UNIQUE WAYS TO GIVE
“In Honor of” Recognition Gifts/Memorial Bricks
Recognize someone you know for a milestone in their life or on a special occasion. For a minimum donation of $25 you can have a brick engraved in their honor. Bricks engraved with the name of the recipient are placed in the Courtyard of Champions at the SOKS Headquarters Office in Mission, Kansas.
Mail in the donation with the name and message you would like put on the brick (3 lines total and max of 18 characters per line) along with their name and address and we will send the honoree a note acknowledging your gift or call 913.236.9290 Ext. 103.
A planned gift to Special Olympics Kansas helps to ensure the future of services and programs we provide throughout the state and may further your financial goals. Click here to download A Guide for Special Olympics Contributors.
What are planned gifts? Planned gifts include gifts through your will, charitable gift annuities, gifts of life insurance, pooled income funds, real estate and charitable trusts.
Planned giving enables a donor to arrange charitable contributions in ways that maximize his or her personal objectives while minimizing after-tax cost. Depending on the asset and the gift arrangement selected, the donor can expect to obtain some or all of the following benefits:
- Fulfil philanthropic goals
- Reduce income tax through a deduction for the gift
- Avoid capital gain tax on the gifts of long-term appreciated property
- Increase disposable income
- Eliminate federal estate tax on property passing to charity upon donor’s death
- Reduce cost and time in estate settlement
WILLS and BEQUESTS
Just a few words in your will can go a long way towards fulfilling Special Olympics Kansas’ vision of caring for the future of this organization. Please consider including this sentence in your will – “I give, devise and bequeath to Special Olympics Kansas the sum of _____ dollars.” Your donation will help us continue our commitment to provide quality programs for SOKS athletes.
While most people own some form of life insurance because of its unique ability to meet a variety of needs for financial protection, its role in planned charitable giving is frequently overlooked. Life insurance itself can be the direct funding medium of a gift, permitting the donor to make a substantial gift for a relatively modest annual outlay. Planning pointer: insurance can also replace the value of an asset given to a charitable organization.
GIFTS of STOCK
Special Olympics Kansas gratefully accepts gifts of stock, and you can receive significant tax benefits when you give appreciated stocks and bonds. With a gift of stock, you can take a tax deduction for the full fair market value of the stock. In addition to a charitable gift tax deduction, a gift of stock offers the extra benefit of avoiding capital gains tax on your stocks’ appreciation.
The creation of the SOKS Endowment Fund provides an opportunity for your gift to have an impact on SOKS athletes, coaches and families for years to come.
It is highly recommended that donors consult with their own tax or legal adviser prior to making a planned gift.
For additional ways to donate or become involved with the Mission of Special Olympics Kansas, contact Luke Schulte at 620-408-4450.