About the ACLD Foundation 

Incorporated in 2016, the ACLD Foundation is a 501(c)(3) organization established to support and raise funds for the exclusive benefit of Adults and Children with Learning and Developmental Disabilities (ACLD) Inc.  

The ACLD Foundation offers a variety of gift-giving opportunities including cash, appreciated stock, real estate, life insurance, retirement benefits, wills and bequests.  Your gift to the ACLD Foundation supports children and adults with autism, learning and other developmental disabilities to pursue an enviable life.  Your donation not only helps to provide for ACLD’s future, but it can also result in significant tax savings for you. 

To learn more about the ACLD Foundation Board of Directors, please click here.  

Five Ways to Support the ACLD Foundation

There are several ways you can support the Foundation, both now and in the future, which may provide significant tax benefits to you. Please note, the ACLD Foundation does not provide tax advice; please consult with your tax professional. 

Cash Donations are fully tax-deductible, up to 50% of your adjusted gross income, and are acceptable in any form. Checks should be made payable to the ACLD Foundation.  

Gifts of Appreciated Stock – ACLD accepts both publicly traded securities and closely held securities. Donated stocks, held for more than one year, may offer you substantial tax savings because by donating stock rather than selling it, you avoid capital gains tax.  Your gift of such stock is fully tax-deductible, up to 30% of your adjusted gross income, with the deduction based on the average high and low quoted trading price of the stock on the day control is transferred to the Foundation. Gifts in excess of 30% may be carried over the succeeding five years.  

Before accepting closely held securities, ACLD reserves the right to evaluate the securities to determine whether any restrictions exist that would prevent ACLD from converting to cash, that the security is marketable and that the security will not generate any undesirable tax consequences for ACLD. For closely held securities, we will acknowledge receipt of the securities, but it will be the donor’s responsibility to secure the proper valuation, consistent with the IRS rules.

Gifts of Real Estate may include developed or undeveloped property and may offer you substantial tax savings. As with Appreciated Stock, if the property has increased in value since you purchased it you avoid capital gains tax by donating the property rather than selling it.  Please note, the ACLD Foundation reserves the right to reject a donation of real estate if there are environmental or other concerns associated with the property.

Wills and Bequests allow you to ensure your charitable support of the ACLD Foundation will continue.  Bequests are fully tax deductible for federal estate tax purposes, and may be deductible on your state estate taxes as well. 

Life Insurance Policies can name the Foundation as the beneficiary and irrevocable owner of a given policy.  Such gifts to the Foundation are valued at their interpolated terminal reserve value or cash surrender value at the time they are received – and any additional premium payments you make will be recorded by the Foundation as a gift in the years they are made.  Retirement Plans also can include the Foundation as their beneficiary.

To learn more about the above or make a gift to the ACLD Foundation, please call Aimee C. Keegan, Foundation Director at (516) 822-0028, x206. 

 An affiliate of

An affiliate of

Adults & Children with Learning
& developmental disabilities, Inc.

807 South Oyster Bay Road, Bethpage, NY 11714

Phone: 516.822.0028 | Fax: 516.822.0470 | info@acld.org

 

Copyright 2016 ACLD. All Rights Reserved.