Ways to Give
Outright gift of cash
You can make a one-time gift or a multi-year pledge payable over three years. Checks should be made payable to Clemmons Food Pantry Building Fund. Pledges of at least $100,000 can be paid over a longer period. Each pledge payment is receipted when received by Clemmons Food Pantry. Give a cash donation now.
Gift of Stock
You or your broker can transfer stock to Clemmons Food Pantry. The donor is entitled to a charitable deduction for the full (appreciated)value of the stock and pays no capital gains tax. To transfer stock, you or your broker can Contact our campaign chairman.
IRA Charitable Rollover
A donor of at least age 70 ½ can transfer up to $100,000 from an IRA to the Clemmons Food Pantry annually. While there is no traditional charitable deduction for the rollover, the amount transferred does not count as regular income and is not taxed, so it functions, in effect, as a deduction. It also satisfies the minimum distribution requirement of the IRA. To initiate a charitable rollover, contact your IRA plan administrator and provide instructions to transfer the funds to Clemmons Food Pantry.
Planned and Insurance Gifts
The campaign accepts gifts cited in documented will provisions and life insurance, provided the donor is age 70 or older. Will provisions and life insurance are acknowledged by letter but not receipted, although the expected gift is documented in the campaign. The gift is receipted when received by Clemmons Food Pantry.
One Donation (workplace giving)
One Donation is a simple and innovative solution that helps corporate donors enable employees to support nonprofit causes alongside their employers. The benefits are numerous: increased donations for the nonprofit, increased employee engagement through employee participation in a corporate giving initiative, and the corporation gets to showcase its corporate social responsibility, resulting in better employee recruitment and corporate branding.