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Make a monthly donation to show continued support for our programs.
Zelle/PayPal: TraNaRelief@gmail.com
Checks/money orders: TraNa Relief Association.
Send to: 4514 Rt 9 South #1024, Howell, NJ 07731
If you are 70½ years old or older, you can take advantage of a simple way to benefit “TRaNa Relief Association” and receive tax benefits in return. You can give up to $100,000 from your IRA directly to a qualified charity such as ours without having to pay income taxes on the money.
This law no longer has an expiration date, so you are free to make annual gifts to our organization this year and well into the future.
Why Consider This Gift?
Your gift will be put to use today, allowing you to see the difference your donation is making.
You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
If you have not yet taken your required minimum distribution for the year, your IRA charitable rollover gift can satisfy all or part of that requirement.
If you have a loved one who has been impacted by “TRaNa Relief Association”, establishing a memorial or tribute gift is a meaningful way to honor your loved one or celebrate a special occasion such as a birthday while supporting the work of our mission. Your memorial or tribute gift will be a lasting tribute to your loved one and make a difference in the lives of those we serve.
You can create a memorial gift using the following assets:
- Cash
- Appreciated
- Securities
- Real Estate
- Tangible Personal
- Property
Recommend a gift from your donor-advised fund (DAF) to support the efforts of TraNa. When you transfer real estate to your donor advised fund, you avoid capital gains taxes and qualify for a federal income tax deduction based on the fair market value of the property when you itemize on your taxes.
Make a bigger impact by donating long-term appreciated securities, including stock, bonds, and mutual funds, directly to charity. Compared with donating cash, or selling your appreciated securities and contributing the after-tax proceeds, you may be able to automatically increase your gift and your tax deduction.
The simplest estate gift is to include “TRaNa Relief Association” in your will or living trust. This is known as a charitable bequest. A gift of real estate through your will or living trust allows you the flexibility to change your mind and the potential to support our work with a larger gift than you could during your lifetime. In as little as one sentence or two, you can ensure that your support for “TRaNa” continues after your lifetime.
By including a bequest to “TRaNa Relief Association” in your will or living trust, you are ensuring that we can continue our mission for years to come. You can identify “TraNa Relief Association” as the recipient of a particular asset or as the recipient of a percentage of your estate.
You can use the following assets to fund a bequest:
- Cash
- Appreciated
- Securities
- Real Estate
- Tangible Personal
- Property
- Closely Held Stock
A beneficiary designation allows “TraNa Relief Association” to receive the proceeds of any number of your lifetime investments and supports “TraNa” long after your lifetime. Name “TraNa Relief Association” as a beneficiary to receive assets such as retirement plans and life insurance policies after you’re gone. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give.
Not only is it an easy way to give, but it’s also flexible. You can review and adjust beneficiary designations anytime you want.
You can name us beneficiary of the following assets:
Retirement Plan Assets
Life Insurance
Commercial Annuities
Bank Accounts, Certificates of Deposit or Brokerage Accounts
To make a permanent gift of life insurance to charity while you’re still alive, you can transfer ownership of your policy to the desired organization. The policy’s death benefit will go to the charity once you’ve passed away if it’s named as the beneficiary, which — as the new policyowner — the charity will control.
We recommend seeking the advice of your financial advisor or legal counsel when considering an estate gift to “TraNa Relief Association”.
There are many ways to plan estate gifts, including:
– Wills and Living Trusts
– Beneficiary Designations
– Charitable Gift Annuities
– Charitable Remainder
– Trusts
– IRA Charitable Rollover
– Charitable Lead Trusts
– Real Estate
– Memorials and Tribute
– Gifts
– Endowed Gifts
Charitable annuities allow you to maintain financial security while supporting “TraNa Relief Association”. A charitable gift annuity provides you with fixed payments for life. You receive a variety of tax benefits from charitable annuities, including federal income tax charitable deductions if you itemize.
Are you tired of the hassles of maintaining your property such as paying taxes, utilities and repair bills? Consider donating the property to “TraNa Relief Association” in exchange for reliable payments for life for you (and someone else, if you choose). When you arrange a charitable gift annuity, you receive a federal income tax charitable deduction in the year you set up the gift annuity when you itemize on your taxes. If you use appreciated real estate to make a gift, you can usually eliminate capital gains tax on a portion of the gift and spread the rest of the gain over your life expectancy. A gift of unmortgaged property to fund a deferred gift annuity is preferable and generates the greatest tax benefit.
You can use the following assets to fund a charitable gift annuity:
- Cash
- Appreciated
- Securities
- Real Estate
- Tangible Personal
- Property
- Closely Held Stock
A charitable remainder trust is an irrevocable gift that provides annual income for you and allow the remainder income to go to “TRaNa Relief Association”. If you have built up a sizeable estate and are also looking for ways to receive reliable payments, you may want to check out the advantages of setting up a charitable remainder trust.
