Other Ways To Give

Portland Wheelers offers contributors – both individuals and businesses – many ways to support the organization. Please review the following options then, if you have questions or to learn more, contact our Executive Director, Doug Malcolm (doug@portlandwheelers.org, 207-232-7740), Board Treasurer, Sue Wall (susanhydewall@gmail.com, 207-233-8720), or your financial advisor.


AmazonSmile

Support Portland Wheelers whenever you shop! Go to smile.amazon.com and Amazon will donate 0.5% of the price of your eligible AmazonSmile purchases to Portland Wheelers. It’s that simple and it doesn’t cost a thing.


Bequest

A provision in a will designating Portland Wheelers allows for a substantial contribution to us without diminishing assets during your lifetime. Since bequests are deductible from the estate, significant tax savings are possible. The gift can be made through a will or a trust, and either document enables you to distribute assets in the amounts or proportions you indicate.


Charitable Gift Annuity

A charitable gift annuity is an agreement between a donor and a nonprofit organization. The donor receives a fixed and guaranteed annuity payment for life in exchange for a gift to Portland Wheelers of, usually, cash or marketable securities.


Charitable Remainder Trust

An irrevocable trust may be used to provide the donor or a loved one with either a fixed annual income or an income that varies with the value of the trust. In this way a portion of the trust qualifies for an income tax deduction. At the death of the last income beneficiary, the assets in the trust are distributed to Portland Wheelers.


Company Matching Gifts

Check with your company’s Human Resources department to see if they offer matching gifts. Many companies do. The EIN Tax ID number for Portland Wheelers, which your company will need, is: 47-2690824.


Gift of Securities & Stock

There are distinct tax advantages when giving Portland Wheelers securities over cash. The benefits are twofold: 1) you receive a deduction for the fair market value of the stock (up to 30% of your adjusted gross income), and 2) capital gains taxes do not apply. When securities have grown appreciably in value (capital gains), charitable gifts of appreciated securities can make a lot of sense for the donor.


IRA Charitable Rollover

Tax-smart, the IRA Charitable Rollover can provide an excellent opportunity to turn an asset into a gift, especially where that asset would be subject to several levels of taxation, if it remained in your taxable estate. Donors over the age of 70½ can distribute from an IRA to Portland Wheelers up to $100,000 tax-free in a single calendar year.


Life Insurance

Donors can use life insurance to make a gift by naming Portland Wheelers as the owner and beneficiary of the life insurance policy. The donor then receives a charitable income tax deduction.


Retirement Assets

Designating Portland Wheelers as the beneficiary of a retirement account, such as a 401(k), 403(b), or IRA, causes the charitable gift to be deductible for income tax or estate tax purposes. Another way to benefit Portland Wheelers, while receiving significant tax savings, is to make a gift of any of the above qualified retirement plan assets, including, in addition, Keogh or pension plans.


Vehicle Donation

Maybe mom or dad can no longer drive, so you have an extra car on your hands. Or you have a motorcycle, boat or RV you’d like out of the yard. Donate them to Portland Wheelers. The proceeds help us take more people with disabilities for rides on our unique tricycles. Your wheels for our wheels! And it’s as easy as a phone call. Really! Visit our vehicle donation website to learn more.