Gifts of Cash

Writing a check or paying by credit card to Preservation Connecticut is the simplest and most direct way to make a donation. Cash donations have an immediate impact on our mission and may entitle you to a current year income tax deduction. Click here to donate online today.

Matching Gifts

You may be able to double your gift to Preservation Connecticut if the company you work for, or have an association with, has a matching gift program. Check with your employer’s Human Resource Department. Send the matching gift form provided by your employer to Preservation Connecticut. Preservation Connecticut will give you credit for both your gift and your company’s matching gift. You may be able to deduct the portion you contribute on your federal income tax return.

Gifts of Securities

Making a gift of appreciated securities can be more advantageous than giving cash. By making a gift of securities, you can eliminate paying capital gains tax; you may receive a charitable income tax deduction, and your contribution will be put to use in furthering our mission today. Please contact Jordan Sorensen, Director of Strategic Initiatives and Operations, at (203)-562-6312 or jsorensen@preservationct.org, for specific instructions on how to make an electronic transfer of securities.

Retirement Accounts

Qualified retirement plan assets are a tax-burdened asset. Many people do not realize that if they die with no surviving spouse, any remaining balance in their qualified plan will be subject to multiple levels of taxation — including federal estate tax, income tax, state inheritance tax, and even generation skipping tax — that can claim 50% or more of its value. It is often advantageous, therefore, to donate such assets to charitable organizations. 

Qualified Charitable Distribution

Is it time to take Required Minimum Distributions (RMDs) out of your IRA account? You can donate these distributions directly to Preservation Connecticut as a Qualified Charitable Distribution (QCD). This satisfies your RMD obligation but is excluded from your adjusted gross income which saves you both federal and Connecticut state income taxes.

Bequests

Your Bequest to Preservation Connecticut can help carrying out our mission in perpetuity. A Bequest, also known as a testamentary gift, is the simplest and most popular way for donors to make a significant, lasting gift. It also enables you to make a major gift that might not otherwise be possible – and a bequest may also significantly reduce the federal estate tax due at death.

Life Insurance

It is easy to name Preservation Connecticut as the beneficiary of a life insurance policy. Just fill out a Change of Beneficiary form available from your insurance provider and give us a copy for our records. There is no immediate tax deduction available for this gift, but you will have the satisfaction of knowing that Preservation Connecticut will eventually benefit and your estate will receive an estate tax deduction. You can also transfer ownership of a paid-up policy to Preservation Connecticut and receive a tax deduction now for the cash surrender value of the policy on the date of transfer. 

Contact us

Preservation Connecticut is here to help with your planned gifts. Please contact Jordan Sorensen, Director of Strategic Initiatives  and Operations,  at (203) 562-6312. Preservation Connecticut strongly encourages you to consult with your attorney when considering a planned gift.