime beneficiary in accordance with prescribed rules, add assets to the trust and invest for possible tax-free income from the trust. A charitable remainder trust established during your lifetime provides a current income tax deduction and reduces estate taxes. A post-death charitable remainder trust may also be established under a will or living trust, with an interim non-charitable beneficiary, and with reduction of estate taxes.
5) Leave all or part of your traditional IRA or qualified retirement plan to Meritus College Fund.
When you have paid no income tax on amounts contributed to your retirement plan, income and estate taxes in some cases totaling more than 75% may be due after death on account of the retirement plan. A tax attorney can assist you in substantially reducing these taxes by means of a charitable beneficiary designation.
For more information contact Diana Wolf (email@example.com or 415.400.8640) Meritus College Fund, P.O. Box 29024, San Francisco, CA 94129.
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Help Us Invest In Our Future
Investing in the Meritus Program means transforming lives for marginalized youth in our community by providing access to and success through college and beyond.
1. Sponsor a Scholar
Each Scholar in the Meritus program receives a four-year scholarship plus individualized coaching, mentorship and career awareness. To invest in a Scholar, donors contribute between $500 and $4,000 annually for four years. Your support benefits an individual student who will update you each semester on their progress towards graduation. Thank you for considering one of the participation levels noted on our downloadable Pledge Form.
2. General Support
One-time gifts from individuals, foundations, and corporations help us ensure that the individual needs of our students are met. With your help, Meritus will provide ongoing end-to-end support services which make a crucial difference to our Scholars, contributing to their success in college and post-graduation.
3. Other Ways to Give
Leverage Matching Gifts
Meritus College fund is a not-for-profit 501(c)(3). If your employer has a matching gifts program, please make your contribution go that much further by contacting your corporation’s representative and asking for your gift to be matched.
Making a Donation of Stocks or Securities
Give the gift of appreciated securities:
Broker: First Republic Bank 415-288-8073
Meritus tax ID #: 94-3257076.
Donate Now from Your Donor-Advised Fund
Create a Legacy
As you plan your charitable giving, please consider the benefits of a legacy donation. A contribution to Meritus College Fund will provide income, estate, and capital gains tax advantages for you and, at the same time, afford the youth of our community opportunity to achieve a college education that for many is only a dream. How you can preserve your estate with important long-term benefits.
Support Meritus As You Shop Online
Checks can be made payable to Meritus College Fund and sent to:
PO Box 29024
San Francisco, CA 94129
For more information contact: Info@meritusfund.org
Meritus College Fund is a tax-exempt, 501(c)(3) organization. Our federal tax ID number is 94-3257076.