Personalizing your In Memory Gift

            There are many ways to personalize your In Memory Gift, whether it is for your own living legacy or for someone dear to you whom you would like to honor. In the event that you are creating your own legacy, you can start by deciding who you would like to help. Perhaps you had a close friend who was adopted and you want to help other children who need a family or, maybe someone helped you as a child and you want to be sure that other children have the opportunity to have a mentor as well. In the event that you wish to honor someone you love or admire, the process will be similar. What made this person so special? Which qualities touched you so deeply? Choosing a recipient group is very fulfilling but you should keep in mind that this is simply a choice that is available to you and not a mandatory part of the giving process.

Whether or not you have a specific recipient group in mind, you do have to take stock of what exactly it is that you wish to donate. An In Honor Gift can be incorporated into a loved one’s funeral, for example, by asking for donations in lieu of flowers. Or, on a happier occasion, you might include the same request in birth announcements as well. We all seem to know that person or family who has everything, which makes it near impossible to select a gift on such occasions as birthdays, retirement, anniversaries, and the like. Consider starting an In Honor Campaign in which everyone can participate. The presentation of such a gift not only touches the person being honored but also has the added benefit of helping people who are truly in need of assistance in order to survive.

When planning your gift, keep in mind that the nature of an In Memory or In Honor Gift does not have to be financial. Of course monetary donations are always welcome, but consider that there are also many other choices when making a donation. A good charity should allow you to donate anything from vehicles to property, stocks or mutual funds, to life insurance or volunteer hours. Also remember that the right organization should offer an experienced professional to help cover all the options and assist you with planning and spreading the word. You should be able to structure your gift in such a way that it serves your purposes without becoming overwhelming or stressful.

In Memory and In Honor Gifts through Volunteers of America

            By making your In Memory or In Honor Gift through Volunteers of America Greater New Orleans, you will have the comfort of knowing that their capable staff will be there to guide you each step of the way. VOAGNO has been serving residents of southern Louisiana in 16 parishes for over 100 years, with programs assisting children, families, veterans, seniors, and persons with disabilities. Donations are tax deductible, easy, and secure, and an average of .88 cents of every dollar donated goes directly toward funding for their programs. To learn more about VOAGNO or to get started on your gift today, visit www.voagno or call (504) 482-2130.

Planned Giving: Getting Started

When it comes to charity, have you ever found yourself saying, “I wish I could help,”? Even if you are someone who never has free time, or you are not really the ‘hands on’ type, there are still ways to give, and gift planning can be a very rewarding part of your own personal legacy. Everyone wants to know that they’ve accomplished something great and to leave behind a trail of goodwill. Planned giving will give you the satisfaction of knowing that you’ve given someone who is struggling to survive a helping hand.

Once you’ve made the decision to become a donor, you’ll want to find the right charity. To begin with, you’ll want to give to an organization that has some staying power. Fly-by-night schemes are everywhere these days and it’s crucial to know what to look for in a legitimate cause. This can usually be determined with a minor amount of internet research. It’s always a good idea to start by looking at groups that are local because it will allow you to follow up more closely on their activities, but it will also give you the chance to ensure that your donation will go toward helping your neighbors and community. Be sure to look for an agency that is an Official IRS Recognized 501 (c)(3) charity, which should be advertised fairly openly, as this will guarantee that your donation is made securely and also that you will receive the appropriate tax deductions.

Another easy way to find a legitimate organization is by looking at whether or not they openly volunteer to their donors what percentage of their intake goes directly to their recipients. You should know that the law does not require a minimum standard on this percentage in order for a business group to function as a charity. This means that a ‘charitable’ group can have all the right earmarks of legitimacy – such as swanky benefits, testimonials, web sites, etc. – and still only donate as little as 1% of their collections to the targeted population. Charities are also not obligated to offer this information to the public, so beware of any group that minimizes or ignores this important information.

You’ll also want to choose a charity group that offers different giving options, maximum tax deductions, and the right to set up the donation so that it helps a particular group of your choosing, such as veterans or children and families. You should also consider the flexibility of types of donations accepted to ensure a good fit. A good charity should allow you to donate anything from cars or other vehicles to property, artwork, or a monetary bequest. It’s important to know for sure that your chosen organization has made as easy and safe as possible for you to donate, so be sure to ask about procedures. Settling an estate is complicated enough without the added hassle of legal entanglements or petitions later on!

Make a Planned Gift to Volunteers of America

            Since the 1890s, Greater New Orleans Volunteers of America has been providing charitable services to Louisiana in 16 parishes. Volunteers of America accepts planned gifts of all types and amounts, and they will help you structure your gift so that you receive the maximum tax benefits available. Call (504) 482-2130 for more information or visit www.voagno.org and select the “Give A Gift” tab to get started, or just read some of their success stories. Gifts can be made online, by phone, fax or mail, and donations can be anything from stocks or mutual funds to a car to volunteer hours. Start your legacy today!