"I have always believed that I could help change the world, because I have been lucky to have adults around me who did."
-Marian Wright Edelman |
 How Do I Make a Gift for a Specific Purpose or To Honor or Memorialize A Person?
Many donors allow us to use their gift where it is most needed. You may also designate the park, program or building you would like to benefit. Your gift is also a wonderful way to honor someone who has made a difference in your life. You may name a playground, park bench, building for the person you want to honor, or choose a program or project you want to support:
- Accessible Playgrounds Project
- Tennis Stadium
- THPRD Rec Mobile
- John Quincy Adams Young House Historic Restoration
- Your Neighborhood Park
- Elsie Stuhr Endowment Fund
These types of gifts may be designated at the time you give, or specified in your will, the same way you would leave a personal gift from your estate.
Leaving a Legacy
Planned giving allows you to use your assets to make a difference beyond your lifetime. There are many different options. Call us or e-mail us to assist you in choosing the best option for you and your family.
Who Can Help Me Arrange for a Gift?
If you are working with a professional financial planner, accountant, attorney, or insurance agent, talk with them about what you want to do. They can tell you about the tax benefits of your gift.
What's My First Step?
Think about what is important to you. Perhaps your children have grown up playing sports at the Tualatin Hills Park & Recrreation District or you've been involved in classes and activities that have made your life better, or you have a park or trail that you love. You might be an active volunteer. You may be a strong supporter of the quality of life in our community. Then, call your advisor.
Do I Tell the Foundation About My Plans?
That is entirely up to you. Of course, we would like to know in advance, so we may recognize you for your generosity.
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What Types of Gifts May I Make?
Appreciated Assets
Gifts of appreciated property, such as real estate or shares of corporate stock, allow you to make a substantial contribution and also gain important tax advantages. If you owned the property at least one year, you incur no capital gain on the transfer and can claim a market value income tax charitable deduction in the year of the gift with a five-year carryover for any excess.
Bequest
Bequest in a will or living trust may allow you to make a more substantial gift than could be managed during your lifetime. You can name THPF to receive a specific sum, a specific asset, a percentage of the residue of the estate, or as the contingent beneficiary of the estate.
Cash
Gifts of cash can be in the form of currency, checks, money orders, or charged to your MasterCard, VISA or Discover Card. You may donate via credit card on this site. Click on the Donate Now button. Please make your check or money order payable to Tualatin Hills Park Foundation (THPF). You may make a one-time donation or tell us how much you would like to donate each month, and we will debit your account once a month for the duration of your commitment - 6 months, 1 year, 3 years, etc.
Charitable Remainder Trust
A Charitable Remainder Trust (CRT) is a separate trust with a trustee of the donor's choosing. The trustee can be the donor, a bank, or a charitable organization. Properly structured and managed, a CRT can provide an immediate partial income tax deduction, a lifetime source of income to the donor and his or her spouse, and, at the end of the trust, a substantial gift to THPF.
Life Insurance
Life Insurance Policies that have "outlived" the purpose for which they were purchased may be gifted to THPF. By doing so, you can claim an income tax charitable deduction for the policy's cost basis or an amount roughly equal to the cash surrender value whichever is less. Another gift option using life insurance is to have THPF purchase a new policy that insures your life or yours and your spouses lives. Your gifts of cash or appreciated property would cover premiums and are tax deductible.
Retirement Plan Assets
Retirement Plan Assets naming THPF as a designated beneficiary on the plan documents allows all or a portion of your remaining plan assets to be distributed to THPF completely free of estate tax and beneficiary income tax.
Tax-free Gifts from IRAs
The 2008 Economic Stabilization Act includes a provision that extrends charitable IRA rollovers to all gifts made before December 31, 2009. You must be at least 70 1/2 years of age. You must give to a 501 (c) (3) like the Tualatin Hills Park Foundation. You may donate up to $100,000. Your gift must be made directly from the IRA to the Foundation. This type of donation is tax-free and it applies to your Required Minimum Distribution.
Goodsearch
The Foundation can earn a penny every time you search the Internet.
GoodSearch.com is a search engine that donates half its revenue, about a penny per search, to the charities its users designate. You use it just as you would any search engine, and it's powered by Yahoo!, so you get great results.
You may also use GoodShop to shop on-line and a percentage of your purchase will also be designated for the foundation. There are more than 40 top retailers participating.
Just go to www.goodsearch.com and be sure to enter Tualatin Hills Park Foundation as the charity you want to support. Then search or shop and make a difference at the same time. Just 500 of us searching four times a day will raise about $7300 in a year without anyone spending a dime! Shopping through the site will contribute even more.
Please use GoodSearch and spread the word to friends and family! |
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