Other Ways to Give 2017-02-14T17:04:56+00:00

Other Ways To Donate

Appreciated Securities

When you donate appreciated securities to Alzheimer’s New Jersey®, you receive two tax breaks. First, you may be able to deduct these gifts as charitable donations. Moreover, you can also avoid capital gains tax on the transfer. When giving securities, be sure to consult with your financial advisor and/or attorney.

A gift of appreciated securities can be made directly to Alzheimer’s New Jersey. You may be able to deduct the fair market value of the securities without paying federal income tax on the appreciated value. If you sell the securities and donate the proceeds, you will have to pay the capital gains tax, thus decreasing the amount of your gift. Gifts of stock may be securely and conveniently transferred electronically to Alzheimer’s New Jersey. Please call Kenneth C. Zaentz, President and CEO at 973.586.4300, so we can inform our broker that a transfer will be made. Then, contact your broker to initiate the gift of securities to Alzheimer’s New Jersey. Your broker will need the following information which we can provide: Account Name; Account Number and DTC Number.

Mutual Funds

Contact the customer service department at your company to secure the forms needed, and then call Kenneth C. Zaentz, President and CEO, at 973.586.4300, to discuss your intent. Please allow at least one month for the transfer. Mutual fund transfers may take longer, as each mutual fund company has its own requirements for making charitable contributions.

For more information about gifts and securities, please call Kenneth C. Zaentz, President and CEO, at 973.586.4300 or e-mail development@alznj.org.

Bequests and Other Estate Gifts

There are many ways to achieve your long-term financial goals while also leaving a legacy to Alzheimer’s New Jersey. Alzheimer’s New Jersey offers you a variety of planned giving arrangements. Bequests and other types of estate gifts can make a long lasting contribution to the important work of Alzheimer’s New Jersey. In addition, these gifts can provide important tax benefits. Donors should work with their attorneys and financial professionals to determine the type of gift that is most appropriate for their own circumstances. Please notify Alzheimer’s New Jersey of your intent to make a planned gift, so that we may provide any help you need as well as thank and recognize you appropriately. For more information about any of these planned giving options, please call Kenneth C. Zaentz, President and CEO at 973-586-4300.

Bequests

By remembering Alzheimer’s New Jersey in your will, you can have a significant impact on improving the quality of care for New Jersey families that are impacted by Alzheimer’s disease. Your bequest may have estate tax planning benefits as well. Here is sample bequest information you can take to your attorney:

I, [your name] [address, city, state, zip], give, devise and bequeath to Alzheimer’s New Jersey, with offices located at 400 Morris Avenue, Suite 251, Denville, New Jersey 07834 [insert written amount of gift, percentage of estate, or residuary of estate, or description of property] for its unrestricted use and purpose.

Gifts of Retirement Plans

Many companies offer qualified retirement plans that allow employees to defer paying taxes on a portion of their income until the assets are withdrawn. Designating Alzheimer’s New Jersey as the beneficiary of a retirement plan allows you to pass on those dollars tax free, instead of leaving a tax burden to your heirs or estate. Examples of plans to consider include 401(k), 403(b), Keoghs, and traditional Individual Retirement Accounts (IRAs).

IRA Qualified Charitable Distribution

The IRA charitable distribution is a great way to make a tax-free gift to Alzheimer’s New Jersey. If you are age 70½ or older you can make a tax-free gift of up to $100,000 transferred directly from your traditional or Roth IRA to Alzheimer’s New Jersey. To qualify, the distribution check must be made payable directly to Alzheimer’s New Jersey and you must be at least 70½ on the date of the distribution –not merely turning 70½ sometime that year. You will not receive an income tax charitable deduction for the gift, but you won’t pay taxes on your IRA withdrawal, which means the IRA charitable distribution is tax-free. In addition, the gift will satisfy the required minimum distribution from your IRA. Speak with your professional tax advisor to see if an IRA charitable rollover gift meets your needs.

Life Insurance

A life insurance policy can provide a substantial contribution to the Alzheimer’s New Jersey and present tax advantages in estate planning. The policy can be either a new one or a paid–up policy that is no longer needed for its original purpose. The most direct way to make this type of gift is to name Alzheimer’s New Jersey as both the owner and the beneficiary of the life insurance policy.

Memorial and Tribute Gifts

Memorial and Tribute gifts provide a way to honor the memory of a family member, friend or colleague, or to recognize an individual or a special occasion such as a birthday, graduation or wedding anniversary.  In making your memorial or tribute gift to Alzheimer’s New Jersey, you are not only providing meaningful recognition, but you are also helping to support thousands of New Jersey families that are facing the impact of Alzheimer’s disease on their lives.

Fund a Respite Care Scholarship

Our Respite Care and Wellness program is designed to provide family caregivers with information and education about the importance of regular time-off from caregiving, and help link them to available community-based respite care resources. We also provide a financial scholarship of $1,000 to help support the cost of respite care services.

Your gift of $1,000 or more can be designated to fund a respite care scholarship and directly assist family caregivers who often experience an overwhelming amount of emotional and financial stress due to the demands of caring for a loved one with Alzheimer’s disease or dementia.

You can help to improve the lives of family caregivers and their loved ones living with Alzheimer’s disease. For more information about funding a respite care scholarship, please call Julie E. Schuldner, Vice President, Development and Communications at 973.586.4300.

Vehicle Donations

You can donate your car, truck, boat, fleet vehicle, motor home, motorcycle, snowmobile, personal water craft or RV to benefit individuals and families in New Jersey that are facing Alzheimer’s disease and related dementias. By donating, you may be eligible for a tax deduction and you avoid the inconvenience of selling your vehicle.

Alzheimer’s New Jersey has partnered with the Car Program, a reputable vehicle donation processor, who will make all arrangements – including picking up your vehicle from wherever it is located – at no cost to you. Car Program even will pick up your vehicle and handle the title transfer requirements and will provide you with a tax deductible donation receipt when they pick up your vehicle.

For current information about the tax deductibility of vehicle donations, contact the Internal Revenue Service at 1.800.829.1040, or view this IRS brochure (PDF).

To donate your vehicle and support Alzheimer’s New Jersey, please call 973.586.4300, e-mail cardonations@alznj.org or click below to complete our online donation form

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For more information about making a donation, please call 973.586.4300 or email development@alznj.org