DONATIONS
As one of the few privately-funded nonprofit organizations specializing in the
advocacy of ground-breaking auditory research, Capita Foundation is able to
support biomedical research programs often left unfunded, and consequently
untested, by traditional scientific review boards. Capita Foundation plays a
key role in identifying and supporting scientists on the leading-edge of
biomedical research for hearing-related disorders while expanding efforts to
share knowledge about developments in auditory research. It is our privilege to
maintain personal contacts with hearing researchers and institutions who all
share a common goal: to improve life for those with hearing disorders while we
search for what causes and ways to prevent them. Capita Foundation relies on
support from individuals like you as our largest single source of financial
support. Your contribution is important. Donate now!
Making a donation of cash is as simple as writing a check, authorizing a charge
on your credit card, or processing a payment through your PayPal account.
Capita Foundation can put your cash gift to work without delay while you receive
tax benefits. In fact, the IRS allows you to claim charitable deductions for
gifts of cash up to 50% of your adjusted gross income.
Make a one-time gift: Process your gift quickly and securely through
our “Donate Now” link or download our donation form and send a gift by mail. We
will send a gift recognition letter within two weeks.
Make an annual contribution: Mark a birthday or special holiday
annually with a gift to Capita Foundation, or make a contribution to reduce
taxes at the end of each year: Authorize a monthly gift: Enroll in our Research
Pioneers monthly giving program for as little as $10 per month.
In-Kind Services: Donating services like this allows Capita
Foundation to reduce its costs — it's a significant way to support critical research.
Planned Giving: Legacy gifts create opportunities for both our
donors and Capita Foundation. A carefully considered gift of assets allows you
to make a meaningful charitable contribution without affecting cash flow during
your lifetime. Determining what gift is right for you, your family and your estate
is just as important as making the gift.
Gifts of Securities: The IRS allows you one of its most significant
tax breaks for gifts of appreciated securities. You can also consider the transfer
of stocks that have depreciated in value over time and receive a substantial tax
savings, or you can consider the transfer of securities that you have held for a
minimum of one year that have appreciated, and avoid federal capital gains tax plus
receive a charitable deduction for the fair market value of the gift. Benefits of
donating securities include:
- You receive gift credit and an immediate income tax deduction for the fair market
value of the securities on the date of transfer, no matter what you originally paid
for them.
- You pay no capital gains tax on the securities you donate.
- You can direct your gift to a specific fund or purpose.
- You can have the satisfaction of making a significant gift now or funding a life-income
gift that benefits the Capita Foundation later.
Retirement Plan Assets: Your retirement plan may be worth more
when donated to a charity than when bequeathed to your heirs. And if you're like
many Americans, your financial future will likely revolve around your retirement
plan assets. To maximize the value of a retirement account, consider making a lifetime
gift of its after-tax values to a tax-exempt deferred giving plan. You name
Capita Foundation as the beneficiary of your IRA, 401(k) or other qualified plan.
Any residual left in your plan when you die passes to Capita Foundation tax-free.
Current legislation extends the opportunity for donors aged 70½ and older to direct
lifetime distributions from their IRAs to Capita Foundation without incurring
income tax liability on the withdrawal. The provision will be in effect for just
the 2008 and 2009 tax years. Distributions to Capita Foundation plus other charitable
beneficiaries can total $100,000 per year, and must be made outright – they cannot
fund a life-income gift.
Savings Bonds: Savings Bonds, which were purchased at a discount
long ago, and possibly no longer even accruing interest, are ideal assets to transfer
on a testamentary basis because, like qualified retirement plans, they produce income
in respect of a decedent and are therefore subject to income taxes in the hands
of those who inherit them-unless they are bequeathed to charity. A tax-wise use
for your appreciated savings bonds is to support a cause you care about.
Life Insurance: Create a significant endowment for without dipping
into your capital assets. Donating your life insurance could be a wonderful way
to fulfill your desire to support our work. By making Capita Foundation the
beneficiary of an existing policy, you make good use of your resources and expand
your ability to make a significant gift.
Bequests and Wills: You may include Capita Foundation in your
will or add a codicil to an existing will. A contribution to our mission, included
in your will, can reduce the size of your estate and reduce federal and state estate
taxes.
Let Us Know: We hope you’ll tell us when you have named Capita
Foundation in your will. We would very much appreciate the opportunity to thank
you personally for your generosity. The official bequest language for Capita
Foundation is: “I, (name), of (city, state and zip) give, devise and bequeath to
Capita Foundation (written amount or percentage of the estate or description
of property) for its unrestricted use and purpose.”
To make an appointment to discuss a planned gift,
please contact Shari Holland info@capitafoundation.org. Unendorsed stock certificates can be sent to: Capita
Foundation, 4082 Nabal Drive, La Mesa, CA 91941-7038. Also send signed stock power
in a separate envelope to the above address. If your broker holds a stock, you can
instruct them to contact us.
Capita Foundation is an independent, privately funded 501(c)(3) nonprofit organization.
Tax ID (EIN) # 20-1685136.
SPECIAL THANKS - Capita Foundation and the GRC thank Richard Goebel and Monica
A. Papoulias-Goebel for their generous contribution enabling postdoctoral students
to travel to the Gordon Auditory Research Conference in July 2012. Their gift has
provided these students a valuable means of disseminating information and ideas
in a way that cannot be achieved through the usual channels of communication.