To discuss any of these planned giving opportunities, contact Development Director Nicole Douglass at ndouglass@casacentex.org or 830-626-2272

Appreciated Securities/Stock

Do you have appreciated stocks in a brokerage account or in certificate form? A gift of publicly-traded stock will provide support for CASA at the full market value and with no capital gains tax paid by the donor. A donor may be able to take a charitable deduction on their federal income tax return for the market value of the securities at the time of stock transfer without recognition of capital gains.

Retirement Accounts

Inclusion of retirement plans may subject an estate to additional federal and state income and estate taxes. Designating a percentage of assets from the plan to CASA of Central Texas, Inc. may minimize the taxes due on retirement plan assets.
Qualified Charitable Deduction (QCD) is a direct transfer of funds from your IRA custodian, payable to a qualified charity. QCDs can be counted toward satisfying your required minimum distributions (RMDs) for the year, as long as certain rules are met. In addition to the benefits of giving to charity, a QCD excludes the amount donated from taxable income, which is unlike regular withdrawals from an IRA. Keeping your taxable income lower may reduce the impact to certain tax credits and deductions, including Social Security and Medicare.
Also, QCDs don't require that you itemize which means you may decide to take advantage of the higher standard deduction, but still use a QCD for charitable giving.

Life Insurance and Estate Planning (Wills)

You can name CASA of Central Texas, Inc. as the beneficiary (or co-beneficiary) on an existing life insurance policy. In the event of your death, CASA of Central Texas, Inc. receives the proceeds of the policy as a bequest. If you also make CASA of Central Texas, Inc. owner of a paid-up policy and relinquish all incidents of ownership, you may be able to claim an income tax deduction for the cash surrender value.

Charitable Remainder Trust

A charitable remainder trust can be established with cash, appreciated securities, real estate or other marketable assets. A charitable remainder trust may provide income until your death (or the death of a beneficiary), or for a specified term of years. When the trust terminates, the principal becomes available to CASA of Central Texas, Inc.

Real Estate

Real estate is an ideal asset for many methods of charitable giving. Depending on the giving method, your gift helps benefit CASA of Central Texas, Inc. at the same time that you may benefit from income tax savings, capital gains tax savings, or estate and gift tax savings.

For proper designation in any legal document:

Legal name: CASA of Central Texas, Inc.

Address: 1308 E Common St, Ste 205,
New Braunfels, TX  78130
Federal tax ID number: 74-2403373

Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.