National LGBTQ Task Force GALA 2018 Preview



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How to Support the National LGBTQ Task Force

Two Methods:

The National LGBTQ Task Force is the oldest national LGBTQ advocacy group in the U.S.It advocates to improve the lives of all LGBTQ people with respect to housing, healthcare, employment, retirement, and human rights. If you want to support the Task Force in their vital work, then you have many options. You can make a one-time or recurring donation, or make a gift as part of your estate plan. Donations to the Task Force are tax deductible.

Steps

Making a Donation

  1. Donate online.You can make a one-time or recurring donation online at . The Task Force allows you to give in your own name or in honor of someone else.
    • You can choose to give without becoming a member. However, if you want to become a member, then click the purple “Become a Member” button.
    • You can pay by credit card (Visa, MasterCard, American Express, or Discover).
  2. Give a donation by mail.Write out a check or money order to make your donation. You can send your donation to National LGBTQ Task Force, 116 Nassau Street, 3rd Floor, New York, NY 10038.
  3. Check if your employer matches gifts.Some employers match a certain dollar amount, or they might double or triple the amount of your contribution. You should call your Human Resources Office and ask if they match. You can also pick up a matching gift form from them.
    • Mail the donation and completed form to Colin Lovell, National LGBTQ Task Force, 116 Nassau Street, 3rd Floor, New York, NY 10038.
  4. Donate appreciated stock.You can give the Task Force appreciated stock or mutual funds and obtain tax advantages. For example, you can avoid paying capital gains taxes on the amount the stock or mutual fund increased. You also will receive a deduction for your federal income taxes for the market value of the stock or mutual fund.
    • You can give stock by contacting Saurabh Bajaj at 415-378-2971 or by email at .
  5. Join the leadership council.If you want to make a large donation, then you can join the leadership council, which comes with added benefits depending on how much you contribute. For example, you might receive invitations to the Task Force Gala in Miami or to briefings held by staff.
    • You can join by using a credit card or by sending in a check, electronic fund transfer, or stock transfer. See for more information.
    • The minimum contribution is ,500.
  6. Look into corporate partnerships.The Task Force works with businesses on organizational training and volunteer opportunities. If you sponsor the Task Force, then they may advertise your company on their website.Corporate partnerships are a good way to support the Task Force and signal to the public your support for the LGBTQ community.
    • You should contact the Task Force’s Chief Development Officer at 415-378-2971 or by email at .
  7. Contribute to the Action Fund.The National LGBTQ Task Force also runs an Action Fund you can contribute to. You can make a one-time payment, set up recurring payments, or become a member for at least ,500. The action fund pays for grassroots organizing and ballot initiatives.However, because the Action Fund engages in political organizing, contributions arenottax-deductible.
    • If you want to contribute to the action fund, then you should contribute through their own web page: .

Supporting the Task Force with Planned Giving

  1. Discuss your options with an estate attorney.You should talk with an estate attorney about the tax consequences of leaving assets to the Task Force. Only a qualified attorney can give you tailored advice. The attorney can also draft the necessary estate plan documents for you.
  2. Leave assets in your will.You can name the Task Force as a beneficiary in your will. You can leave real estate, cash, securities, or other assets. You can also leave a percentage of your estate. No gift is too small.
    • Include this language in your will: “I hereby give, devise, and bequeath 20% of my property both real and personal to the National LGBTQ Task Force Foundation, which has its principal place of business at 1325 Massachusetts Ave NW, Suite 600, Washington, DC 20005, and whose 501 (c)(3) tax identification number is 52-1624852.”
  3. Give retirement assets.You can also name the Task Force as the beneficiary to different retirement assets, and they can receive a portion or all of the retirement fund.For example, you can name them as beneficiaries to the following:
    • 401(k)
    • 403(b)
    • IRA
    • Qualified Retirement Plan
  4. Donate a life insurance policy.The Task Force also accepts life insurance policies. You can name the Task Force as a beneficiary (or contingent beneficiary) of all or part of your life insurance proceeds.
    • A contingent beneficiary receives the life insurance proceeds if your primary beneficiary dies before or at the same time that you do.
    • For example, you might name your spouse as your primary beneficiary. If they die before you, then the Task Force could step in as the beneficiary.
  5. Create a trust.With a trust, you transfer ownership of assets to the trust, which is a legal entity run by a trustee. You can leave assets to the Task Force using a trust. While you are alive, you can act as the trustee and manage the assets. Because there are many kinds of trusts, you should discuss your options with your estate attorney.
    • Living trust.A living trust is like a will. You can transfer assets to the trust and name the Task Force as the intended beneficiary. They will receive the assets on your death. A living trust is revocable, meaning you can change your mind.
    • Charitable remainder trust.With this trust, you transfer assets to the trust and receive income generated by the trust assets. After a certain amount of time, the assets then transfer to the National LGTBQ Task Force. A charitable remainder trust is irrevocable, meaning you can’t back out after you create it.
    • Charitable lead trust.You transfer assets to the trust and the Task Force receives the income for a period of time. At the end of this period, the assets revert to you or your beneficiaries. A charitable lead trust is an irrevocable trust.

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  • The Task Force publishes a list of actions you can take. For example, you can demand that an anti-gay politician resign or advocate for police departments to take violence against trans people more seriously.Join the task force mailing list for free to receive updates.





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Date: 02.12.2018, 20:03 / Views: 42535