Planned Giving

Tax Advantaged During Your Lifetime

Donate stocks, securities, and mutual funds

Giving appreciated assets such as stocks, securities, and mutual funds can help you avoid paying capital gains taxes. And if you’ve had the assets for more than a year, you can also receive an income tax deduction.

Give appreciated assets now and enjoy the benefits, or add us as a beneficiary of these assets and eliminate estate and inheritance tax, making an income deduction.

Make a required minimum distribution from your IRA

Those over 70½ must take a Required Minimum Distribution (RMD) from retirement funds (i.e., an IRA, 401k, or 403b). These distributions are considered regular income and are taxed at the taxpayer’s regular rate. Donating all or part of the RMD to a charity satisfies the RMD on the amount donated while reducing taxable income, saving donors both federal and state tax. To make your Qualified Charitable Distribution to CAP Services, contact your financial institution and request your Qualified Charitable Distribution be sent to CAP Services, 2900 Hoover Road, Suite A, Stevens Point, WI 54481. The check will come to us directly from your financial institution, so you should request that your name be printed in the check memo so that we can attribute the gift to you.

Make a gift of real estate

Your real property may be donated to CAP Services. You can avoid paying capital gains tax on the sale of the real estate, receive a charitable income tax deduction based on the value of the gift, and make a long-term impact on your community. Each real estate donation is evaluated for how it can best serve CAP’s mission. Donated properties may be used for programming, income generation, or be liquidated.

Make a gift to an endowment

An endowment is a powerful tool that ensures organizations that are important to you are here for future generations. This investment fund provides a tax advantage during your lifetime. You can make donations to CAP during your lifetime and after your death at specified intervals.

Gifts Tax Advantaged After Your Lifetime

Designate CAP Services as a beneficiary in your retirement or investment account

To leave your retirement assets to CAP, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate CAP as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.

Include CAP in your will or trust

You don’t have to be wealthy to leave a lasting legacy. A bequest of any amount contributes to our ability to transform communities. A sentence or two in your will completes your bequest and it’s easy to revoke if your situation changes. Plus, your assets remain in your control during your lifetime.

You can designate a gift of a certain amount or a percentage of your estate to CAP using the following sample language:

“I hereby give ______ (percentage, residuary share or specific amount or asset) to
CAP Services, Inc., 2900 Hoover Road, Suite A, Stevens Point, WI 54481.” Tax ID number: 39-1080897

Designate CAP as a beneficiary on your life insurance policy

If you purchased a life insurance policy to provide for minor children and they are now financially independent adults, or you have a policy that has outlasted its original purpose, please consider making a gift of your policy to CAP.

To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include CAP Services, Inc., 2900 Hoover Road, Suite A, Stevens Point, WI 54481 (Tax ID number: 39-1080897) as the beneficiary of your policy.