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Contributions of time, talent and resources are integral parts of the David Lawrence Center's ability to meet the mental health and substance abuse needs of our growing community. You can help the David Lawrence Center continue its important work and ensure the health, stability, security and well being of those in need in Collier County by making a contribution to the David Lawrence Foundation by calling 239.354.1434 or donating online.
A charitable gift may be made in a number of ways and directed to the David Lawrence Foundation's annual operating fund or the endowment fund.
- Unrestricted Annual Gifts
An unrestricted annual gift to the Foundation is a convenient way to support our mission.
- Restoring & Rebuilding Lives Endowment
David Lawrence Foundation has a current endowment of $5 million. The Endowment provides long term support for David Lawrence Centers existence in the community.
The following information may be helpful as you consider the best way to make your gift:
- Cash
Cash is the most popular way to make charitable gifts. The Foundation can accept cash gifts online using your Visa, MasterCard or American Express.
- Securities
Gifts of securities or stock can be one of the most advantageous ways of giving. If your stock is one you have owned more than a year, you may deduct the full fair market value of the stock as a charitable contribution, while bypassing applicable capital gains taxes if it is appreciated. The Foundation office can provide you with the DTC # and bank information for you to make your stock gift.
- Real Estate
Gifts of appreciated real estate are like gifts of appreciated stock. If you have owned the property more than a year, you may deduct the fair market value of the real estate and bypass all capital gains taxes. Properties donated must be free of liens and restrictions.
- Insurance
Gifts of life insurance provide a unique method of charitable support. If the policy is paid up, your contribution amounts to the replacement value or cost basis of the policy, whichever is less. Ongoing premiums paid on a gifted life insurance policy also qualify for charitable deductions. Life insurance policies also allow you to make the David Lawrence Foundation the beneficiary of a Term policy.
- Personal Property
Gifts of tangible personal property related to David Lawrence Foundations exempt purposes are fully tax deductible at fair market value. Gifts of tangible personal property which are not related to the tax-exempt purposes are limited to cost basis for determining your tax deduction.
- Unitrust
The unitrust offers substantial tax savings while providing an additional benefit - annual income to you or your family. The unitrust is funded with an asset - appreciated property or securities are usually best. Within the unitrust, the assets can be sold and the proceeds reinvested to produce a greater yield for you, the donor, or David Lawrence Foundation, the beneficiary.
The income stream is a fixed percentage (not less than 5%) of the net asset value of the trust, which is revalued at least annually. As the trust value increases, the payout increases, providing a hedge against inflation.
- Gift Annuity
With a gift annuity, you receive a lifetime income between 4.6% and 12% of the gift, depending on your age. You may also defer the payment for a future date and receive a greater annual income. Your tax deduction will be available the year the gift is made, plus you will receive a tax-free return of principal. Applicable capital gains tax is deferred if the annuity is funded with appreciated assets. Part of your gift will immediately help support David Lawrence Foundation.
This information is solely for education purposes. For specific recommendations, please consult a qualified professional advisor.
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