Explanation of Giving Options

BRIDGING THE GAP

INDEPENDENT LIVING AND RESOURCECENTER

EXPLANATION OF GIVING OPTIONS

CREDIT CARD GIFTS

You can make a one-time donation or set up a monthly donation plan to Bridging The Gap. See DONATION section on website.

COMMEMORATIVE GIFTS

Remember a loved one who has completed life's journey by helping others who are just beginning their life. You may choose to name an endowed pledge after yourself, in honor of a friend or family member, or after a business or organization. Foundation staff can help you provide guidance in determining the donation’s specific criteria. Endowments can also be set up as memorial funds. A minimum gift of $10,000 is required to establish an endowed scholarship.

HONORARIA

Deferring payments to the Foundation in lieu of honoraria gives you another way to support youths without spending a single penny. If a sponsoring organization wants to give you an honorarium for speaking or making an appearance at an event, you may have it donated to any of our funds.

IN-KIND GIFTS

Gifts such as land, real estate and other non-cash property can be donated for a charitable deduction. Personal property -- such as works of art, books and furnishings -- that can be used by Bridging The Gap for charitable purposes can also offer tax benefits to the donor.

MATCHING GIFTS PROGRAM

Annual gift pledges are payable over a two-year period. You can indicate on your pledge form the length of time over which you wish to make your gift, and the Foundation will send you reminders at the intervals you specify -- annually, semi-annually, or quarterly.

Please check with your employer's personnel office to see if your company offers this benefit. If so, complete the form your company provides and mail it with your gift or pledge form to the Bridging The Gap.

MULTI-YEAR PLEDGES

Pledges at levels that qualify you for scholarship endowments are payable over three to five years or a lifetime, depending on your level of giving.

PLANNED GIVING

Create a blueprint of your assets and your family's financial future after you've passed away. The Foundation can be named as the recipient of a bequest through a will or as a beneficiary of a life insurance policy. You can deduct the premiums as a charitable gift. We can also step up Term Limited Trusts or Gift annuities.

RETAINED LIFE ESTATE

You can still live in your residence if you choose to donate your home using the Retained Life Estate. Such a donation also gives significant estate tax savings for your heirs.

All donations to Bridging The Gap will be acknowledged in writing for tax purposes as required by the Internal Revenue Service. Please include you address (if not written on the check) so the Foundation can send an acknowledgement letter for your donation.