There are many ways you can help.
By planning regular donations, you provide a steadfast voice for our children and youth. You can choose to give monthly, quarterly, or semi-annually – in any amount that works for you. As a Steadfast Supporter, you provide Piedmont CASA with a forward-looking foundation that enables us to plan better, serve better, do better. Every quarter, you'll receive a window into our work. Along with a brief overview of pertinent facts, the Steadfast Report will contain stories and insights from our kids, Volunteers, Coaches, and staff. Your Steadfast Support gives vulnerable children and youth all across our community the chance to write new stories.
State employees, remember that you can designate Piedmont CASA to receive your donation through the United Way's Commonwealth of Virginia Campaign (CVC). Piedmont CASA's CVC Code is 200129.
A Living Legacy
Transform our community for generations to come with a Legacy Gift. With planned gifts, donors demonstrate their abiding stake in our community. Become a member of the Acorn Community simply by notifying us that you have included Piedmont CASA in your estate plan or will. There is no minimum gift level and membership is lifelong.
In consultation with your attorney, you may wish to consider which of the following is best for you:
- Bequests: Gifts by Will or Estate Plan
- Life Insurance Policies: Leverage cash donations by using your life insurance. You can gift a policy outright or name Piedmont CASA as beneficiary.
- Individual Retirement Accounts: If you are over the age of 70½ and have an Individual Retirement Account (IRA), then a gift from your account may provide the most significant tax savings of any charitable contribution. You can distribute up to $100,000 each year to your favorite charity without counting the distribution as income. At the age of 72 you must start to take a Required Minimum Distribution (RMD) from your IRA. A Qualified Charitable Contribution (QCD, also called IRA Charitable Rollovers) will count towards that RMD.
- Charitable Gift Annuity: Benefit from the tax savings that result from supporting Piedmont CASA without giving up the assets that you would like your family to receive someday. A charitable lead annuity trust pays a fixed amount each year to Piedmont CASA and is more attractive when interest rates are low.
- Charitable Remainder Trusts: A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust's assets go up in value, for example, the payments to Piedmont CASA go up as well.
- Gift of a Retained Life Estate: A gift plan defined by federal tax law that allows you to donate your home or farm to a charity while retaining your right to live in it for the rest of your life.
Our Board of Directors established the Endowment Fund in 2001 so that a percentage of the interest income could be used to ensure that Piedmont CASA programs would continue despite fluctuations in funding. The trials and tribulations of 2020 highlighted the wisdom of this decision.
The financial strain of the pandemic on so many families was clear in hundreds of headlines. Since individual giving is our primary source of income, our bottom line reflected that stress. Having the Endowment Fund to fall back on meant that even in one national crisis after another, our CASA kids never lost the advocacy and guidance of their CASA Volunteers and Bridges Coaches -- thanks to the strong foundation built by our farsighted board and donors. But this resource is not infinite and we do not know what challenges the coming years may bring. If you are interested in a living legacy, please consider a gift to our Endowment Fund. For more information, please contact:
Have a lasting impact on children’s lives for years to come by donating appreciated stocks, mutual funds, or bonds. It's an efficient way to contribute to Piedmont CASA that can also provide you with significant tax benefits. If you would like to make a gift of stock to Piedmont CASA, please contact our account representative:
James B. Neligan
Branch Manager, Senior Vice President
Wells Fargo Advisors, Wells Fargo Clearing Services, LLC
A donor-advised fund (DAF) is a type of giving vehicle administered by a third party that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals.
A generous gift of real estate helps give every child we serve the opportunity to survive and thrive for years to come — and it can help you. You can give real estate to Piedmont CASA in the following ways:
- An outright gift: When you make a gift of real estate that you have owned longer than one year, you qualify for a federal income tax charitable deduction equal to the property's full fair market value. This eliminates capital gains tax.
- A gift in your will or living trust: A gift of real estate through your will or living trust allows you the flexibility to change your mind and the potential to support our work with a larger gift than you could during your lifetime.