Looking To Donate?
There are several ways to donate to Sacred Heart House, or any charitable organization you wish to support. Sacred Heart House offers an easy way for you to accomplish your charitable goals. As our partner in giving, you will receive the simplicity and tax advantages of a public charity combined with the personal service, ease, and flexibility of a private foundation.
Sacred Heart House of Denver does accept larger household items for the women in our Follow-Up Program. If someone in our program can use the items you wish to donate, we would be happy to pick them up from your site and deliver the items directly to the family in need.
Many people like to give to Sacred Heart House of Denver to honor or memorialize someone. If you choose, we can notify the appropriate person about your gift. If you would like to donate material goods to Sacred Heart House of Denver, please call (303) 296-6686.
Outright Gifts | Memorial Gifts | Life Income Plans
1. Enterprise Zone Contributions
Donations of $250 and over to Sacred Heart House of Denver may currently be recorded under the Colorado Economic Enterprise Zone. These donations are eligible for a state tax credit, which, in most cases, is 25%. Starting in 2012, the state of Colorado requires agencies to collect each taxpayer’s Social Security Number or the taxpayer’s Colorado Tax ID Number. Please include either one of these numbers with your contribution. Checks should be made out to Sacred Heart House of Denver with “Enterprise Zone” written in the memo space. You will receive a “Certification of Qualified Enterprise Zone Contribution” form from Sacred Heart House. Enterprise Zone contributions must be received by December 31st.
2. Gifts of Cash
A cash gift is the simplest way to establish a fund. Cash gifts are fully deductible up to 50 percent of your adjusted gross income in any one year. Deduction amounts exceeding this limit may be carried forward for up to five additional years. If you would like to give by credit card, please visit www.givingfirst.org and search for Sacred Heart House’s donation profile.
3. Outright Gifts
Outright gifts can include cash, securities, real estate, and life insurance. For example, a gift of cash or long-term appreciated securities. This method of giving provides a wonderful gift to Sacred Heart House of Denver and we appreciate each donation to us. maximum charitable income tax deduction benefits to you.
Gifts of appreciated securities (bonds and stock, including stock in closely held companies) also may be used to establish a fund. Such gifts often provide important tax advantages. Their full fair market value is deductible as a charitable contribution up to 30 percent of your adjusted gross income. As with gifts of cash, deduction amounts exceeding this limit may be carried forward for up to five additional years. The added benefit of giving appreciated securities is the avoidance of the capital gains tax on the appreciated portion of the gift. Gifts of closely held stock enjoy the same tax benefits as with publicly traded stock.
5. Life Insurance
Life insurance policies also can be used as charitable gifts. If you name Sacred Heart House of Denver as the owner and beneficiary of an existing or new life insurance policy, you receive an immediate tax deduction, which usually approximates the cash surrender value of the policy. All premium payments made by you thereafter will be deductible as a charitable contribution.
6. Real Estate
Gifts of homes or property may also be considered a charitable donation. If you are considering this option, we would be happy to discuss your circumstances with no obligation.
7. Memorial Gifts
A bequest, which is really a gift that comes to us after your lifetime. This method of giving provides ultimate flexibility for you, a wonderful gift for Sacred Heart House of Denver, but with no income or tax advantages during your lifetime. Some people create special funds for tributes and memorials. Contributions may also be made to existing funds in order to: Honor a living person, memorialize deceased persons, commemorate anniversaries or other special events.
You can also use this giving option to create a scholarship fund acknowledging the contributions of a retiring teacher, engage a civic group in creating an emergency relief fund for a disaster, support the favorite charities of a couple celebrating their 50th anniversary, and create a youth program that keeps the memory of a deceased child.
8. Life Income Gifts
A life-income gift. For example, a gift of cash, long-term appreciated securities or real estate, but you retain the right to receive income from the donation for your lifetime and the lifetime of your spouse. This method of giving provides a wonderful gift to The Denver Foundation and a significant income to you, with reduced income tax deduction benefits.