How Will You Use Your Tax Return?

Home > Learn More > Stories & News > How Will You Use Your Tax Return?

Posted on 4/8/2013

For many Americans, April 15 is a time of anxiety and stress. However, the deadline to file state and federal tax returns does not have to be a date to dread. In fact, it is an ideal opportunity to consider making a planned gift to ChildFund. With so many ways to give, tax season can be a time of renewal and the chance to invest in the lives of children in need all over the world.

Ways to Give

Although sponsoring a child or choosing a gift from our Gifts of Love & Hope catalog are excellent ways to support children's development at any time of year, planned giving presents other opportunities to make a difference.

For example, our Gifts of Stock and Appreciated Assets program enables you to transfer ownership of stocks, bonds or mutual funds to ChildFund; we will sell your securities, and the proceeds will directly benefit our global programs.

In return, you'll receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, regardless of what you actually paid for the stock options at the time of purchase. In addition, you won't have to pay capital gains taxes on the transfer when the stock is sold.

Alternatively, if you would like to include ChildFund in your will, you can make a gift to us through your will or trust without any cost during your lifetime. After bequeathing a specified sum to ChildFund as part of your will, you will retain control of your assets during your lifetime, and you can request that ChildFund uses your gift toward a specific program, tax laws permitting. This option can provide children in need with essential supplies and services upon your passing. If you want to make saving children's lives a part of your legacy, leaving ChildFund a portion of your estate in your will is an excellent way to do so.

Also, our Charitable Gift Annuity option enables you to make a donation to ChildFund that will provide a fixed income for two named beneficiaries for life. Another bonus of this option is that the return on your investment is often significantly higher than comparable rates of interest accrued on stocks or savings accounts.

With so many ways to help, please consider making ChildFund part of your planned giving.