Cash contributions immediately benefit Colorado Discover Ability and provide tax benefits to donors who itemize deductions.
CDA relies on strong annual support from our many friends to help us with day-to-day operating costs. Unrestricted gifts provide us with the flexibility to enhance existing programs, develop new services, and continue to succeed in therapeutic recreation.
Products or services, which have the effect of reducing our operating costs, are greatly appreciated.
Stocks or other investments that have grown in value and have been held for more than one year can become a substantial gift made at a low net cost to you. This would be a charitable deduction for you, and you would also avoid all federal capital gains tax due when you sold these assets. If you own securities that are worth less now than when you purchased them, you can sell them and contribute the proceeds to Colorado Discover Ability. This will enable you to take a capital loss on your tax return (subject to certain limitations) and also a charitable deduction for the value of the proceeds.
Endowed gifts are gifts that CDA holds in trust in perpetuity. These funds are invested, and part of the average annual investment income is directed where the donor specifies.
Bequests can be incredibly important legacies to provide for the future of Colorado Discover Ability. In your will you may leave a specific dollar amount, a percentage of an estate, or the residual of an estate following the provisions for family members.
Property can be a convenient way to make a sizable gift to Colorado Discover Ability.
All proceeds from the sale of your vehicle will benefit Colorado Discover Ability.
A charitable gift annuity pays the donor a fixed income for life, a portion of which is non-taxable. Donors will receive full credit for the fair market value of the gift along with a charitable deduction.
This involves creating a trust, which at the end of its terms distributes all or part of the principal to Colorado Discover Ability. The donor or beneficiary receives income for the term of the trust, avoids immediate capital gains on appreciated long-term assets transferred into the trust, and can claim a charitable income tax deduction computed according to the terms.
These are very thoughtful and unique gifts that can be made in lieu of birthday, holiday, anniversary or a living tribute or to honor someone who has passed. A personal "Thank You" will be sent to an individual or family members and to anyone who contributed.