Thank you to Leininger Associates for the donation of the construction fencing. Leininger Associates has also contributed $2800 toward the plumbing costs of the new building.
Thank you to All In One Foundation for their major financial support of this program.
Support Teen Rescue when you buy stamps.
If you're going to buy stamps, please go to the following link and purchase these unique Teen Rescue stamps. Every order supports Teen Rescue. Thank you for your support and please tell a friend.
Cash
A gift of cash is available immediately for use by Teen Rescue, Inc and is fully deductible for donors who itemize their federal income taxes. If a cash gift totals more than 50% of adjusted gross income, the balance may be carried forward for up to five additional tax years.
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Credit Card
A quick and easy way to make a gift is with a credit card. Teen Rescue, Inc. accepts VISA and MasterCard. A credit card gift often provides flexibility for donors who wish to make larger gifts by spreading payments out over several months or the entire year. Please feel free to use our safe and secure PayPal account.
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Estate and/or Planned Giving
Your generous donation creates a legacy of assets from major gifts, life income programs, and trust and estate gifts. While focusing on the needs of Teen Rescue, Inc., donors, we helped to establish a legacy program for all Teen Rescue programs or focus on specific programs and services that make the difference in the lives of the families and teens we serve.
Benefits of a Life Income Trust
A life income trust is created by transferring the ownership of cash, securities or property into your trust. Thereafter, for life or for a predetermined length of time, the trust will provide income either to you or your beneficiary at least once a year. When the trust expires, usually at the end of your life or your beneficiary's life, the principal passes to Teen Rescue, Inc. A life income trust is an excellent choice for highly-appreciated assets that produce little income.
Tax Deduction:
This deduction is based on the market value of the gift, the beneficiary's age and the trust's annual income, with current tax laws determining the amount.
No Capital Gains Tax:
By depositing appreciated assets into this trust, you may avoid capital gains taxation.
Increased Income:
The trust may create additional life income for you.
Estate Tax Savings:
Life income trusts can provide for your needs during your lifetime and, with the future gift to Teen Rescue can reduce estate taxes.
Tax-Free Income:
To qualify, the trust must be deposited with California Municipal bonds or with cash that could be used to purchase tax-free bonds.
Annual Income:
Income is available at either a fixed or variable rate, depending upon your needs.
Benefits of a Bequest.
A bequest is a gift passed down through a will or living trust. It entitles you to an estate tax deduction equal to the amount of the gift, thus reducing your taxable estate.
Estate Tax Deduction:
To encourage you to make a bequest to a charitable cause such as Teen Rescue, the Federal Estate Tax Regulations place no limit on the amount of your estate tax deduction for qualifying gifts.
Personal Control:
Whatever the size of your estate, a bequest allows you to decide how your assets will be disbursed after your lifetime. Making a charitable gift to Teen Rescue, through a bequest may also reduce probate costs and increase the assets you leave your loved ones.
Benefits of a Living Trust.
Lawyers call a living trust an inter vivo trust, meaning "a trust that takes effect during the donor's lifetime." With such a written agreement, you choose someone who has your confidence as a Trustee. This Trustee may be you, your spouse or anyone else you choose.
Avoid Probate:
Probates are usually unnecessary, but not in all cases. Because the assets in your living trust are omitted from probate, your family will spend less time and expense.
Financial Security for you and your family:
You may leave Teen Rescue, a specific dollar amount or percentage of the trust and arrange for the remainder to be distributed among your beneficiaries.
Security during illness:
If you become ill and cannot handle your affairs, your Successor Trustee may oversee your assets and pay your bills.
Privacy:
The public and the press have no legal access to private information about your assets placed in a living trust.
Flexibility:
Living trusts are changeable and fully revocable.
Personal Control:
You may choose to retain control over your living trust by instructing the Trustee to consult you about investment changes. If you wish, you may serve as your own Trustee.
Professional Management:
If you so choose, you may select a professional money manager who can see to the investment of your assets.
