There are certain tax benefits for volunteer service. You can deduct the cost of gas and oil that are directly related to getting to the organization where you are a volunteer or you can simply deduct 12 cents for each mile.

Cash

The St. Louis Animal Rights Team will accept cash as a tax-deductible charitable contribution, and will issue a receipt to the donor.

Taxpayers are permitted to deduct gifts to qualified charitable institutions such as The St. Louis Animal Rights Team, up to 50% of their adjusted gross income each year.

You may also enjoy additional benefits from state income tax savings.

Stocks in a closely held corporation make an attractive gift to The St. Louis Animal Rights Team (for its appraised fair-market value), avoid the capital gains tax liability, and remove this liquid asset from your estate.

An endowment fund is one where the donation itself is held in reserve, not to be used except in the case of extreme emergency, while the charity is able to use the interest generated from the fund. Thus, the charity is more likely to have long-term stability. One or two bad years with donations won't sink the organization.

Any amount can be donated to The St. Louis Animal Rights Team through the endowment fund.

Your endowment gift is particularly appropriate for Memorial or Tribute remembrances since it is truly "a gift that keeps on giving."

When someone requests a memorial or a tribute, a card is sent to the person or family designated, saying that the donor has made a donation to The St. Louis Animal Rights Team to help the animals in memory of, or in honor of the person or pet named. An acknowledgement is also sent to the donor. The person or pet being remembered will also be listed in the The St. Louis Animal Rights Team newsletter.

Wills

Wills are one of the simplest ways to distribute an estate. They can also be a creative vehicle through which to make thoughtful gifts.

After providing for the needs of your loved ones, you may choose one of several ways to benefit The St. Louis Animal Rights Team.

By having your attorney revise your will or add a simple amendment, you can make a gift of a dollar amount, specific property, a percentage of your estate, or the remainder after your loved ones have been provided for.

Planned Giving for The St. Louis Animal Rights Team

Enhance your legacy to your family and assist The St. Louis Animal Rights Team in helping defenseless animals.

Through a planned gift to The St. Louis Animal Rights Team, you can do all this:

Everyone wants to leave the world better than they found it. One way is to ensure that the assets you have accumulated are carefully conserved so that they continue to serve the interests you care most about: those of your family and of institutions such as The St. Louis Animal Rights Team, that will best perpetuate your principles.

By making appropriate plans for your charitable gifts, you will not only obtain significant tax savings while benefiting yourself and your family, but also you will benefit The St. Louis Animal Rights Team. But if you do not plan properly, a very large portion of your accumulated assets will be used to pay estate taxes (up to 55%), and your heirs will be left with a difficult burden. Careful planning should also be applied to the sale of appreciated assets during your lifetime. Without it, you may pay substantial amounts of capital gains tax that could have been avoided through a charitable gift.

The tax laws allow several kinds of planning gifts. They include gifts of property, which would give The St. Louis Animal Rights Team current income from your investments to fund its present and short and long term operating needs. Such gifts lower your estate tax liability. Planned properly, these gifts can increase your current income, give you a tax deduction, wipe out capital gains tax, and lower your estate tax liability.

Following is a summary of several planned giving techniques. It emphasizes the tax benefits to donors and the benefits to The St. Louis Animal Rights Team. Please consult your tax and legal advisors before implementing any of these techniques.

Outright Gifts

Gift of Life Insurance

Donation Form