So, you’re thinking about making a gift? Thank you for considering Southwest Initiative Foundation as your philanthropic partner!
There are many ways to give to the Southwest Initiative Foundation and our family of over 100 funds. Our many giving tools offer flexibility as you decide how to best use your resources. And, our experienced, professional staff are ready to listen to your charitable goals and offer options to help you fulfill them.
- Appreciated Securities
When you give long-term appreciated securities, not only do you receive an income tax deduction equal to the market value of the securities, but you also avoid capital gains taxes on the transfer.
- Bequests and Retirement Plans
A provision in your will allows you to make a substantial contribution without diminishing the assets available to you during your lifetime. Since bequests are deductible from your taxable estate, significant estate tax savings are possible. In addition, naming the Southwest Initiative Foundation as a beneficiary of your retirement plan also avoids income tax when SWIF would receive its distribution from the plan.
- Cash Gifts
The simplest method of giving is to mail a check to our office, or make your donation online by using a credit card.
- Charitable Gift Annuity
In exchange for a gift of money or securities, SWIF will pay you and/or a loved one a fixed amount annually for the rest of your life. A portion of this income is not taxed, and at the time of the gift, you also receive a charitable deduction.
- Charitable Lead Trusts
You can support SWIF for a term of years or for the life of an individual by creating a charitable lead trust. Income will be paid to the charities of your choice each year during the terms of the trust, and when the trust terminates, the assets revert to you or to individuals you wish to benefit.
- Charitable Remainder Trusts
You can use an irrevocable trust to provide yourself and/or a loved one with a fixed annual income or an income which varies with the value of the trust. Part of your gift qualifies for an income tax deduction, as calculated with IRS tables. At the death of the last income beneficiary, the corpus of the trust is distributed to the Southwest Initiative Foundation.
- Gifts of Grain
Gifts of grain allow farmers to accomplish significant tax savings while charitably benefiting their community.
- Life Insurance
When you give a life insurance policy to the Southwest Initiative Foundation, the cash surrender value of the policy or the cost of a replacement policy is deductible as a charitable contribution. If you continue to pay premiums after your gift, those premiums are also deductible.
- Real and Personal Property
A residence or other real property may be given as an outright gift, or you may prefer to give your residence, farm, or vacation home and retain the right to occupy it for life. Personal property, such as paintings, cars, or musical instruments, makes excellent gifts.
To talk through your specific giving goals and ideas, contact us by email or call (800) 594-9480.