Planned Giving

Invest in the future with a planned gift to New Horizons!

With a planned gift to our endowment fund managed by the Community Foundation of Collier County, you can help ensure New Horizons will continue its mission and impact on the lives of its many students and their families for years to come.

Gifts You Make Today

  • Cash - Cash is the simplest way to make a charitable gift.  You can make your cash gift by mail or by clicking here.

  • Retirement Assets - Donors who are aged 70 1/2 and older may be eligible to take advantage of the IRA Charitable Rollover. This type of gift allows you to transfer up to $100,000 annually from your IRA to New Horizons.

  • Charitable Lead Annuity Trust and Charitable Lead Unitrists - You give assets, such as stocks, bonds or real estate, to a trust. The trust will pay New Horizons income for a number of years.  You, as the donor, choose the rate at which the trust will pay out income to New Horizons each year and the number of years the trust will exist. 

  • If you itemize your taxes:

    • Securities - Stocks, bonds and mutual funds that have appreciated over time provide a greater tax benefit to you than gifts of cash.  They're easily transferable, transfer at full market value and allow you to avoid capital gains taxes.  If you have owned your stock for more than 12 months, then you may deduct the full fair market value of the stock as a charitable contribution and avoid capital gains taxes that you would otherwise have to pay for stock that has appreciated in value since purchase.

    • Real Estate - All types of real estate make excellent charitable gifts.  Your current home investment property, vacation homes and land can be used for charitable purposes.  You receive an immediate tax deduction for the full appraised value and avoid capital gains taxes if you've held the property for more than 12 months.

Gifts That Keep Giving After your Lifetime

  • Bequests - A simple addition to your will can launch a powerful legacy.  By designating a specific dollar amount, percentage or residual of one's estate as a charitable bequest to New Horizons, you can make a gift to New Horizons without affecting your cash flow during your lifetime.  Your estate taxes may be reduced as a result of a gift you make to New Horizons through a bequest:

    • General bequest - The donor leaves a gift of a specific dollar amount to New Horizons.

    • Residuary bequest - The remainder of the estate is given to New Horizons after all of an estate owner's obligations are paid.

    • Percentage bequest - A percentage of the estate or of the residuary estate is given to New Horizons.

    • Restricted bequest - The bequest is restricted by the donor for a specific purpose.  This can include setting up an endowment for New horizons.

  • Retirement Assets - The value of retirement plans is often drastically reduced by taxes at the end of life.  Retirement plans are subject to income taxes when transferred to heirs as part of an estate.  However, charities are tax-exempt and eligible to receive the full amount of our retirement plan without paying federal income taxes.  You can name New Horizons as the full or partial beneficiary of your retirement plan.

  • Life Insurance - Often life insurance is not needed later in life.  You can make a charitable gift by naming New Horizons as a beneficiary.  You can name New Horizons as the full or partial beneficiary of your insurance policy and retain ownership of the policy.

  • Charitable Gift Annuity - The charitable gift annuity allows you to donate cash or marketable securities to New Horizons.  In return you (and someone else, if you choose) will receive a fixed amount of income each year for the rest of your lifetime(s).  You will also be eligible for a current income tax deduction.  Annuity payments can begin immediately or be deferred to a future date.  After your lifetime, the remaining funds will be transferred to New Horizons.

  • Charitable Remainder Trust - With a charitable remainder trust, you can receive income each year from assets you place in the trust.  After your lifetime, the balance in the trust goes to the charities of your choice. The trust can pay income for one or more lives, such as to you and spouse, or for a term up to 20 years, such as for your child.  A charitable remainder trust can be funded with appreciated assets such as securities.  Once inside the trust, appreciated assets may be sold with no immediate capital gains tax and the proceeds reinvested in a diversified portfolio.

Before making a planned gift, please consider seeking the advice of your financial or legal advisor.

 

To make a planned gift:

Please contact Debra Haley, 239-218-5606 / pdlghaley@aol.com

In accordance with IRS regulations, gifts to New Horizons of SWFL are tax deductible to the extent provided by law.  New Horizons of SWFL is recognized as a 501 (c)(3), (EIN 11-3678086) non-profit.  A copy of the official registration and financial information may be obtained from the Division of Consumer Services (www.FloridaConsumerHelp.com) by calling toll-free (800-435-7352) within the state. Registration does not imply endorsement, approval, or recommendation by the state. Registration number CH37541.

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 239-948-4146   /   info@newhorizonsofswfl.org   /  PO Box 111833 Naples, FL 34108

Administrative Offices: 25300 Bernwood Drive Suite # 7, Bonita Springs, FL 34135

© 2020 New Horizons of Southwest Florida