WHAT CAN I GIVE?
You may donate almost any type of property – such as cash, stocks or bonds, real estate (homes, other buildings, land), or artwork.
The Taxpayer Association of Oregon Foundation is a 501(c)(3) organization. Contributions may be deductible as charitable contributions for state and federal tax purposes.
HOW CAN I GIVE RIGHT AWAY?
Mail donations made out and addressed to:
Taxpayer Association of Oregon Foundation · PO Box 23573 · Tigard, OR 97281
Click on the “DONATE” button below to give online — instantly, privately, and securely:
WHAT OTHER WAYS I CAN GIVE?
You may donate in a number of other ways to the Taxpayer Association of Oregon Foundation, including the following:
- Making direct contributions, such as simply transferring stock or deeding real property.
- Giving an undivided interest in real property. For example, an owner of land who is thinking about selling it could deed a portion or percentage of it to the Taxpayer Association of Oregon Foundation before the sale.
- Donating a remainder interest in real property. The landowner can give a deed to his or her home or other real property, but retain the right to use the property during his or her life, and during the life of a spouse.
- Including the Taxpayer Association of Oregon Foundation as a beneficiary of a living trust. The living trust is a common way to pass your estate on to heirs or other beneficiaries. The donor sets up the trust during his/her lifetime. The trust can include donations. Such trusts are generally revocable.
- Including the Taxpayer Association of Oregon Foundation in your will. A Will provides for the disposition of property to heirs or other beneficiaries. They are executed during one’s life and take effect upon death. Wills can include donations to organizations such as the Taxpayer Association of Oregon Foundation.
HOW DO GIFTS AFFECT MY TAXES?
- You may deduct the present value of a donation from your adjusted income as a charitable contribution to the Taxpayer Association of Oregon Foundation, thereby reducing your federal and state income taxes.
- No capital gains tax is paid by either the donor or donee on a gift of real property or securities, even if there has been a large increase in value.
- A charitable contribution reduces the value of your estate by the full value of the gift. Since federal estate taxes may be 50% or more of the value of your estate, this could reduce the problem of your heirs needing to generate large amounts of cash to pay estate taxes.
- The combined savings from federal and state taxes alone could nearly equal the current value of a charitable contribution. A donation to the Taxpayer Association of Oregon Foundation may actually cost you only a few cents on every dollar.
The Taxpayer Association of Oregon Foundation has been protecting your rights as a taxpayer since 2001. Help us continue to…
- Expose government waste, fraud, and abuse
- Fight in the courtroom to protect the rights and privacy of taxpayers
- Educate taxpayers and lawmakers of gross misuse of our tax dollars
- Go before the Media, on TV and other news outlets, exposing government waste
- Present positive bi-partisan solutions for balancing the state budget
- Educate the younger generation on how their tax dollars are spent