Alternative Giving Methods

 

You may wish to help CNE by choosing an alternative giving method. Some of these variations are discussed in more detail below.

1.     Donate Stock

2.     Matching Gifts

3.     Bequests

Please remember that CNE is not in a position to offer legal or financial advice. When considering the tax or other effects of a gift to CNE, we are here to help and discuss any strategy you may wish to pursue in making a contribution to CNE. But CNE is only one part of the process. Effective financial management and charitable giving requires working with attorneys, accountants, and financial advisors. So please, consult your own attorney or financial advisors when making such a decision.

For more information about contributing to CNE please contact:

Terence Mathis, Vice-President
Center for Neighborhood Enterprise
1625 K Street, NW
Suite 1200
Washington, DC 20006
Phone: 202-518-6500 or call Toll Free: 1-866-518-1263
Fax: 202-588-0314

1) Donate Stock

If you have owned stock for more than one year, and it has appreciated in value, you will be able to use the current value of the stock as your charitable deduction. If you sell appreciated stock, rather than donating it, you will be required to pay capital gains tax on the appreciated value. Donating the stock to CNE will let you avoid that result.

Electronic delivery of stock shares is the most secure and expedient delivery process available and provides efficient internal control as well as cost savings. However, you may also transfer certificates directly. To help you facilitate a gift of stock please use the following instructions.

Securities Delivered Electronically

For information about transferring stock directly to CNE’s account, please contact Terence Mathis, CNE Vice President, at (202) 518-6500.

Securities Delivered by Mail

Mail your unendorsed certificate(s) and Irrevocable Stock or Bond Power, in separate envelopes, by registered mail, to:

Center for Neighborhood Enterprise
1625 K Street, NW
Suite 1200
Washington, DC 20006

Notification of Donor Intent

Regardless of the method chosen to deliver a gift of stock, the donor or the transferring broker must provide the following information, for audit and acknowledgment purposes:

Donor's name and complete address
Name and number of securities transferred
Specific CNE program to which gift should be directed, if any

You may provide a letter, or send an e-mail to communicate this information at time of transfer to:

Center for Neighborhood Enterprise
ATTN: Gift Planning
1625 K Street, NW
Suite 1200
Washington, DC 20006
Phone: 202-518-6500 Fax: 202-588-0314
E-mail info@cneonline.org

2) Matching Gifts

Please remember that many employers will match your gift dollar-for-dollar or more providing additional support for CNE. Often these programs are also extended to retirees. If your employer has a matching gift program, it is a simple and effective way to maximize your charitable dollars. Please check with your employer to see if you qualify for a matching gift program.

3) Bequests

A simple, commonly used method to ensure CNE s legacy is to name CNE as a beneficiary in your will. You can do this in one of three ways:

    1. You can leave CNE a specific amount of cash or specific property. For example, I give the sum of $100,000.00 to CNE. Or I give 500 shares of AZX Company stock to CNE.

    2. You can leave CNE a fixed percentage of your estate. For example, I give 30 percent of the residue of my estate to CNE.

    3. You can leave CNE all or part of the residue of the estate after bequests to other beneficiaries have been made. For example, I give the residue of my real and personal estate to CNE.

Remember the estate tax charitable deduction is unlimited.

PLEASE NOTE THAT CNE IS A 501(c)(3) ORGANIZATION.
ALL CONTRIBUTIONS ARE TAX-DEDUCTIBLE TO THE EXTENT ALLOWED BY LAW.


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