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Oregon
Friends of Shelter Animals (OFOSA) is an all volunteer 501(c)(3)
nonprofit organization. That means that every dollar you donate goes
directly to the animals and can be used as a tax deduction. Once we
receive your donation, OFOSA will send you a thank you letter that
includes our tax ID number.
OFOSA is part of Nike’s employee nonprofit matching funds and directed donation program. If you are a Nike employee, simply turn in your volunteer form and Nike will pay OFOSA $10 per hour for your charitable gift of time. Contact your local office for more information.
Wells Fargo Directed Giving Program
Thanks to our friends at Wells Fargo, we are part of their Directed Giving Program. Wells Fargo employees may contribute to OFOSA via regularly scheduled payroll deductions without hassle. Please contact your payroll department and help the animals!
Intel Involved Volunteer Match Program Intel wants to ensure OFOSA is benefiting from the enhanced Intel Involved Volunteer Match program. Intel employee volunteers give twice (their time and money)! The time volunteers give equates to money. 20 hours of volunteer service equals $200 for OFOSA!
Material Donations
Material supplies are always in need. Please contact us at (503) 747-7818 or email at info@ofosa.org to arrange for a pick up.
Used Ink Cartridges or Cell Phones You may bring your used ink cartridges (any kind except Epson) or old cell phone to our Petco weekend adoptions. For company collections of least 12 or more, please contact us and we will be happy to pick them up!
Traditional alternatives to cash, time, supplies, or recyclable donations are gifts of appreciated property, such as securities and real estate. Such gifts generate a double tax benefit. When you make an outright gift of real property to OFOSA, you are eligible to deduct the property’s full fair market value. If the gift is long-term appreciated property, you also avoid being charged capital gains tax.
Note: You must have held the property for more than a year to qualify for the double tax benefit. Also, the full, fair market value of gifts of long-term appreciated property is deductible up to 30% of your AGI. Any amount over the 30% can be carried over the next five years.
Tangible Personal Property
As with gifts of real estate and securities, you are entitled to a charitable deduction for gifts of tangible property such as boats, cars, works of art, or a coin or stamp collection. The allowable deduction for such a gift held long-term depends on the standard of “related use.” If the contributed property is related to the exempt purpose of the organization, e.g. a van for animal transport given to OFOSA, you are entitled to a charitable deduction for the full, fair market value of the property subject to the 30% ceiling and carry-over. If the contributed property is unrelated to the exempt purpose of the organization, e.g. a coin collection to OFOSA to sell and use the proceeds, you are entitled to a deduction only for your basis in the property.
Life Payment Plans A life payment plan can allow you to make a substantial gift to charity while still providing for your personal financial needs. There are several types of such plans, all of which combine life payments for one or more of your beneficiaries and OFOSA. These plans are attractive because they offer substantial tax benefits and may increase cash flow to you and your beneficiary. Charitable Remainder Trusts The charitable remainder trust is popular because of the retirement and estate planning flexibility. Remainder trusts are a way to make a gift that allows you to retain income from your property for life or for a period you specify. The income from the trust can supplement a retirement plan or manage assets for you or surviving loved ones. At the death of the income recipient(s), whatever remains in the trust is distributed to OFOSA. An irrevocable remainder trust qualifies for special tax consideration if it is in one of two forms:
Note: You are allowed a charitable deduction equal to the present value of OFOSA’s remainder interest in the unitrust based on the fair market value of the asset transferred, the payout rate chosen, and the age and number of beneficiaries (or the term of years). Additions to the principal of the trust can be made, and a tax deduction is allowed for a portion of each contribution.
Note: The same charitable and capital gains tax benefits apply. Gift Annuity When you arrange for a gift annuity, a specified amount of money, securities, or real estate is transferred to OFOSA. In exchange, you receive regular payment for the rest of your life and/or that of a loved one. Note: You can claim a current charitable deduction for the portion of the transfer that represents the charitable gift element. Additionally, a portion of each annuity payment is income tax free. Life Insurance As life insurance needs change, children become self-sufficient, and mortgages are paid, your life insurance may not be needed for the reason it was originally purchased. Naming OFOSA as the beneficiary to receive all or a portion of the policy is a simple way to make a significant future gift. A new policy, naming OFOSA as the beneficiary, can be taken out allowing for the gift to be much larger than the cost to you and the annual premium payments are tax deductible. Wills and Bequests Distributing your estate by means of a professionally drafted will ensures that your wishes will be carried out. Your will can also serve as a creative vehicle for making a thoughtful gift to OFOSA. If you already have a will, you can have your attorney add a simple amendment (known as a codicil) directing that resources be put aside for OFOSA. You can give a percentage of your total estate, a specific dollar amount, or specific property. Or you can name OFOSA as the residual beneficiary to receive your property if the primary beneficiaries are not there to inherit it. Three ways you can continue to support the animals and OFOSA are described below. 1. An Outright Bequest allows a specific amount of money, piece of property (stocks, real estate, bonds), or percentage of your estate to be given to support OFOSA: "I give to OFOSA the sum of $_____ (or describe the property or percentage) to be used for its genera/purposes.” 2. The Residuary Bequest allows for you to leave the remainder of your estate to OFOSA once all the outright bequests have been made: I give to OFOSA all (or_____%) of the rest, residue and remainder of my estate, to be used for its general purposes.” 3. You may also choose to remember the animals at OFOSA by way of a Contingent Bequest, which allows OFOSA to receive a distribution from your estate if, and only if, one or more of your named beneficiaries does not survive you: "I give the residue of my estate to my sister, (Mary). If my sister (Mary) does not survive me, I give the residue of my estate to OFOSA.” Thank you for your generosity and support in caring for these often neglected and forgotten animals. We recommended that you discuss your plans with your attorney or other professional advisor.
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