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Transforming  young people’s lives and transforming the fabric of our society.

Here are other ways you can help!

There are other creative ways to make a gift besides writing a check or donating with a credit card.  Here are some of the most popular ways that financially savvy donors use to support YGB’s work to find loving, permanent families for youth in foster care. 

GIVE A GIFT OF APPRECIATED STOCK

Consider transferring shares of appreciated stock that you have owned more than a year (long-term).  You will be eligible for a charitable tax deduction for the full value of the stock rather than the cost basis, and you avoid paying capital gains tax. Your broker or investment advisor will need the following information:

You Gotta Believe’s Brokerage Account Information

TD Ameritrade 

PO Box 2209

Omaha, NE 68103-2209

DTC Number: 0188

Account Number: 494-014889

Account Name: You Gotta Believe Older Child Adoption & Permanency Movement

 

Important Note: Please contact Stephanie Arcella at sarcella@yougottabelieve.org so we can be on the lookout for your stock gift and acknowledge it properly.  

BEQUESTS IN WILLS OR REVOCABLE TRUSTS

Including a bequest in your will or revocable trust is an excellent way to make a transformative gift to You Gotta Believe without worrying about your current financial situation.  Since this is completely revocable you have the flexibility to change your estate documents, if your personal situation changes. 

Following is suggested bequest language to share with your legal advisor:

I give, devise and bequeath (__%) or (__$) to You Gotta Believe! The Older Child Adoption & Permanency Movement located at 3114 Mermaid Avenue, Brooklyn, NY 11224 to be used for its general purposes (or for a specific program).

Please contact Stephanie Arcella at sarcella@yougottabelieve.org for information about naming and endowment opportunities. 

GIFTS OF RETIREMENT
ASSETS

IRA, 401(k) and 403(b) funds are valuable assets to leave to charity because they are heavily taxed when left to heirs.  Since You Gotta Believe is a qualified not-for-profit organization, these assets can pass to the organization without any tax obligation. This also is an easy gift to make as you simply add You Gotta Believe as a full or partial beneficiary on your retirement account’s beneficiary form, which is usually found online.  Following is important legal information to include on the form:

You Gotta Believe! The Older Child Adoption & Permanency Movement, 3114 Mermaid Avenue, Brooklyn, NY 11224, Federal Tax Identification Number: 11-3272603

Feel free to contact Stephanie Arcella at sarcella@yougottabelieve.org with questions or to discuss naming opportunities.

GIVE RETIREMENT ASSETS
NOW

If you are 70 ½ or older you can support our current work with a tax advantaged gift directly from your IRA.  This is called a Qualified Charitable Distribution or IRA Charitable Rollover.  Your gift must come directly to us from your IRA, must come from a traditional IRA account and cannot exceed $100,000 annually.  While your gift will not qualify for a charitable tax deduction, it can be very tax advantageous because any amount you transfer to us does not count as taxable income.  Additionally, your gift counts against your Required Minimum Distribution (RMD) if you are age 72 or older.  

Your IRA administrator should be able to help you make this gift, but you can contact us for more information at sarcella@yougottabelieve.org.

LIFE INSURANCE

Another way to support our work with a meaningful donation is to name us as a beneficiary of a life insurance policy that may no longer be needed in its entirety for your family.  Not only is this easy, but very flexible since you can change your beneficiary designees at any time should your family situation change.  Additionally, your estate would receive an estate tax deduction if it is subject to tax at the time of transfer.  Following is information to share with your life insurance administrator:   

You Gotta Believe! The Older Child Adoption & Permanency Movement, 3114 Mermaid Avenue, Brooklyn, NY 11224, 

Federal Tax Identification Number: 11-3272603

 For more information about financially savvy ways to give or to discuss specific programs to support please contact us at sarcella@yougottabelieve.org.

CARES ACT

Recent legislation enacted by the president and Congress in March 2020 known as the Coronavirus Aid, Relief and Economic Security Act (Cares Act) include several provisions that make charitable giving even more advantageous:

New Charitable Deduction for Non-Itemizers

Taxpayers who take the standard deduction rather than itemizing will be able to claim a charitable deduction of up to $300 for cash donations made in 2020.


Higher Deduction Limits

Individuals in 2020 can deduct cash gifts to the extent of their entire adjusted gross income.  Previously it was 60% of adjusted gross income. Additionally, the deduction limit for corporations in 2020 has been raised from 10% to 25% of taxable income.

You Gotta Believe is a tax-exempt charitable organization under Section 501(c)(3) of the Internal Revenue Code. Our Federal Tax ID # is 11-3272603. Donations are tax-deductible as allowed by law. To send your donation by check, make payable to You Gotta Believe and mail to:

You Gotta Believe
3114 Mermaid Ave
Brooklyn, NY 11224

Thank You!
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Donate to Willie Garson's fundraiser!

For National Adoption Month, help Willie Garson raise $15,000 to help YGB connect older kids with loving families!