Planned Giving

Independence is something that is important to all of us. MacDonald Training Center’s programs are designed to assist the people we serve in preparing to achieve greater independence so that they may lead the lives they choose. All services provide supportive training developed to maximize each person’s skills in job readiness, daily living and communication. Training is person centered, to attain the greatest degree of independence for each individual.

Leaving A Legacy
Sustaining Our Mission

PLANNED GIVING is a way for you to continue to make a difference in the lives of people with disabilities in our community. There are almost as many variations on ways to make a donation as there are needs to be met. Your gift now or in the future will help MTC continue its vital mission “to empower people with disabilities to lead the lives they choose.”

Here are just a few of the many ways you can help now or secure your enduring support:

Contribute to MTC’s “Legacy of Independence”
Endowment Fund
Gifts of Stocks and Bonds
Wills and Bequests
Charitable Remainder Trusts
Charitable Lead Trusts
Gifts of Life Insurance
Gift Annuities
Gift of Retirement Plans

The Legacy Society

The Legacy Society recognizes and honors people who have advised us of their plans to give a gift to MacDonald Training Center in the future. Such gifts may be in the form of estate assets, part or all of their IRAs, insurance policies, other deferred compensation, or interest in a charitable trust.

You are invited to join the Legacy Society and receive recognition today for gifts you will make in the future.

What is The “ Legacy of Independence” Endowment Fund?

The “Legacy of Independence” Endowment is a permanent endowment fund established to ensure MTC‘s long-term financial security and sustainability. MTC has been providing quality services to individuals with disabilities since 1953 and continues to do so by meeting the changing needs of generations of people with disabilities. Gifts to the “Legacy of Independence” Endowment Fund will support MTC in perpetuity.

For more information on our endowment visit the
Community Foundation of Tampa Bay.

How Does The Fund Work?

Gifts made to The “Legacy of Independence” Fund are invested and managed by the Community Foundation of Tampa Bay (CFTB). The Fund is invested and managed by leading industry experts through the CFTB according to the CFTB’s diversified asset allocation model. To increase and grow the Endowment Fund for future sustainability currently 100% of earned interest is returned to the Fund. As the fund grows, a portion of the earnings may be utilized to cover future operating needs.

Securities/stocks

If you hold securities which would bring a long-term capital gain if sold (that is, securities which have been owned for at least one year and a day), their outright gift to MacDonald Training Center would mean significant tax savings. You are not required to pay a capital gains tax on the appreciation and can receive a tax deduction up to 30% of your adjusted gross income. Thus, the actual cost to you as a donor is often far less than the full value of your gift. Please note that donated securities are sold at the time they are received, but values may fluctuate in that small period of time. The gift will be acknowledged based on the net amount of the sale.

Wills and Bequests

The easiest way to make a deferred gift to MacDonald Training Center is to leave a bequest in your will for a specified amount, particular securities, or other property. Bequests can be designated for a specific purpose or given without restriction. Bequests are completely tax deductible, substantially reducing your estate taxes. Deferred gifts allow you to achieve your philanthropic goals while realizing financial, tax and estate planning goals.

Charitable Remainder Trusts

When you establish a charitable remainder trust you transfer assets of stock, real estate or collectibles to a trust, but continue to receive as income a fixed percentage or fixed sum from the principal. A charitable remainder trust is tax-exempt and may sell appreciated assets without capital gains tax. At the end of the trust term, the remaining assets are distributed to MacDonald Training Center. Benefits often include increased income and reduced income tax, capital gain tax and estate tax.

Retirement Plans

You can name MacDonald Training Center as the beneficiary of your individual retirement account (IRA), tax-sheltered annuities, Keogh plan, self-employed plan (SEP) 401(k), 403 (b) and other qualified pension and profit-sharing plans. While heirs can lose up to 70 percent of your retirement plan assets to estate and income taxes, this preserves the full value of your plan.

Life Insurance Gift

You can name MacDonald Training Center as a beneficiary of any individual or group life insurance policy. You receive an estate tax deduction for insurance proceeds that pass to MacDonald Training Center on your death. If you irrevocably donate the life insurance policy itself to MacDonald Training Center you also receive an income tax deduction.

Charitable Lead Trusts

You can provide a future inheritance to children, grandchildren or other heirs at reduced tax rates through placing assets in a charitable lead trust. The trust pays income to MacDonald Training Center for a fixed number of years, after which the principal would be distributed to your heirs.

Charitable Gift Annuities

When you transfer assets into a charitable gift annuity, the fund distributes to you a fixed stream of income for life. Benefits are similar to those of a charitable remainder trust.

To obtain further information about the gifting options listed above, please contact

Dan Berman, Sr. Director of Development
dberman@macdonaldcenter.org

Want to help change lives?

MACDONALD TRAINING CENTER IS A REGISTERED 501(C)(3) CHARITABLE ORGANIZATION. A COPY OF THE OFFICIAL REGISTRATION (#CH461) AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE (800-435-7352) OR ONLINE AT WWW.800HELPFLA.COM. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE.