Hope Remains Ranch relies heavily on generous donations from interested and caring individuals within the community. We offer donors a variety of giving options to support our mission at the ranch. In addition to donating your time, talents and monetary gifts directly to Hope Remains, we have established another avenue for donors to gift critical resources and long term commitments, such as real estate, trusts and assets. This avenue is called HOPE PROMISES and is administered through the South Carolina Christian Foundation as a 501(c)3.
WAYS TO GIVE
Donors may contribute in a variety of ways to receive maximum tax advantages. Hope Promises allows donors to contribute both during their lifetime and by creating a bequest through a will.
A gift of cash is the most popular way to donate because of simplicity. A cash gift of any size is always welcome. You may give online, by check, credit or debit card.
You may give stock and receive a tax deduction for the full market value, thus avoiding tax on capital gains or appreciated stock.
Hope Promises will accept most gifts of real estate. Such a gift allows you to avoid taxes and capital gains, thus enabling you to provide a greater benefit to the children of our community.
You can name the Hope Promise as owner of a paid-up life insurance policy or take out a new policy. You will receive a charitable income tax deduction on the cash value of the policy as well as the annual premiums.
REQUEST BY WILL
You may transfer any asset you own through a written will to benefit Hope Promises. Although you will not receive tax benefits during your lifetime, your taxable estate will be reduced by the amount of the charitable bequest.
CHARITABLE REMAINDER TRUST
You may use many different assets to establish a Charitable Remainder Trust that will benefit you and/or your heirs for life. The remaining interest in the trust could be earmarked for The HRR Hope Promises.
CHARITABLE LEAD TRUST
A Charitable Lead Trust enables you to transfer assets to heirs with a lower tax burden. You may be able to designate The HRR Hope Promises to receive the benefits from the trust for a special period of time before the assets go to the designated heirs.
Many investors are beginning to realize that upon their death, unused IRA assets will be heavily taxed. In fact, it’s been estimated that estate and income taxes could consume anywhere from 60% to 80% of the money remaining in IRA assets. You can avoid income tax on retirement accounts as well as estate tax, by naming the HRR Hope Promises through The South Carolina Christian Foundation as a partial or full beneficiary of retirement accounts.
CHARITABLE BENEFICIARY DESIGNATION
You can designate The HRR Hope Promises as a full or partial beneficiary of your qualified retirement plan using a form supplied by the policy underwriter or plan administrator.
When you are no longer living, the benefit comes to the fund at the South Carolina Christian Foundation, supporting local children forever. The benefit payment is generally excluded from your estate for tax purposes.
HOW TO GIVE
You may contact The South Carolina Christian Foundation at any time to discuss these and other giving opportunities by calling 864-949-5800.
MAKE CHECKS PAYABLE TO:
Hope Remains Ranch
c/o The South Carolina Christian Foundation
Post Office Box 2394
198 White Star Point
Spartanburg, S. C. 29304