Benefits of a charitable remainder trust include:
Potential for a partial charitable income tax deduction
Potential for increased income
Up-front capital gains tax avoidance
There are two ways to receive payments with charitable remainder trusts:
The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments.
The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.
You can contribute any type of appreciated real estate you’ve owned for more than one year, provided it’s unmortgaged, in exchange for an income stream for life or a term of up to 20 years. The donated property may be a residence (a personal residence must be vacant upon contribution), undeveloped land, a farm or commercial property.
Real estate works well with only certain variations of charitable remainder trusts. Your estate planning attorney, who will draft your trust, can give you more details
You can use the following assets to fund a charitable remainder trust:
- Cash
- Appreciated
- Securities
- Real Estate
- Tangible Personal
- Property
- Closely Held Stock
Donation of real estate allows you to have a big impact on “TRaNa’s” mission without donating cash assets. Such a generous gift helps us continue our work for years to come and also helps you. When you give us appreciated property you have held longer than one year, you qualify for a federal income tax charitable deduction. You avoid paying capital gains tax. And you no longer have to deal with that property’s maintenance costs, property taxes or insurance.
Another benefit: You don’t have to hassle with selling the real estate. You can deed the property directly to “TraNa Relief Association” or ask your attorney to add a few sentences in your will or trust agreement.
Ways to Give Real Estate
An outright gift. When you make a gift today of real estate you have owned longer than one year, you qualify for a federal income tax charitable deduction equal to the property’s full fair market value. This deduction lets you reduce the cost of making the gift and frees cash that otherwise would have been used to pay taxes. By donating the property to us, you also eliminate capital gains tax on its appreciation.
A retained life estate. Perhaps you like the tax advantages a gift of real estate to our organization would offer, but you want to continue living in your personal residence for your lifetime. You can transfer your personal residence or farm to “TRaNa” but keep the right to occupy (or rent out) the home for the rest of your life. You continue to pay real estate taxes, maintenance fees and insurance on the property. Even though “TRaNa” would not actually take possession of the residence until after your lifetime, since your gift cannot be revoked, you qualify for a federal income tax charitable deduction for a portion of your home’s value.
A bargain sale. Want to sell us your property for less than the fair market value? A “bargain sale” may be the answer. When you make a bargain sale, you sell your property to our organization for less than what it’s worth. The difference between the actual value and the sale price is considered a gift to us. A bargain sale can be an effective way to dispose of property that has increased in value, and it is the only gift vehicle that can give you a lump sum of cash and a charitable deduction (when you itemize) at the same time.
A charitable lead trust provides gifts to “TRaNa Relief Association” for a specified irrevocable term. At the end of that term, the original assets used to fund the trust revert back to you or your designated beneficiary. This method of giving allows you to support “TraNa” and still retain your assets for your future beneficiaries.
A charitable lead trust. This gift can be a wonderful way for you to benefit “TraNa” and simultaneously transfer appreciated real estate to your family tax-free. You should consider funding the charitable lead trust with real estate that is income-producing and expected to increase in value over the term of the trust.
There are two ways charitable lead trusts make payments:
A charitable lead annuity trust pays a fixed amount each year to “TraNa Relief Association” and is more attractive when interest rates are low.
A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust’s assets go up in value, for example, the payments to “TRaNa” go up as well.
Learn How to Fund It
You can use the following assets to fund a charitable lead trust:
- Cash
- Appreciated
- Securities
- Real Estate
- Closely Held Stock
An endowment gift to “TraNa Relief Association” today provides a brighter picture for our future. When you donate to our endowment, you give a gift with both immediate and long-term benefits.
A memorial or endowed gift. A gift of real estate may be a perfect way to honor your loved one in perpetuity. When you make an endowed gift of real estate, your contribution is invested with and becomes part of our endowment. An annual distribution is made for the purpose you designate. Because the principal remains intact, the fund will generate support in perpetuity.
Here’s how it works: Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at “TraNa”. The remaining funds are reinvested to ensure indefinite support.
You can create an endowed gift using the following assets:
- Cash
- Appreciated
- Securities
- Real Estate
- Tangible Personal
- Property
Corporate partnerships between nonprofits and for-profit businesses are becoming increasingly common as leaders seek innovative, holistic solutions to the problems that face their communities today. Some businesses will donate to our cause in exchange for including their brand on our nonprofit’s website, advertisements, and marketing materials.
Support TraNa’s work by donating a gift of stock.
Employee matching gift programs are corporate giving programs in which the company matches donations made by employees to eligible nonprofit organizations.
Thank you for your support!
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Our Goal is to serve everyone who is in need.
Our vision is to bring light into the darkest of circumstances.
To bring a healing to those most in need. To bring a lasting restoration to the most vulnerable communities.
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