MONETARY giving - Macomb campus
When you give toward the Macomb Campus, you play a vital role in helping teens of this community know Jesus. A lot of the teens who attend Macomb Campus life do not come from a religious background and most of them have a very rough home life. Our job is to love these kids and show them the love of Jesus through our actions. You can help spread the Gospel by helping us with your monetary monthly gift.
Other ways to give
VEHICLES CARS, TRUCKS, VANS, MOTORCYCLES, BOATS & RV’S
Donating a motor vehicle is a great way to increase your impact. Now you can donate your car, truck, van, boat or RV through our convenience online form. Its fast, free and can be picked up in 24hrs. When you donate a vehicle, it’s value is tax deductible and can save you money on your taxes. If your car sells for more than $500 your receipt will be for the sale price. Otherwise you claim the fair market value of the car, up to $500.
APPRECIATED SECURITIES STOCKS, BONDS & MUTUAL FUNDS
Make a bigger impact by donating long-term appreciated securities, including stock, bonds, and mutual funds, directly to YFC. Compared with donating cash, or selling your appreciated securities and contributing the after-tax proceeds, you may be able to automatically increase your gift and your tax deduction.
COMMODITIES GRAIN, CATTLE, & PRECIOUS METALS
Donors engaged in farming and ranching have a unique opportunity to maximize their giving to YFC. When you make a charitable gift of a commodity directly to YFC, the value of the commodity is excluded from taxable income on Schedule F, resulting in zero federal, state or self-employment tax owed on this commodity. However, no charitable deduction is allowed, as the tax basis of the commodity contributed is zero.
REAL ESTATE RESIDENTIAL & LAND
Before you sell residential real estate and donate the net proceeds to charity, consider donating that property directly to YFC for two major benefits. The first is a potential income tax charitable deduction for the fair market value. The second is a larger gift to YFC — we don’t pay capital gains taxes, so the full value of your gift goes to a cause you care about.
BUSINESS INVENTORY OVERSTOCK
Business inventory donations provide a win-win for YFC and your business. Typically, your business incurs costs to store excess inventory so liquidation eliminates cost, provides a tax deduction, and helps YFC accomplish our mission.
PRIVATELY HELD BUSINESS INTEREST S-CORP, C-CORP, LLC, & OIL AND GAS INTERESTS
When you are considering which assets to give, the first ones that usually come to mind are cash, or publicly traded stocks. But in many cases the most efficient and impactful strategies are to donate non-publicly traded assets. That’s because these assets which include private company stock, real estate, private equity interest, even oil and gas interest often have a low-cost basis. By donating a non-publically traded asset to YFC, you are eligible for an immediate tax deduction for the fair market value of your charitable contribution and also eliminate capital gains taxes which allows you to donate more.
Donating collectibles to YFC represents a wide variety of potential items. Collectibles are items such as sports memorabilia, musical instruments, antiques, coins and currency, and artwork. Did you know that some of the largest donations in history have been collectibles?
Many donors have gift card with remaining balances. Gift card balances over $25 can be readily donated to YFC. This is a simple way to increase your impact to YFC and help you clean out your purse or wallet.