September 18, 2014

Giving to the Iditarod

The Iditarod Trail Committee relies on the philanthropy of race fans and friends to help stage the race and strengthen the future outlook of the organization. Large or small, every gift counts. All gifts help strengthen the mission of the Iditarod Trail Committee.

Additional Ways to Give to the Iditarod

Opportunity Advantage Details

Annual Giving

  • Outright gifts made annually provide current support to the Iditarod Trail Committee.
  • Gifts can be made with cash, securities, tangible personal property or real estate.
  • They can be designated to help a program or project of special interest.
  • Outright gifts entitle you to a charitable tax deduction in the year the gift is made.
  • You receive the satisfaction of knowing your gift is put to use right away.
Thank you for considering a gift to benefit the Iditarod Trail Committee! Your gift will help us successfully stage “The Last Great Race on Earth.”
By making a gift online, you can make a difference quickly and easily. ITC’s secure website will ensure your privacy. It encrypts all of your personal information, including credit card number, names and addresses, so that they cannot be read as the information travels over the Internet.

Planned Giving

  • Planned gifts are gifts that provide future support to the Iditarod Trail Committee.
  • Planned gifts are donations made through provisions in your will, revocable living trust, life insurance, charitable gift annuities, charitable remainder trusts or other similar arrangements.
  • Many gift plans offer immediate benefits such as specific tax advantages for you and your heirs or a lifetime stream of income.
  • You receive the satisfaction of helping ensure the future of “The Last Great Race on Earth.”
Smart and creative gift planning with the Iditarod Trail Committee can help maximize the immediate benefits from your generosity while increasing the impact of your giving. Your personalized gift plan can help to meet individual needs, secure your family’s future, and strengthen the Iditarod Trail Committee – all at the same time. Below you’ll find some of the many ways you can help the Iditarod Trail Committee while meeting your financial objectives today.

Bequests
The most popular planned gift is the charitable bequest. All bequests – large or small – can have a significant impact on the race. When you make a charitable bequest, you retain full use of your property during life. There is no disruption of your lifestyle and there are no immediate out-of-pocket costs.

Through various types of bequests to the Iditarod Trail Committee, you may secure a charitable estate-tax deduction for the value of the gift. Best of all, you will know that your generosity will support our mission for years to come.
Some helpful advantages of bequests include the following:

  • Bequests are flexible and easy to prepare for inclusion in your original will or trust, or as an amendment or codicil to your will or trust. We realize that wills and trusts are often reviewed by you to account for changes in your estate value, personal needs of you and loved ones, and your charitable interests.
  • Bequests may, and often do, establish lasting memorials in honor of the donor or family members.
  • Bequest gifts qualify for the unlimited estate tax charitable deduction, which means every single dollar is deductible for estate tax purposes.
  • Bequests of certain assets such as retirement plan benefits (IRAs, etc.) and U.S. Savings Bonds offer two significant tax advantages: avoidance of income tax for heirs and an unlimited estate tax charitable deduction.

Real Estate
Consider the real estate you may own: personal residence, vacation home, farmland, rental or investment property, commercial real estate, undeveloped land, inherited property, etc. Is it more than you care to own? Are you planning a move? Are you bothered by the headaches of managing or maintaining the property? If the real estate is sold, will you incur a significant capital gains tax due to highly appreciated value? Is the property earning you the income you expected?
Owning real estate brings responsibilities and challenges — and creates wants and needs, especially as your situation changes over time. Real estate gifts can help property owners meet their own needs as well as support the Iditarod Trail Committee.

Capital Gifts

  • Capital gifts are gifts that provide for renovating and maintaining ITC headquarters, major equipment purchases, or acquiring land and constructing new buildings and spaces.
  • Capital gifts are typically given for a specific purpose or project need.
  • Outright capital gifts entitle you to a charitable tax deduction in the year the gift is made.
  • You receive the satisfaction of providing a strong and stable future for the Iditarod Trail Committee.
Capital gifts are gifts that provide for renovating and maintaining ITC headquarters, major equipment purchases, or acquiring land and constructing new buildings and spaces.

 

Cash Gift

The easiest way for you to give a gift (by cash, check or credit card) has an immediate impact on the Iditarod Trail Committee and offers you an income tax deduction. You may earmark your gift for a specific project or purpose, or you may leave it unrestricted, which gives the ITC the greatest flexibility to respond to its specific needs.  To make an unrestricted gift using your credit card (American Express, Discover, Mastercard and Visa); simply complete our online gift form at the top of this page.  To send cash gifts by mail please make checks payable to Iditarod Trail Committee and mail to:

Iditarod Trail Committee
P.O. Box 870800
Wasilla, Alaska 99687

For More Information call 1-907-232-87301-907-232-8730

 The Iditarod Trail Committee is a 501 (c)(3) non profit organization.
Proceeds raised help support the Iditarod Trail Sled Dog Race.