There are many ways to make a gift to the MBEF Endowment. Gifts to the Endowment can come in many sizes and forms, each with important tax benefits. Whether you want to put your donation to work immediately or design a plan that benefits MBEF far into the future, you can feel good knowing you are giving to the future students of Manhattan Beach. Find the option that works best for you.
Gifts of Cash: The simplest way to help grow the Endowment is to make a one-time gift via check or credit card or arrange for automatic monthly, quarterly or multi-year payments from your credit card by registering online.DONATE NOW
Check should be made payable to MBEF Endowment and mailed to:
P.O. Box 1110
Manhattan Beach, CA 90267
Gifts of Appreciated Stock: If you have held stock for more than one year and it’s increased in value, you can transfer the stock to the Endowment rather than selling stock and donating all or part of the proceeds. A transfer allows you to take full fair market value as a tax deduction without capital gains. Please see instructions to donate stock to the Endowment.
Gifts of Real Estate: The tax benefits are the same as appreciated stock. Gift can be made outright, or through an income-producing gift arrangement.
Donor Advised Funds: A donor advised fund can help you realize your philanthropic goals by combining the flexibility of a private foundation with the tax advantages of a public charity. A donor advised fund allows you to make a charitable contribution to the fund and receive an immediate tax benefit. You may contribute as frequently as you like, and recommend a grant to MBEF and other favorite charities from the fund when you are ready.
Double Your Impact: Matching Gifts: Many companies, big and small, provide matching gift programs to support the organizations and causes their employees believe in. Most companies match dollar for dollar, but some double or triple an employee’s gift.
Check with your Human Resources Department to confirm the possibility of a matching gift to the MBEF Endowment.
Retirement Plans: Retirement plans can be subject to income, estate, and generation-skipping transfer taxes when the owner dies and the final distribution is made to heirs. You can eliminate this double tax liability by naming the MBEF Endowment as the beneficiary of your IRA, pension, 401(k) or other retirement savings plan.
Life Insurance: If you own life insurance policies that are no longer needed for your estate planning, you can change the beneficiary to the MBEF Endowment.
Name the MBEF Endowment in Your Will or Living Trust: You may make a provision for the MBEF Endowment when you have your will or living trust drafted, or a bequest may be added by amending your existing will or trust. There is no minimum amount for a bequest, and gifts can be made with cash, securities, real estate, tangible personal property, or retirement plan assets. The value of a charitable bequest is fully deductible for estate tax purposes. Please make sure that your bequest lists the beneficiary as the “Manhattan Beach Education Foundation Endowment, a nonprofit organization located in Manhattan Beach, California.” We would be pleased to provide you with sample bequest language for inclusion in your will or trust.
Create a Life Income Gift: There are special plans that provide not only an immediate income tax charitable donation deduction, but may also offer additional benefits such as life income and avoidance or deferral of capital gains taxes. Examples are Charitable Gift Annuities, Charitable Remainder Trusts, and Charitable Lead Trusts.
Members of the Endowment Professional Advisory Council are available to answer your questions and help you determine how the MBEF Endowment best fits your lifestyle, financial planning, and philanthropic goals.