We accept gifts in many forms!
A gift of appreciated stocks or other securities can be a tax-wise way to support Local Motion.
“If you have a position in your investment portfolio that appreciated in value, you normally need to pay capital gains taxes on that increase. But if you donate appreciated assets, you can not only deduct the value of the charitable contributions from that years' taxes but you also get to avoid getting taxed on the unrealized gain of the donated stock.”
(Making Charitable Donations of Stock Instead of Cash After Tax Reform, Forbes 11/26/2018)
To make a gift of stock to Local Motion, please instruct your broker to transfer the stocks or bonds to Local Motion’s account at:
Account # 5720-9766
Please notify or have your broker notify Local Motion when you make your gift, so we can appropriately acknowledge your gift. (Otherwise, we may not know who the gift is coming from.) If you have any questions, contact us at [email protected], or tel 802-861-2700 Ext 109.
A gift annuity is a giving vehicle that facilitates charitable giving while also providing income to you for life. Charitable Gift Annuity rates have increased this year (2023), which is beneficial to you, the donor. A philanthropic advisor can talk with you and your financial advisor about adding a CGA to your charitable giving plan. New for 2023, if you are 70 ½ or older you can make a one-time election for a qualified charitable distribution of up to $50,000 from your IRA to fund a Charitable Gift Annuity. Local Motion partners with the Vermont Community Foundation. Learn more about CGAs on the Vermont Community Foundation’s website.
Individuals 70 ½ and older can donate any amount up to $100,000 directly to Local Motion from your IRA without the gift being treated as taxable income, and the gift can be used as your Required Minimum Distribution. Your plan administrator must issue a check directly to Local Motion. Contact your plan administrator or tax professional for details.
Remembering Local Motion In Your Will
A planned gift will help to bring walking and biking within reach for all Vermonters.
Like you, Local Motion is committed to creating a more sustainable Vermont for future generations in which everyone, of all ages and all abilities, has the choice to walk or bike for everyday errands or daily commutes, for recreation and fun, for fitness and health, for the sheer joy of it.
Local Motion has partnered with the Vermont Community Foundation to provide a wide range of opportunities including annuities, trusts, charitable bequests, Local Motion's ACTIVE Fund, and more.
To talk about planned gift options, contact us at [email protected] or tel 802-861-2700 Ext 108.
Workplace Giving and Employer Matching Gifts
A simple and cost-effective way to give is through employers who offer a workplace giving program, often through payroll deductions. Some employers will even match their employees' gifts at 1:1 or even double!
To begin, contact your Human Resources Department. Most employers will give you a form to complete and send to us. We will verify the information on the completed form, and return it to the company for approval and processing.
Vermont State employees can give through the annual charitable appeal at VTShares.vermont.gov.
In Kind Donations
at times, Local Motion is in need of specific goods or services - including 12-passenger vans. Please contact us if you have something to offer - email [email protected]
Every year, hundreds of volunteers donate thousands of hours and have a ton of fun along the way. Some employers even encourage their employees to volunteer on company time! Learn more about all of our volunteer opportunities!
To explore any of these opportunities in greater detail, please contact:
802-861-2700 or [email protected]
Note: This information is not intended to be legal or financial advice. We encourage all donors to seek professional financial planning, tax, and legal advice.