You Can Make A Difference!
There are millions of Americans from countless walks of life, each with their own success story. Ask them where it all started and the answer for many will be the same: their local Boys & Girls Club. But not every story has a happy ending. That's why our children need help from people who care. Please join us and help us shape a young life.
Your gift today will help us provide the life-changing programs and guidance that make our Club successful. Working together, we can reach the next generation of youth who will transform themselves, their communities, and America for the better.
Because today and every day a new story begins. Help us make more successful stories. It all starts with you.
General Donations
Gifts of cash, by check or credit card are always appreciated. You may mail your donation to:
Boys & Girls Club of Northern Westchester
351 Main Street
Mt. Kisco, NY 10549
You may also donate online, using our secure donation page, or by phone by calling Diana Carrano, Development Associate, at 914-666-8069 ext 136.
Pledges
You can increase the value of your gift to the Club by pledging a larger amount to be paid over a period of time, up to five years. For instance, if you intend to give $2,000 each year, you could make a $10,000 pledge to the Club to be paid over five years. You would benefit by more significant credit and recognition opportunities such as a named gift. Additionally, the Club could benefit by using the pledge to meet a matching grant, thereby doubling the amount of the gift.
Memorial and Honorary Gifts
Honorary and memorial gifts are important sources of support for the Boys and Girls Club of Northern Westchester. At the time of the gift, a letter is sent to the individual or family of the honoree, notifying them of the donor's generosity.
Named Gifts
Rooms or spaces in our building may be named by donors in recognition of substantial gifts. Donors are recognized by a plaque on the wall outside the entrance to the room, or at the entrance to an area. Please contact us for a complete list of rooms and areas available for naming.
Employer Matching Gifts
Many companies have programs through which they will "match" the charitable contributions made by their employees. Through corporate gift matching, your employer can multiply your gift to the Boys & Girls Club of Northern Westchester, making it go further.
Check with your company's human resources office to see if they offer gift matching. (If they don't, you may want to ask your company to start one.) If your employer does offer this program, your Human Resources department should provide you with a matching gift form to send to the Boys & Girls Club of Northern Westchester along with your donation. Complete this form and mail it with your donation to:
Boys & Girls Club of Northern Westchester
351 Main Street
Mt. Kisco, NY 10549
We will verify receipt of your gift and return the form to your company for matching funds.
Conditions and criteria for gift matching vary by employer. Some companies offer a payroll deduction plan. For more information or if you are not sure if the Boys & Girls Club of Northern Westchester qualifies for your company's gift matching program, contact Brian Skanes at 914-666-8069 ext. 105. We'll be glad to send information about our mission and programs to your employer.
Donation of Stock
For more information about donating stock, please contact Brian Skanes at 914-666-8069 ext 105.
Examples of the Tax Benefit of Donating Stock
The gift of an asset, often common stock or mutual fund shares, is a valuable way to make a contribution to a charitable organization and receive tax benefits based on the value of the asset(s).
For example, suppose Ted and Alicia had 300 shares of XYZ Corporation that they had purchased at $15 a share some years ago. The current value in today's market is $36 a share. If they sold the stock in the market, they would have a taxable, long-term capital gains on the difference between their cost and what they would receive from the sale ($36 minus $15 = $21 capital gains per share; 300 shares X $21 = $6,300 in capital gains).
They could sell the stock, pay the tax on the capital gains, and either keep or donate the proceeds. If, instead of selling the stock, Ted and Alicia gave the 300 shares to their charity, they would not incur any capital gains and would be able to deduct the current value (300 shares X $36 = $10,800) as a charitable gift. By donating the stock, the charity receives more than it would receive if Ted and Alicia first sold the stock and then donated the proceeds after deducting the capital gains taxes. Also, Ted and Alicia receive a greater tax deduction by giving the stock directly to the charity and avoiding the capital gains tax.
Giving Appreciated Shares of Stock |
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|
Shares Sold |
Shares Donated |
Market Value
Original Cost
Tax on Gain
Income Tax Deduction
Income Tax Saved
Gift Value to BGCNW |
$10,800
$4,500
$1,575
$ -0-
$ -0-
$ -0- |
$10,800
$4,500
$ -0-
$10,800
$3,100
$10,800 |
(Example assumes shares owned for more than 12 months. Donor is in 28% tax bracket, 20% gains tax rate and 5% state income tax rate. Tax rates may vary from state to state.)
Planned Giving
Bequests
When you include the Club in your will, you help provide a legacy for all children in Northern Westchester while saving your heirs estate taxes. You may make a bequest as an outright dollar amount, a described property, or a percentage of your residuary estate. Additionally, contingent bequests can be made to provide first for family or friends and to benefit the Club only if the named beneficiaries pre-decease the person making the will.
Life Income Gifts
The Club offers several ways to make a charitable gift that pays you or someone you love income until death. This type of gift offers you the following benefits:
- Lifetime income payments
- A significant income tax deduction in the year of the gift
- Estate tax and gift tax deductions
- Professional money management from the managers responsible for the Club's finances
Planning for the Future
There are a variety of other ways to plan for your family and loved ones. The Boys & Girls Club of Northern Westchester has financial advisors who can offer advice to help you maximize your charitable gift.
For more information about planned giving, please contact Executive Director Brian Skanes at 914-666-8069 ext 105. For more information about creating a will or living trust and how you can protect your family from accidental disinheritance, please click here to be connected to Boys & Girls Clubs of America's Planned Giving information page.
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