Estate Tax Savings:
Using a living trust can provide a future gift to the teens and families of Teen Rescue, and may reduce or eliminate estate taxes, while providing for your needs and that of your family during your lifetime.
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Gift of Land or Property:
Real property, such as a house, apartment building, land, or farm, may be given outright. In this case, Teen Rescue, Inc. will sell the property and use the proceeds immediately. It is also possible for real property to be used to fund a trust and provide the donor (or another person) with lifetime income. Additionally, a donor can give a house to Teen Rescue, Inc. and retain the right to live in it. This type of gift provides the donor with an immediate charitable deduction, and may also allow the donor to claim deductions throughout his or her lifetime on capital improvements made to the property.
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Gift of Stocks or Bonds:
If you have marketable securities that have grown substantially in value, the tax laws make it possible for you to make an important gift at remarkably low after-tax cost. Indeed, under the right circumstance, a benefactor could make a gift worth $100,000 at a cost of as little as $32,400. A lifetime gift of appreciated securities generally qualifies not only for the income tax deduction associated with all lifetime charitable gifts, but it also avoids the long-term capital gains tax on your paper profit. Usually, a sale of appreciated securities results in a tax on your full gain-meaning that you keep only part of the profit. But if appreciated securities are given to a qualified charitable organization, there is no tax on your gain, even though your "profit" is counted as part of your charitable deduction.
Here are the rules for giving appreciated securities or other property:
The full fair market value of the property, if you have owned it more than one year, is deductible in the year of the gift. If the gift, coupled with other gifts, exceeds 30% of your adjusted gross income (the maximum deduction allowable for most gifts of appreciated property), the excess can be carried over and deducted in up to five subsequent years.
No matter how much the property has appreciated in value, you pay no capital gains tax on your paper profit. Important: The securities should be transferred to Advocate to avoid capital gains. If you contribute assets other than publicly traded securities, you will need a qualified appraisal if the value is over $5,000.
How to Make a Gift of Securities (Stocks, Bonds, etc.)
Here are the steps for giving your appreciated stocks and bonds.
If Your Broker Holds the Shares:
- If your securities reside in a brokerage account, ask your broker to transfer the specified shares electronically.
- When directing your broker to make this transfer, you need to include the above information in a written letter. In this letter, you should also specify Teen Rescue, Inc. and/or the Julian Youth Academy, program or fund to which you are making your gift. Please make sure to also send a copy of this letter to the Teen Rescue Corporate office at:
Teen Rescue Corporate Office
PO Box 2167
Chino, CA 91708.
- If your broker has questions about making an electronic gift of securities, please have your broker contact our office at (909) 590-7030.
- The gift will be valued on the date the securities are received into Teen Rescue's account. The value will be the mean of the high and the low trades on the date the gift was received.
- You should not allow your broker to sell the securities and send us a check. If the broker does this, the tax advantages of making the gift may be eliminated.
If You Hold the Certificates:
- Please mail the certificates via U.S. Postal Service (first class mail) without any endorsement or assignment along with a letter stating the purpose of your gift to the:
Teen Rescue, Inc.
PO Box 2167
Chino, CA 91708
In a separate envelope, please send one endorsed Stock Power Form per certificate to the above address. You will need to guarantee the signature on the stock power form. This is different from having a document notarized. Most banks provide a signature guarantee service. You should endorse each form exactly as your name(s) appear on the front of your certificate(s). You do not need to include any other information on the form.
- The stock certificates will not be negotiable until we have received both envelopes.
- The gift date will be established from the later postmark of the two envelopes. The value will be the mean of the high and the low trades on the gift date.
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Corporate/Employer Matching Gifts:
Many corporations match gifts to charitable institutions made by employees and directors; some will match the gifts of employee spouses and retired employees as well. For information about your employer's matching gift program, please contact your human resources office.
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The information on this website is not intended as legal, tax or investment advice. For such advice, please consult an attorney, tax professional or investment professional.
