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Donor Giving & Stewardship
DONOR GIVING and STEWARDSHIP
CHAMPIONING A CULTURE OF EXCELLENCE The long-term success of the South Dakota Hall of Fame depends on donors and advocates who participate with their generosity and commitment for giving. The inductees have given their time, talent and resources to immeasurably influence South Dakota. As a state, we owe it to them to highlight their contributions and build on their legacy.
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The SD Hall of Fame staff and board want to help you understand ways of giving that extend beyond cash donations. There are many options and a wide scope of possibilities that empower you to consider long-term stewardship to the Hall of Fame. With a lifetime of giving, you can support and invest in championing a culture of excellence in South Dakota.
AUTOMATIC CONTRIBUTIONS Make an automatic monthly contribution to the SD Hall of Fame. Gifts are accepted by credit card, automatic bank transfer, by mail, by phone, or online at sdexcellence.org sdhalloffame.org .
TRANSFERS OF APPRECIATED PROPERTY Take advantage of the tax benefits that come your way when you give securities, real estate, vehicles or other property. Proceeds from the sale of these assets will benefit the SD Hall of Fame for years to come.
BEQUESTS Consider leaving a legacy to the SD Hall of Fame in your will. Bequests help your heirs by providing estate tax savings. You can enjoy the knowledge that you have made a contribution to your community without compromising your current financial situation.
CHARITABLE GIFT ANNUITY, REMAINDER TRUST If you have an individual pension plan, IRA, or retirement plan, consider stipulating in your will that those funds will go to the SD Hall of Fame. A gift annuity or remainder trust provides a fixed, guaranteed cash flow and substantial tax benefits. At the same time, it makes a substantial contribution to the SD Hall of Fame’s future.
REMAINDER INTEREST FOLLOWING LIFE ESTATE If you have real property that you want to donate to the SD Hall of Fame, but want to retain the right to continue living in the property, this plan will work for you. You can receive a charitable income tax deduction for the present value of your equity, and avoid potential capital gains taxes from the property’s continued appreciation.
AN ENDOWMENT FOR ONGOING SUPPORT A strong Endowment Fund at the Hall of Fame will ensure a flourishing future. Interest and earnings from the endowment can supplement income for programming. The Endowment Fund, established in 1991, is managed by the South Dakota Community Foundation.
GIFT OF LIFE INSURANCE You can designate the SD Hall of Fame as the beneficiary of a life insurance policy. Tax benefits vary depending on policy terms.