Matching Gifts
Many companies offer matching gift programs to encourage employees to contribute to charitable organizations. The amount of money you donate can often be doubled—or even tripled—by applying to your company's matching gift program. If you are not sure if your company matches employee contributions, talk to your Human Resources Director or Corporate Giving Officer to see if your employer offers a matching gift program that will increase your gift to BAYCAT. Companies do respond to employee interest in these types of programs, and often it's easy to register through a toll-free number or website. Although matching gifts are not tax-deductible for you, any matching funds you initiate will count toward your overall giving level on donor lists and for recognition purposes. Every dollar counts! Thank you for your continued support.
Workplace Giving
If you prefer giving through direct payroll deductions through your workplace, there are some helpful guidelines at United Way Bay Area (hyperlink) United Way is a national organization that includes approximately 1,400 community-based United Way organizations. To allocate your United Way contributions to BAYCAT, please use the following designation: (information coming). If you can't find BAYCAT listed in your United Way campaign materials, write in "BAYCAT" on your pledge card.
Planned Giving
After providing for family and loved ones, one of the most popular gifts is a planned gift. This allows the donor to make a charitable contribution to an organization through a plan that also addresses the donor's personal, financial and philanthropic objectives. Planned gifts can also provide tax benefits for the donor.
Wills and Living Trusts
There are a variety of ways that you can make a charitable estate gift. The simplest way is to include the charities of your choice in your will, either as outright gifts, or while also providing for family and friends.
Retirement Plan Assets
You may also be able to gain a tax benefit by naming BAYCAT as a beneficiary of all or a portion of a retirement plan [IRA, 401(k), 403(b)]. If you have extra life insurance coverage, you may consider transferring ownership to BAYCAT. You may also purchase a new policy, and later name BAYCAT as the owner and beneficiary. Either gift may generate a charitable income tax deduction. If you have questions, or would like to discuss your gift with us, contact Anne Holmes at anneholmes@baycat.org; 415.701.8228 x204. Thank you for considering BAYCAT in your planned giving.
Gifts of Stocks
Your gift of appreciated stock may provide a two-fold tax advantage. First, you may avoid paying capital gains tax on the increase in the value of the stock. Second, you might receive a federal income tax deduction for the full fair market value of the stock at the time of the gift. You should always consult with your financial advisor before initiating a charitable gift arrangement. To transfer stock, contact anneholmes@baycat.org; 415.701.8228 x204. Appreciated securities, held longer than one year, are eligible for donation. A tax receipt confirming the dollar amount of your charitable donation will be sent to you once the stock transfer is finalized.