Ways to Donate
Halo House is a nonprofit organization (EIN 27-1220705) and as such relies on generous donors to support our programs and services. These gifts allow us to continue to provide high levels of service and excellent living conditions for our guests.
There are many ways to make a financial gift. Gifts can be made and recognized in a variety of ways:
- General donation (either a one-time or a recurring gift)
- In honor or memory of a loved one (families are notified of the gift)
- Purchase an engraved paver or heart for our donor recognition areas
- Name an apartment (donor plaque will be placed outside apartment door)
- Event ticket purchases
- Event sponsorships
Donors who make financial gifts can deduct the donated amount up to the legal limits allowed by law. At the end of each calendar year, tax letters are sent to each donor informing them of their tax-deductible amount for the year.
In-Kind Goods or Services
An in-kind donation is a non-cash gift made to a nonprofit organization, including goods, services, time, and expertise. In-kind donations help nonprofits access goods and services that would otherwise be unaffordable, or free up resources to be spent on something else and can include physical property (stuff!), intangible property (copyrights, patents, intellectual property), and services such as legal, accounting, landscaping, or other services.
Before in-kind gifts are accepted, Halo House will review the item/service to be donated and will inform the donor whether we can accept it or not. Please review our Gift Acceptance Policy by clicking the link below.
Create a Philanthropic Legacy
A planned gift (or legacy gift) is an intended future gift that designates some part of an individual’s estate as a donation to a nonprofit. Planned giving enables individuals to create a powerful philanthropic legacy by making a direct impact on the causes important to them. Common types of planned gifts are made through:
- Bequests – a gift made through a will or a living trust
- Life Insurance Policy – a donor can designate a charity as a life insurance policy beneficiary
- Retirement Plan Beneficiary – like a gift of life insurance, a donor can name a nonprofit as the beneficiary of a portion or all of his/her IRA, 401(k), or other retirement plans
- IRA Rollover – a Charitable IRA Rollover (also referred to as a QCD — a qualified charitable distribution) allows donors 70½ or older to make tax-free IRA charitable rollover gifts of up to $100,000 per year directly from their IRA’s to eligible nonprofits
- Charitable Gift Annuity – allows the donor to transfer an irrevocable gift of cash or securities to a nonprofit in exchange for a fixed income payment for life
- Charitable Remainder Trust – allows a donor to contribute appreciated assets to the trust, generate a fixed income stream, defer or eliminate gains, and reduce estate taxes
Donors wishing to leave Halo House a planned gift should consult their tax attorney or financial advisor for more information on these and other planned giving options.