Corona Foundation
Fundacion
Corona
Ways to Support the Corona Institute
Donate
Your
gift will allow us to expand all our programs, including
the extraordinary possibility for discovering intelligent
life in the universe! Your contribution will help put
humanity in greater touch with the education.
Multiple ways to Donate Online today!
Corona is an IRS qualified 501(c)(3) charity, fully tax
deductible.
Make a secure online
donation
Donate Using Guidestar.org - the IRS clearinghouse for
non-profits
Donate Using JustGive.org - A non-profit organization
assisting non-profit organizations
Planned
Giving
Planned giving can provide
support for the Corona Institute while realizing
significant tax savings for the donor. Many planned giving
vehicles can also provide donors with guaranteed income for
life. The following is one example of how a planned giving
strategy might be used to make a contribution to the Corona
Institute:
Mr. and Mrs. Orion would like to make a major contribution
to support the work of the Corona Institute. However, the
Orions' financial circumstances require that their assets
continue to earn interest income to support them in their
retirement.
By creating a charitable remainder trust with the Corona
Institute, the Orions will receive guaranteed interest
income for life and may claim an income tax deduction for a
substantial portion of their initial contribution. If the
Orions set up the trust by giving appreciated securities,
they will also avoid capital gains taxes. If the Orions
create the trust by giving real estate, they will avoid
capital gains taxes, qualify for potential estate tax
benefits, and eliminate the costs and obligations of
managing a property. When both Mr. and Mrs. Orion are
deceased, the trust will be used to support the work of the
Institute in a manner designated by the Orions.
There are many other ways of using planned giving
strategies to both support the work of the Corona Institute
and realize your financial planning goals. A bequest, for
example, allows the Institute to be named as primary or
partial beneficiary in a will, thereby reducing or
eliminating estate taxes after the donor's death while not
affecting a donor's financial situation while living.
In these and other circumstances, planned giving creates a
"win-win" situation for the donor and for the Corona
Institute.
Securities
(Stocks)
Giving
securities is often more economical than giving cash. By
making a contribution of highly appreciated stock to the
Corona Institute, you can claim a tax deduction for the
full fair market value of the stock given and not pay
capital gains tax on the appreciated value.
The Corona Institute has experience managing gifts of stock
and would be pleased to work with you on such a
contribution. A contribution of appreciated stock could
produce tax advantages for you while helping the Corona
Institute continue and expand the search for life in the
universe.
If you need your appreciated securities to generate income,
but would still like to reap the tax advantages of a
charitable gift and support the Corona Institute, you might
consider contributing securities through a Planned Giving
arrangement.
In many cases, it is possible to increase your current cash
income for the balance of your lifetime from securities you
own and, at the same time, create a charitable gift
deduction. There are also estate planning strategies that
can create increase bequests to your heirs, while
simultaneously helping the Corona effort.
Real
Estate
Real
estate is often overlooked as a possibility for charitable
contribution, but in fact it can be among the most
advantageous contribution vehicles for a donor. Personal
residences, rental or commercial property, farms and
ranches, and undeveloped land are among the possibilities
for a contribution of this nature.
Here's an example of how a real estate gift can work to
your advantage. If you purchased a property for $25,000
that is now worth $75,000, you can give this property to
the Corona Institute and avoid capital gains taxes on the
appreciation. At the same time, you can claim the full
$75,000 -- the fair market value -- as a charitable tax
deduction. You may also qualify for estate tax benefits. Of
course, making this contribution also relieves you of
maintenance costs, management concerns, and property taxes.
Like any transaction of this nature, making a contribution
of real estate requires careful consideration. However, the
Corona Institute has experience managing contributions of
real estate and would be pleased to work with you. A
contribution of real estate could produce tax advantages
for you while helping the Corona Institute to continue and
expand research.
If you need your real property to generate income, but
would still like to reap the tax advantages of a charitable
gift and support the Corona Institute, you might consider
contributing real estate through a Planned Giving
arrangement.