Smart Giving
The Arc of Steuben Foundation
The Arc of Steuben Foundation would like to bring you information on ways that you can create a “Legacy of Love” for someone you care about, and support The Arc of Steuben.
We hope you find the information valuable and informative to assist you in determining how you can make your tax deductible contribution work best for you and also help us succeed in our mission of supporting people so they realize their goals and dreams and become the best they can be.
If you have any questions regarding a specific topic, please feel free to contact us at
(607) 622-1853 or foundation@arcofsteuben.org.
What To Give
- Gifts of Cash
A gift of cash is a simple and easy way for you to make a gift. You will receive a charitable tax deduction that will provide you with savings on this year’s tax return. - Gifts of Stocks and Bonds
A gift of your securities, including your stocks or bonds, is an easy way for you to make a gift. By making a gift of your appreciated securities, you can avoid paying capital gains tax that would otherwise be due if you sold these assets. - Gifts of Retirement Assets
A gift of your retirement assets, such as a gift from your IRA, 401k, 403b, pension or other tax deferred plan, is an excellent way to make a gift. By making a gift of your retirement assets, you will help further our work. - Gifts of Insurance
A gift of your life insurance policy is an excellent way to make a gift to us. If your life insurance policy is no longer needed or will no longer benefit your survivors consider making a gift and help further our mission. - Gifts of Real Estate
A gift of your real property (such as your home, vacation property, vacant land, farmland or ranch or commercial property) can make a great gift. If you own appreciated real property, you can avoid paying capital gains tax by making a gift to us. - Gifts of Business Interests
As a business owner, you have the opportunity not only to build your business (and wealth) for yourself and your family, but also to accomplish your philanthropic goals through charitable planning.
The information contained in this website is provided for informational purposes only and should not be construed as legal or financial advice on any matter. We encourage you to seek the advice of an attorney and/or a financial planner with expertise in special needs planning who can advise you on how to protect both current and future financial needs.
How to Give
- Bequest
A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or The Arc as part of your estate plan, or you can make a bequest using a beneficiary designation form. - Special Tax Free IRA Gifts
You may be looking for a way to make a big difference to help further the Mission of The Arc of Steuben. If you are 70½ or older you may also be interested in a way to lower the income and taxes from your IRA withdrawals. A charitable gift made through your IRA is a way you can help continue our work and benefit this year. - Charitable Remainder Unitrust
You transfer your cash or appreciated property to fund a charitable remainder unitrust. The trust sells your property tax free and provides you with income for life or a term of years. - Charitable Remainder Annuity Trust
You transfer your cash or appreciated property to fund a charitable remainder annuity trust. The trust sells your property tax free and provides you with fixed income for life or a term of years. - Charitable Lead Trust
You fund a trust that makes gifts to us for a number of years. Your family receives the trust remainder at substantial tax savings. - Sale and Unitrust
You give a portion of your property to us to fund a charitable remainder trust, when the property sells you receive cash and income for life. - Bargain Sale
We purchase your property for less than fair market value. You receive cash and a charitable deduction for the difference between the market value and purchase price. - Give it Twice Trust
You provide your children with a stream of income while making a gift to charity. - Life Estate Reserved
You give your property to our organization but retain the right to use the property during your life. - Donor Advised Funds
You fund a Donor Advised Fund and make charitable gift recommendations during your lifetime. When you pass away, your children can carry on your legacy of giving. - Blended Gifts
There are many combination gift options that can make your giving go farther than a simple gift of cash or property.
The information contained in this website is provided for informational purposes only and should not be construed as legal or financial advice on any matter. We encourage you to seek the advice of an attorney and/or a financial planner with expertise in special needs planning who can advise you on how to protect both current and future financial needs.
