Gifts

Ways to Give

The following information provides a brief overview of the numerous ways that gifts can be made to Cadbury Foundation. It is important for you to choose the giving plan that best fits you and your financial situation. You should consult your attorney, accountant or other financial advisor to determine which plan is best for you.

Cadbury Foundation would be pleased to discuss these plans with you and/or your advisor in a confidential and private briefing. Please contact Cadbury Foundation's Executive Director, JoAnne LaPergola, at (856) 382-4024.

Outright Gifts

Outright gifts are especially welcome because they can be used immediately to meet Cadbury's current needs. Such a gift may be made in one year or as a multi-year pledge given over a three to five year period. All such gifts are tax-deductible. The actual deduction depends on individual circumstances. A gift or pledge payment may take the form of cash, appreciated property (such as securities or real estate), or many kinds of personal properties with a marketable value.

Gifts of Cash

Gifts of cash are fully deductible up to 50% of a donor's adjusted gross income.  Any excess can be carried over for up to five years.

Example: Emma, a Cadbury resident's family member, makes a gift of $30,000 to Cadbury Foundation. Assuming Emma has an adjusted gross income of $60,000 or more; the gift is fully deductible.

Gifts of Appreciated Property

Gifts of appreciated property provide a great opportunity to realize favorable tax benefits.  The most favorable tax benefits are generated by contributions of appreciated long-term capital gain securities and real estate. Why? The donor receives a charitable deduction for the full fair market value of such a gift and escapes any potential tax on the capital gain element in the gifted property. (Some high-income taxpayers may owe an alternative minimum tax on the capital gain). The full fair market value of  long-term capital gains securities or real estate is deductible up to 30% of a donor's adjusted gross income.  Any amount in excess of the 30% ceiling can be carried forward for up to five years.  Please call the Foundation for specific instructions on making a gift of stock at (856) 667-4550.

Example: Mr. and Mrs. Matthews, friends of Cadbury, own securities currently valued at $20,000, which they purchased several years ago for $5,000.  They give the securities to Cadbury and realize a $20,000 charitable deduction.  If Mr. and Mrs. Matthews are in the 31% tax bracket, the charitable deduction saves them $5,200 in income taxes (31% of $20,000).  In addition, they avoid the potential capital gains tax on their $15,000 profit, for a further savings of $4,200 (28% of $15,000).

Tangible Personal Property

In some cases, a gift of long-term capital gain tangible personal property, such as works of art, rare books, etc., can be advantageous for both the donor and Cadbury. As long as the property has a related use to Cadbury, the donor is entitled to a charitable deduction for the full fair market value of the property - subject to the 30% ceiling and the five year carryover described earlier.

Example: Mrs. Hill, daughter of a Cadbury resident, lives in Florida. She could contribute either a collection of rare books or an antique car.  Mrs. Hill contributes the books to Cadbury's library because she can deduct the full market value of the gift.  The car does not fall within the related use category.  If she had donated the car it would qualify for a charitable deduction on the original cost basis.

Planned Gifts

A planned, or deferred gift is one that is arranged during one's lifetime, but the benefits to Cadbury are deferred to a future date. Planned giving is important to ensure a stable future for Cadbury. In addition, a donor may receive a number of advantages such as immediate tax benefits or lower estate taxes. 

Charitable Gift Annuity

A charitable gift annuity provides an immediate federal income tax deduction and a fixed lifetime income payment, some of which might be free from federal income tax.  Annuity rates are tied directly to the age of the income beneficiary at the time the gift is made.  The older the annuitant at the time of the gift, the higher the rate.  The minimum gift for an annuity is $5,000.

Life Insurance Gifts

A gift of life insurance can provide a significant charitable deduction. You could purchase a new policy or donate a policy that you currently own but no longer need. If you have paid some of the premiums, but not all, you may claim a deduction on the present value of the policy (generally the cash surrender value).

Memorial Wall

Start by remembering happy times, loved ones and good friends on our Memorial Wall. A donation will guarantee that one of our 248 Corian Plaques will serve not only as a beautiful piece of art but as a permanent and daily testimonial to honor and memorialize our loved ones, both with us and passed on. It provides a place for you to visibly demonstrate your love. Our memorial Wall allows this LOVE to go on and on for everyone to witness and enjoy. Plaques are available from $500 and up. Give your loved one a permanent Testimonial this year.

Bequests

A bequest to Cadbury is a gift everyone can make through their will. It involves no immediate loss of capital or income. Sample wording for persons who may wish to make a bequest to The Cadbury Foundation:

"I give and bequeath the sum of $ ____ to The Cadbury Foundation, Inc." OR
"I give, devise and bequeath to The Cadbury Foundation, Inc. (all, or ____ %, or a specific fraction) of the rest, residue and remainder of my estate, both real and personal."

 
To schedule a confidential private briefing on how a charitable gift can benefit you - Call JoAnne LaPergola at (856) 382-4024.