Support ERF by Ordering Jazz Tapes and CD’S!
Available through the Ear Research Foundation are numerous CDs of light Jazz produced by Dr. Herbert Silverstein. Enjoy our gift of any one of the titles with your tax-deductible contribution of $25 to the ERF. Click here to learn more!
A variety of giving options are provided below which help meet the Ear Research Foundation's goals and provide tax savings for you, as the donor. The information provided is basic and we encourage you to discuss details with your legal and financial advisors.
A gift of cash is the simplest way to support ERF. A cash gift is fully tax deductible up to 30% of your adjusted gross income for the year in which the gift is made and provides immediate support to ERF.
Gifts of securities are tax deductible at their fair market value up to 20% of your adjusted gross income for the year in which the gift is made. In addition, if a gift is made of appreciated securities, no tax is paid on the capital gain.
A bequest to ERF is as simple as a codicil to your will. This is a common planned gift and it may provide you with valuable estate tax savings.
BEQUESTS CAN BE IN THE FORM OF:
- Stated dollar amount or specific property;
- Percentage of the estate tax;
- Portion or all of the residue
One of the simplest ways to make a significant contribution is to give a life insurance policy to ERF. This may be accomplished by donating a policy no longer needed, taking out a new policy or naming ERF as a beneficiary of an existing policy. A gift of life insurance may provide valuable income and estate tax savings.
Charitable Gift Annuity
A charitable gift annuity allows you to contribute assets to ERF and receive an income tax charitable deducation. In turn, we will provide you with a guaranteed income for life (the payout varies depending upon your age and other factors). This vehicle can ease the worries of outliving financial resources by providing a high income coupled with numerous tax advantages.
Charitable Remainder Trust
A Charitable Remainder Trust (CRT) allows you to establish a trust for the ultimate benefit of ERF, while retaining the income generated by the assets given. A CRT may help you eliminate capital gains taxes, reduce or eliminate estate taxes, improve lifetime cash flow, and when coupled with an asset replacement trust, will provide for heirs as well.
Pooled Income Fund
A pooled income fund works much like a mutual fund. You receive a variable amount of income each year and these assets go ultimately to ERF. This type of fund is especially attractive if you would like to contribute less than $50,000, receive a variable annual income and still receive all of the tax benefits of a charitable donation.
Qualified retirement plan accounts are subjected to layers of taxation (i.e., estate tax, federal income tax and state income tax). For some accounts, the combination of these taxes can be as high as 75-85 percent. The 25-15 percent your heirs would have received may be replaced with an asset replacement trust. Numerous other innovative retirement planning giving opportunities exist, and we would be happy to provide additional assistance upon request.
Charitable Lead Trust
This trust allows you to provide income to ERF for a fixed number of years. The remainder is then returned to you or to your named beneficiary - your heirs, for example.
If you own valuable property that you would like to use during your lifetime, but make arrangement to give it to ERF upon death, you may receive a current income tax deduction and future estate tax deduction.
ERF can devise a philanthropic plan that may include various gift assets, such as closely held stock (private or restricted stock), qualified or non-qualified stock options, or family limited partnership interests.
THE EAR RESEARCH FOUNDATION IS A NON-PROFIT 501C3 ORGANIZATION, REGISTRATION CH1004. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE (800-435-7352) WITHIN THE STATE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE.