The SMA Foundation holds a variety of fundraisers each year including raffles, auctions and other events. Help support the foundation by participation in these efforts.
One of the more common ways of supporting the foundation is in the way of gifts in memory of or in honor of an individual. These contributions are recorded in the permanent record of the foundation and are recognized in SMA publications. Immediate relatives of those memorialized with the gift are notified of all donations.
Gifts of Stock
Your broker can assist you in making a gift of stock via a direct transfer. Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.
Deferred or planned gifts enable the foundation to plan for the future because they will be realized at some later date. You can make a planned gift by naming the Southwest Movers Foundation as a beneficiary of a paid-up life insurance policy. A gift of life insurance entitles you to a tax deduction equal to your cost basis in the policy or its replacement cost, whichever is less.
One of the easiest ways to make a gift to the Southwest Movers Association Foundation is by leaving the foundation a bequest in your will. There are several ways to do this including giving a specific amount of money to the foundation; giving a specific item of property to the foundation; or giving a specific percentage of the residue of your estate to the foundation (the residue of your estate is that which is left over after all specific gifts have been made, whether charitable or non-charitable).
Workplace Contributions and Matching Gifts
The SMA Foundation accepts workplace contributions from member companies as well. SMA staff can help you develop a workplace giving campaign, much like a United Way campaign, in your business.
Increase your donation with employer matching funds. Many employers will match the personal donations of its employees and associates. The program can be in conjunction with a workplace contribution campaign.