Gifts

• Gifts
• Financial Gifts
• Planned gifts Bequests
• Little Moments Big Magic Leadership Circle
• Adopt-A-Match

Financial Gifts

• Gifts Of Stock
• Charitable Gift Annuity
• Retirement Plans
• Appreciated Securities

Gifts of Stock

Electronic delivery of stock shares is the most secure and expedient delivery process available and provides efficient internal control as well as cost savings. However, you may also transfer certificates directly. To help you facilitate a gift of stock, please use the following instructions.

Regardless of the method chosen to deliver a gift of stock, the donor or the transferring broker must provide the following information directly to Big Brothers Big Sisters, for audit and acknowledgment purposes:

• Donor's name and complete address
• Name and number of securities transferred
• Specific Big Brother Big Sister program or event to which gift should be directed, if any.

You may provide a letter or send an e-mail to communicate this information at time of transfer to:
Big Brothers Big Sisters
5511 Staples Mill Rd., Suite 200
Richmond, VA 23228
Telephone: (804) 261-4940
E-mail: smilliken@bigbrobigsis.com

Charitable Gift Annuity

How it Works:

• You transfer your cash or securities to Big Brothers Big Sisters.
• Big Brothers Big Sisters pays you, or up to two annuitants you name, fixed income for life.
• The principal passes to Big Brothers Big Sisters when the contract ends.

Benefits:

• You receive an immediate income tax deduction for a portion of your gift.
• Your annuity payments are guaranteed for life.
• Your annuity payments are treated as part ordinary income, part capital gains income, and part tax-free income.
• You can have the satisfaction of making a significant gift that benefits you now, and the children we serve at Big Brothers Big Sisters later.

Retirement Plans

How it Works:

• You name BBBS as the beneficiary of your IRA, 401(k) or other qualified plan.
• Any residual left in your plan when you pass on passes tax-free to BBBS.

Benefits:

• You can escape both income AND estate tax levied on the residual left in your retirement account by leaving it to charity.
• You can continue to take withdrawals through your lifetime.
• You can change your beneficiary if circumstances change.
• You can elect to leave your retirement plan assets to BBBS through your will or revocable trust instead.

Appreciated Securities

How it Works:

• You transfer securities to Big Brothers Big Sisters.
• Big Brothers Big Sisters sells your securities and uses the proceeds for our programs directly benefiting children in our community.

Benefits:

• You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
• You pay no capital gains tax on the securities you donate.
• You can have the satisfaction of making a significant gift now or funding a life-income gift, such as a gift annuity that benefits BBBS.