FUNDRAISING & A RARE 70% TAX CREDIT OPPORTUNITY
We are raising funds to complete necessary infrastructure improvements mentioned for the safety and success of our programs.
Ride On St. Louis has been awarded 70% tax credits through the Missouri’s Neighborhood Assistance Program. This extremely rare opportunity allows people, firms, or businesses with Missouri income to liability to save significantly while making a lasting impact.
🛑 This incentive is limited by time and availability.
💡 Interested? Call Marita at 636.464.3408 to secure your tax credit benefits
One Time Gifts
Gifts of cash usually are given in the form of a personal or business check. Some donors may use credit cards, although Ride On St. Louis does incur 3-4% in fees on every credit transaction. Gifts of appreciated securities (shares of stock, mutual funds or other marketable securities are examples) are another means of making a gift that can be used immediately.
Gifts of real and other property are often beneficial, as well. Some property gifts can be used in programs, such as equipment, vehicles, and supplies. Carefully planned real estate gifts can be valuable immediately or in the long term.
Pledges
Most donors will choose to make gifts over several years. A pledge is a formal declaration of intent to contribute. Some donors fulfill their pledges over a short timeframe. Others make payments over 3-5 years.
Appreciated Securities
A gift of long-term securities has two major advantages: 1) it provides the donor with an immediate income tax deduction and 2) eliminates capital gains taxes to the extent allowed by law.
Closely Held Stock
A gift of closely held stock to Ride on St. Louis may result in a current income tax deduction for the fair market value of the stock as well as elimination of capital gains taxes on the appreciated value of the stock. Your financial advisors can provide more information.
Planned Giving
Planned gift arrangements have specific tax advantages and often include lifetime income to the donor and beneficiary(ies) named by the donor. A planned gift maximizes your giving potential and can even allow you to ensure future financial security for yourself and your loved ones.
Retirement Accounts
Naming Ride On St. Louis as beneficiary of a retirement account is an easy way to make a substantial gift and to eliminate situations in which a distribution results in tax consequences.
Real Estate
You may give a residence, land, income property or other real estate as an outright gift or with the right to occupy the property for your lifetime. The gift of a remainder interest in a personal residence, farm or other building provides a current income tax deduction for the present value of the remainder interest. It also permits the donor to eliminate capital gains taxes on the appreciation.
Tangible Personal Property
By giving personal property such as artwork, rare books, or antiques, you may receive desirable tax deductions. The allowable deduction will require a qualified appraisal.
Insurance
The gift of a life insurance policy to Ride On St. Louis provides you with a charitable contribution of the present cash surrender value. Premiums paid after the transfer are tax-deductible if you wish to maintain the policy value but transfer ownership.
Bequests
Providing for Ride On St. Louis in your will may enable you to make a substantial contribution without diminishing assets you may need during your lifetime. Bequests are deductible from the value of your estate which may result in a significant tax advantage.
Charitable Lead Trust
A charitable lead trust is a method of funding a gift over a specific period of years. Income is paid to Ride On St. Louis each year during the life of the lead trust. When the trust terminates, the assets revert to you or to a beneficiary you choose.
Charitable Remainder Trust
An irrevocable trust may be used to provide annual income to you or a loved one at either a fixed or variable rate. A portion of the trust qualifies for an immediate tax deduction. At death of the last income beneficiary, the assets in the trust are distributed to Ride On St. Louis to be used as the donor has designated. Please consult your tax advisor regarding how this may benefit you.
Honoring Important People In Your Life
Your gift may be used to honor a family member, friend, colleague, pastor, or other community leader—someone who has made a difference in your life or in the life of our community. Many people make gifts to commemorate a business or special occasion.