FUNDING SOURCE PERCENTAGES
• 50% of funds raised are spent on providing DIRECT SERVICE PROGRAMS to those individuals and families in need.
• 40% of the funds raised are put toward Building Operations - this includes maintaining the building for use by the many other nonprofits that occupy space within the center. As well, maintaining and providing the facilities for these nonprofits is part of May Dugan's mission to serve the community.
• 0% of funding provides administration support
ANNUAL FUND - CONTRIBUTE TODAY
Please consider making a donation today. Your generosity allows us to continue providing services and programs that make a direct impact on the quality of people's lives. Print the PDF form here and mail in with your check or credit card number or call 216-631-5800 for more information. Become a supporter today!
GIFT PLANNING
Consider ensuring your annual support continues by including May Dugan Multi-Service Center in your estate plans. Including May Dugan as a beneficiary of your Will, life insurance policy or IRA, or other estate planning vehicle allows you to let your family and friends know the importance of supporting May Dugan while providing benefits to your estate and heirs. Your support will allow May Dugan Multi-Service Center to grow.
Below is a brief description of the ways to support the important work and future of May Dugan. Our staff is available to answer any questions you may have and can provide detailed tax information or assist you and your advisors. All discussions are confidential. We hope you find a manner which suits your philanthropic goals and personal situation.
This material is intended for educational purposes. Please consult with your advisor as to how these techniques best fit your particular needs.
ENDOWMENT
All types of assets described below can be used to make a gift to the Endowment Fund. Endowments are an important part of securing our vital role in the community and in the City of Cleveland. Our staff will work with you to create an endowment that reflects your interests and goals.
APPRECIATED SECURITIES AND OTHER PERSONAL PROPERTY ASSETS
Appreciated stocks and bonds are popular assets to donate along with gifts of real estate and tangible personal property such as antiques or jewelry. These gifts, while simple can be a great source for substantial gifts. They also can provide a great tax benefit as you can avoid paying capital gains taxes otherwise required upon the sale of appreciated securities. We can provide stock power forms and assist you in making any transfers.
BEQUESTS
Bequests of all sizes are an essential part of the future success and strength of May Dugan. Bequests support May Dugan beyond your lifetime yet allow you to maintain possession of these assets during your life. No matter how modest, bequests via a Will or codicil are a welcome and important addition. If you need assistance creating language for a bequest please call and we can help you or work with your attorney so your objectives are fulfilled.
LIFE INSURANCE
Life insurance is another one of the simplest ways to make a substantial gift to May Dugan's programs and mission. Contributing an existing policy allows you to maintain your cash flow and money for emergencies and not reduce your assets. Whether you have an existing policy that is no longer needed or purchase a new policy specifically to donate, name May Dugan as beneficiary and owner to complete the gift.
CHARITABLE TRUSTS
Charitable Trusts created during your lifetime or through your estate plan are popular and can be tailored to fit specific financial and philanthropic goals. There are different types of trusts to fulfill the various income needs of you and your family. Trusts are perfect for handling retirement assets or converting securities to income producing property.
REAL ESTATE
Real Estate often appreciates in value and selling it may result in large capital gains tax. Whether you own a residence, condominium, or vacation home you can give the property to May Dugan, avoid the capital gains tax, and receive an income tax deduction, while making a substantial gift.
RETIREMENT ASSETS
An IRA, Keogh, 401(k), 403 (b) or other retirement plan asset is subject to high income, estate, and other transfer taxes. Naming May Dugan as a beneficiary of all or a specified percentage of your plan's assets eliminates both income and estate taxes. Note that designating a specific dollar amount, as opposed to a specified percentage, will result in the inclusion of these funds in the gross income of your estate.
WISH LIST
Many people ask us if we need anything. Gifts of any of the below items are always welcome.
The following are items we need on a regular basis to assist those using our services
Kitchen Needs:
Paper napkins and towels
Paper plates, cups
Soda, juice and water in cans and bottles
Infant and Children Needs:
Formula
Diapers of all sizes
Children's educational games and toys
Baby blankets - new
Infant and toddler clothes - new
Program Needs:
Maternity clothes
Instant soup, oatmeal and cocoa mix
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