Donors also experience the satisfaction of knowing that they are helping to bring the joy of reading into the homes of their less fortunate fellow New Yorkers. The following page outlines the many ways you can donate right away, but there are other options of Planned Giving.

Cash

Nothing could be easier and more direct than making a cash gift, by check or credit card, to Literacy Partners to make an immediate impact in support of our mission.

Donate Online Now

To make a donation to Literacy Partners click on the link below to NYCharities.org, a free secure contributions portal dedicated to increasing charitable dollars from donors to worthy New York City non-profits. Upon clicking on the NYCharities.org logo below, you will be redirected to a secure payment page.

Match Your Contribution

Many employers will match contributions. Check with your company to find out if you can increase the value of your gift to Literacy Partners. If so, you need to complete your company’s Matching Gift form, usually available from your Human Resources department, and mail to:

Literacy Partners, Inc.
30 East 33rd Street, 6th Floor
New York, NY 10016
Attention: External Affairs

Submitting Gifts via Mail

Please make your check payable to Literacy Partners and send your donation to:

Literacy Partners, Inc.
30 East 33rd Street, 6th Floor
New York, NY 10016
Attention: External Affairs

If you would like, you may print out our donation form to mail along with your contribution.

IRA

This provision is set to expire December 31, 2009, so act now!

The Pension Protection Act of 2006 allows donors wishing to contribute to Literacy Partners from their IRA account. This “IRA charitable rollover” provision allows a taxpayer to contribute funds from his/her IRA directly to Literacy Partners. The funds distributed from the IRA are excluded from the taxpayer’s taxable income for the year. Therefore, no income tax is paid on the IRA distribution. Further, the taxpayer does not take the contribution as a charitable deduction on Schedule A of their federal income tax return. This provision is a great benefit to donors and charities, allowing all of the IRA distribution given to charity to be free of income tax.

Requirements for a qualified charitable distribution from your IRA:

• Taxpayer/donor must be at least 70½ years of age.
• Distributions can be made from a traditional or Roth IRA.
• Maximum amount eligible for this transfer is $100,000 per taxpayer per year. A married couple could donate up to $200,000 provided each spouse owns at least one IRA and can each make a qualified charitable distribution of $100,000 from their plans.
• Transfer of funds must be made directly to Literacy Partners by the IRA trustee. This means that the taxpayer/donor must never receive the funds.
• Taxpayer/donor can receive no value in return from the charitable organization.
• The charitable entity must provide written verification of the contribution and that no value was received.

For more information or if you are interested in taking advantage of this opportunity, please contact your financial advisor.

Securities

Gifts of appreciated stock and publicly traded securities can be extremely beneficial to both you and Literacy Partners. Appreciated securities that have risen in value and you have held for at least one year are a great gift option. You can deduct the full fair market value and pay no capital gains taxes as well as making a significant donation to Literacy Partners.

Transferring Stock for Charitable Giving

Using appreciated stock to make a gift is a great way to eliminate capital gains taxes, get a handsome income tax deduction, and provide important resources to help further the mission of Literacy Partners.

Here are several pieces of information you will need to complete the transfer of stock:

• Our legal name is Literacy Partners, Inc.
• Our investment broker is:
  Merrill Lynch
  Office Center at Short Hills
  51 JFK Parkway, 3rd Floor
  Short Hills, NJ 07078
• Our DTC # is 5198
• Our account # is 859-07005

The value of your stock gift is determined on the day it is received in our account. You will receive a formal letter of thanks and acknowledgment for your tax records.

Contact Us

For additional information regarding opportunities to support Literacy Partners, please contact the Department of External Affairs at 646-237-0122 or development@literacypartners.org.

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