DONATION OF STOCK
The fastest and easiest way to make a stock gift is to do an electronic transfer. Your broker will need the following information:
DTC #: 8862
Account Name: Community Aging and Retirement Services, Inc
Account #: 587-02789
Brokerage: The Schreck Group
26301 US Hwy 19 N
Clearwater, FL 33761
Please also provide:
- Name and Address
- Type of Stock
- Number of shares
Additionally, you may choose to mail the unendorsed certificate and a signed stock power, separately, to the following address:
12417 Clock Tower Pkwy
Hudson, FL 34667
GIFTS OF LIFE INSURANCE
Gifts of life insurance are welcomed in supporting our mission of caring for the elderly. A modest premium will provide thousands of dollars of benefit for the elderly we care for. One way to achieve this is through the purchase of a new insurance policy naming Community Aging and Retirement Services Inc. as both the irrevocable owner and beneficiary.
As premium payments are made to the insurer, they would be deductible by the donor for federal income tax purposes if the charity is both the irrevocable owner and beneficiary of the policy. Premium payments may generate a potential federal income tax deduction of up to 50 percent of the adjusted gross income of the donor, with a 5-year carry forward of any excess. Favorable gift and estate tax consequences may also result from such a gift.
Once the policy is issued, we would appreciate having a copy of the policy for our records.
If you currently have a life insurance policy you can name CARES as the first, second, or contingent beneficiary of existing policies. This can be accomplished by simply using a change of beneficiary form which any policyholder can request from the life insurance carrier.
WILL YOU LEAVE A LEGACY? REMEMBER US IN YOUR WILL.
Thank you for your interest in supporting the important mission of CARES. Your support shows you share our vision of providing the best services possible to our elderly. When you remember CARES in your estate plan, you leave a lasting legacy of your values, and you allow our work to continue far into the future.
Planned giving can provide an advantageous way to support CARES through your estate plan or will. Your thoughtful foresight, generosity and commitment can help ensure support for our community’s seniors while providing you with additional financial benefits that might include federal income tax and estate tax deductions.
Planned gifts can be donated to CARES in several ways and are best planned with the counsel of a financial or legal adviser
Contributions of supplies, equipment and services can help CARES continue its mission and its services.
OUR LEGAL NAME AND ADDRESS:
Community Aging and Retirement Svcs. Inc.
12417 Clock Tower Parkway
Hudson, FL 34667
DBA – CARES
Here is a copy of our 501(c)(3) IRS determination letter.
A COPY OF THE OFFICIAL REGISTRATION (CH-1299) AND FINANCIAL INFORMATION MAY BE OBTAINED BY CALLING TOLL-FREE (800-435-7352) WITHIN THE STATE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE. CARES FEDERAL ID NUMBER IS 23-7348090.