WAYS OF GIVING

We hope the following information will be useful to you as you consider how and to what extent you may be able to support Camphill Soltane. We have grouped the information into two sections for your convenience.

Assets Suitable For Charitable Giving
Popular Giving Strategies To Consider

Assets Suitable For Charitable Giving

Gifts of Cash
Cash gifts are the easiest and most direct way to give to Camphill Soltane and are fully deductible for individuals who itemize on their federal income tax return. If you make a cash or credit card gift, you will be eligible for a deduction for the full value of your gift. You can utilize this deduction for up to 50 percent of your Adjusted Gross Income (AGI) and carry forward any unused portion for up to five additional tax years.

You may make your gift by credit card or check:

- To make your gift by credit card, you may call us at 610-469-6602, e-mail Susan Kukic at skukic@soltanefoundation.org, or send your name, address, amount, and credit card information to us at the address below.

- Send a check (made payable to "Camphill Soltane Foundation”) to:
Camphill Soltane Foundation, 224 Nantmeal Road, Glenmoore, PA 19343

Gifts of Appreciated Securities
If you gift stocks or bonds that you have owned for at least one year, you will be eligible for a deduction for the full mean market value of the security on the date that Camphill Soltane Foundation receives it. You not only receive an income tax deduction for the full fair market value of your securities, but you also avoid capital gains tax on the appreciation. In addition, if appreciated securities are used to make a bequest to Camphill Soltane Foundation, or to fund a charitable remainder trust or charitable gift annuity (see below), you may realize substantial estate and gift tax benefits, as well.

You can utilize this deduction for up to 30 percent of your Adjusted Gross Income (AGI) and carry forward any unused portion for up to five additional tax years.

Gifts of Closely held Stock
Individuals who own closely held stock may take advantage of special gift opportunities. The benefits of a gift of closely held stock are not unlike those of appreciated, publicly traded securities. Again, you save taxes twice: first with a personal income tax deduction for the fair market value of the stock and next when you avoid capital gains tax on the appreciation. In addition, you may be able to unlock some of your company’s retained earnings without penalty.

Camphill Soltane Foundation must evaluate gifts of closely held stock prior to acceptance.

Gifts of Personal Property
Property such as works of art, antiques, stamps, coins, and jewelry may be subject to estate taxes. Should you wish to donate this type of property during your lifetime, you may reduce your tax liability.
If your gift of tangible property can be used to help Soltane directly achieve its mission, you may take an income tax deduction for the full fair market value of the property as determined by an independent qualified appraisal.

If the gift is for an unrelated use, your deduction is based on the original cost (cost basis) of the property. There is no "related use" requirement for gifts of personal property made through your will—only for lifetime gifts.
Quite often, you can use tangible personal property with an unrelated use to fund a Camphill Soltane Foundation-managed life income arrangement, turning a non-income producing asset into an income-producing asset. In some cases, no current income tax deduction would be available.

Gifts of Real Property
A gift of real estate can be an attractive way to make a substantial commitment to Camphill Soltane and simultaneously realize important tax and income benefits. You can gift either all or a percentage of the property and you may choose the option of retaining rights to the property during your lifetime. You may be able to achieve a significant reduction in the amount of income, capital gain, and estate taxes you otherwise might have to pay. You also may be able to earn an income from your gift.

There are many types of real estate suitable for a gift to Camphill Soltane Foundation: personal residence, vacation property, commercial property, building lot, undeveloped land, farm or ranch, etc.

Camphill Soltane Foundation carefully evaluates each potential gift to ensure that it will enhance Camphill Soltane’s mission. Marketability of the property is usually a key consideration. We invite you to contact us for a consultation prior to finalizing your plans. We would be pleased to discuss opportunities with you and your advisers.

Life Insurance
There is a variety of ways to use life insurance to make a substantial gift to Camphill Soltane Foundation. Depending on the type of policy you donate, you may receive an upfront income tax deduction, and any future premium payments may be tax-deductible.

Popular Giving Strategies to Consider

Each person and family has specific reasons and objectives in making a gift. With careful planning, you can develop a gift strategy that is right for you. Read on to learn more about the tools to help you build this strategy. Also, feel free to contact Susan Kukic at Camphill Soltane Foundation for an exploratory consultation of these exciting gift plan options.

Life Income Gift Plans
With a life income gift – Charitable Remainder Trust or Charitable Gift Annuity - Camphill Soltane Foundation pays an income stream for life or a term of years. While ultimately supporting Camphill Soltane’s unique mission in our world, these life income gifts can offer you and your heirs other benefits in addition to income, including:

- Ability to convert low-income generating or even non-income producing assets into a gift with an attractive income stream;

- Professional management and investment diversification through Camphill Soltane Foundation and its Investment Committee (already successfully managing endowed funds of more than $7M).

- Savings on income, capital gains, gift, and/or estate taxes.

Bequests
For many friends of Camphill Soltane, the best way to make a gift to the Foundation is in the form of a bequest. Bequeathed assets can be in the form of cash, securities, real estate, and tangible personal property.

Cash Bequest
Camphill Soltane Foundation receives a specific dollar amount.

Bequest of Property
Camphill Soltane Foundation receives specific assets, such as securities, an interest in real estate (such as a residence), or tangible personal property (e.g., works of art, antiques).

Residuary Bequest
Camphill Soltane Foundation receives all or a percentage of the remainder of the estate after the payment of any specific bequests and all estate-related expenses.

Testamentary Trust
The trust provides one or more heirs with income for life, after which the assets pass to Camphill Soltane Foundation.

Retirement Plan
Camphill Soltane Foundation is designated as a beneficiary of the remainder or a percentage of the remainder of your IRA, Keogh, tax-sheltered annuity, qualified pension, or profit-sharing plan.

Testamentary QTIP Trust
The trust provides income, and principal if needed, to your spouse for life, after which the assets pass to Camphill Soltane Foundation.

Contingent Trust
Camphill Soltane Foundation is given a bequest only in the event of the death of other beneficiaries.

Retirement Plans
Under current tax law, the recipient generally must report distributions from qualified retirement plans (e.g. IRAs, Keoghs, qualified pension or profit-sharing plans, tax-deferred annuities, and some TIAA-CREF plans) as taxable income.

In addition, distributions from these retirement plans at the death of the account-holder can be subject to estate taxes. In a large estate, these income and estate taxes can leave less than 30 cents on the dollar of the plan’s balance for your heirs (excluding your spouse).

By naming Camphill Soltane Foundation as the beneficiary of the remainder of your retirement plan after the death of you or your spouse, 100 percent of the plan’s balance would be available for Camphill Soltane’s use, since the distribution would avoid both income and estate taxes.

To make this gift, you can simply notify your plan’s administrator of your wish to change the beneficiary. A "change of beneficiary" form will be required. Should you designate that your qualified retirement plan come directly to Camphill Soltane Foundation at your death, and you reside in a community property state, your spouse will need to sign consent to the designation.

If your spouse and children are currently the beneficiaries of your retirement plan, you can continue to keep them as beneficiaries, and include Camphill Soltane Foundation as beneficiary of a portion of the plan. Upon your death, the plan administrator can "cash out" Camphill Soltane Foundation’s share of the account without affecting your family’s portion of the account, so that Camphill Soltane, and your heirs, benefit from your retirement savings.

Please call Susan Kukic for a sample beneficiary designation for spouse and charity.

Other Creative Options
For many people, combinations of gift techniques help meet all philanthropic, family, and financial objectives. The Charitable Lead trusts and Retained Life Estate offer benefits that work well on their own, but also can be coupled with a Life Income Plan to create an individualized gift package that meets all needs.