How You Can Make Your Gift:
Cash/Check: A gift of cash is available immediately for the use of
the Darrick Bernard Clark Foundation, and in most cases is fully deductible for donors who
itemize their federal income taxes. Checks can be mailed directly to the Foundation at:
P.O. Box 81; Saratoga CA, 95071. Contact Linda Clark at lrclark@dbcfoundation.org
for more information.
Stocks/Securities: No matter what tax bracket you are in,
making gifts with appreciated stock makes sense. Tax benefits for
the donor who has owned appreciated stocks for more than one year are
two-fold: capital gains tax is avoided upon transfer to the Darrick Bernard Clark
foundation and
the donor can receive an income tax charitable deduction for the full
market value of the stock on the date of the gift. Depending on
your tax bracket and the size of the gift, there may be an opportunity
to carry over the charitable income tax deduction over several
years. Click here for more information on gifting
securities.
Corporate Matching Gift: Many corporations match gifts to
charitable institutions made by employees and directors; some will match the gifts of
employee spouses and retired employees as well. Contact your personnel
or Linda Clark at lrclark@dbcfoundation.org
for more information.