Please call or email us today:
Julie Lennox, Head of School
406-542-9924
jlennox@mismt.org

Missoula International School
1100 Harrison Street
Missoula, MT 59802
www.mismt.org

YOU can help sustain MIS for generations. While we rely on your support for the new school and annual fund, we want your method of giving to benefit you the most.

One of the easiest methods is through an outright gift but the tax and income advantages of a planned gift may be even more beneficial. Planned gifts may help you increase your income and save on your taxes now or have no impact on your allow you to enjoy your current lifestyle while giving to MIS in the future. Your legal or tax professional has the latest and most up-to-date information regarding charitable contributions and estate planning and we encourage you to consult them.

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Cash & Employer Matching Gifts

Cash

A gift of cash is the most common, and often the most convenient, outright gift. If you itemize on your federal income tax return, your charitable deduction is 100 percent of your gift and may be deducted up to 50 percent of your taxable income. If the full deduction cannot be used in the year of gift, you have up to 5 additional years to recoup your investment in MIS.

Matching Gifts

Many companies offer matching gift programs to encourage employees to contribute to charitable organizations. Most of these programs match contributions dollar for dollar, and some will even double or triple the amount of your gift!

Stock, Bonds & Mutual Funds

One of the most underutilized, yet for many most beneficial, ways to make a gift is through appreciated securities – those that have grown in value since purchase or inheritance. When you gift appreciated stock that you acquired many years ago, you not only qualify for a charitable income tax deduction but also avoid capital gain tax, that would be due if sold, on the growth in value. Transferring securities to MIS is simple, and with the extra tax savings, you may be able to make a larger gift than you initially thought possible. (Contact us for securities transfer instructions.)

Example:

  • Original Cost of Stock: $10,000
  • Current Market Value: $50,000
  • Charitable Deduction: $50,000
  • Avoidance of Capital Gain: $40,000 (otherwise subject to tax)

Advise your broker of our account with TD Ameritrade: DTC#: 0188, Acct. #: 908303680, Acct. name: Missoula International School. Please let MIS know if you arrange a securities gift so that we may match you with your gift.

IRA Rollover, Life Insurance or Property

Charitable IRA Rollover

If you are 70½ or older, you may transfer up to $100,000 each year directly to MIS from your IRA. Such transfers can even satisfy your required minimum distribution (RMD). Your 401(k), 403(b) or other retirement account may be converted tax-free to an IRA from which a charitable distribution may be made. Contact us to learn more.

Life Insurance Policy

You may have established a life insurance policy to protect your family’s income, cover the mortgage on your home or send kids to college if something happened to the primary wage earner. However, if the reasons for needing insurance have ended are no longer applicable, you now have a significant asset that may be used to help MIS while perhaps providing you tax savings. The gift is complete, and the potential charitable deduction is earned, when MIS is made the owner and irrevocable beneficiary of the policy.

Personal Property

Assets like artwork, a coin collection, car, boat or airplane, or antiques that you no longer want to insure or maintain, are valuable gifts to MIS. Taxes on the sale of these appreciated items are even higher than taxes on the growth in value of stocks and real estate.

By donating these items to MIS instead of selling them, you avoid capital gain tax and qualify for a charitable tax deduction, thereby getting the double bonus of tax savings and support to MIS.

Will, Living Trust or Property with Rights

Do you wish to support the future of principled global citizens and lifelong learners through MIS’s educational and experiential programs while maintaining control over your assets in case they are needed during your lifetime? Giving to MIS through your will or living trust can help you accomplish your goal.

Often referred to as a “bequest”, this gift may allow you to give much more through your estate or trust than during your lifetime.

Commitments like these are simple provisions in your will or trust and are easy to change or even revoke, particularly with a codicil to a will. We are happy to provide you sample bequest language for your will or trust.

Real Estate

Do you have a second home or rental property that you no longer wish to maintain and insure? Is your vacation home no longer being used less and less by family and friends? These properties may be highly appreciated and could result in costly taxes if when sold outright. However, by donating your real estate, you could use the property to fulfill your charitable intentions while minimizing or even eliminating capital gain taxes! A gift of your real estate can make a transformative difference in funding for MIS.

Contribute personal home, vacation property or farm while maintaining right to use it

You may already be planning to leave your home or vacation property to a nonprofit through your will or trust. While your estate gift may help avoid taxes, you can truly benefit by gifting your home to MIS now and living in it for the rest of your life. You receive immediate income tax savings while eliminating probate, and estate taxes, on the asset. You will remain responsible for maintenance, tax, insurance and general upkeep, but you will have the satisfaction of making a school-changing gift today to benefit MIS in the future.

IRAs, Bank or Brokerage Accounts

Individual Retirement Accounts (IRAs) and Retirement Plans

By making MIS the beneficiary of all or part of your plan, you can avoid the taxes that may diminish an account by up to 65 percent when given to family or friends.

Bank or Brokerage Accounts

You may designate all or a percentage (or a dollar amount) of your account to MIS with a "Pay on Death" (POD) or "Transfer on Death" (TOD) beneficiary designation.

Gifts that Pay You

Certain types of charitable gifts allow you to receive a secure stream of income for life, potentially reduce your income and estate taxes and allow you to make a future gift to MIS. You may even enjoy a higher financial return from low-income or non-productive assets while supporting MIS’s mission.

Immediate Charitable Gift Annuity (CGA)

Establishing a CGA today will pay you a fixed dollar amount for the rest of your life, beginning immediately right away. You may establish a CGA with a transfer of cash, appreciated securities or real estate to MIS. In return, MIS pays you an annuity, the amount of which is determined by your age (and the age of up to one other beneficiary, if desired) at the time payments begin. The older you are, the higher the payment amount you lock in. Additionally, a large part of the payment is tax-free for many years and you can qualify for a tax deduction on a sizeable portion of the value of the assets used to fund your CGA.

Deferred Charitable Gift Annuity (DCGA)

What if you’re continuing to save for retirement or wish to help fund your children’s college education or their purchase of their first home? With a DCGA, you can meet these objectives and more by postponing the payment start date. The older the annuitant(s) when the payments start, the larger the payments will be.

Flexible Deferred Gift Annuity

A Flexible Deferred Gift Annuity means that the donor does NOT have to choose the payment starting date at the time of the contribution. The annuitant may choose the payment starting date in the future based on his/her retirement date or other considerations. As with the deferred charitable gift annuity above, the older the annuitant(s) when the payments start, the larger the payments will be.

Charitable Remainder Trust (CRT)

When you donate assets like cash, securities and/or real estate to a CRT, you receive a stream of income which can last for your lifetime or a set term of up to 20 years. The income amount may be much greater than what the transferred assets currently yield. You may select fixed, lifetime income or income which may increase over time to offset inflation.

With your help, MIS will continue to inspire principled global citizens and lifelong learners through a challenging bilingual education.

 

Please Call or Email Today

Julie Lennox, Head of School, at 406-542-9924 or email [email protected]

MIS Tax identification number: 81-0501614

This information is not intended as legal, accounting or financial advice. Please consult your professional advisor.

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