Donating to the EAA Types of Donations
CASH
For income tax purposes, your gift or pledge payments are tax
deductible to the full extent allowed by the law. Please consult
your tax advisor. Gifts or pledge payments may be made by cash,
check, or credit card.
PLEDGES
Pledges may be made to the Association in support of our current
fundraising campaigns. Pledges traditionally extend over a two to
three-year period. Using a pledge form, you may specify the length
of the pledge period, the frequency of payments, and the method of
payment.
Pledge payments may be made in cash, check, credit card, or via
appreciated securities.
TRIBUTE GIFTS
Individuals and organizations may want to give tribute gifts to
the Association to commemorate events such as anniversaries,
graduations, or to memorialize a friend or loved one who has passed
away. After receiving a tribute gift, the Association sends the
honored individual, or family of the deceased, a tribute card.
Tribute donations are made online or through the mail. If this gift
is time- sensitive, please make this donation over the phone by
calling the Association directly.
STOCK GIFTS/APPRECIATED SECURITIES
The Association accepts gifts of stock or appreciated securities,
whether as a transfer from a portfolio or investment in a
corporation.
If you are interested in supporting the Association with a gift
of stock, please meet with your financial advisor to select the
best method for your donation. You may achieve significant tax
savings by making a gift or pledge payment of stocks or other
capital assets that have appreciated in value.
PLANNED GIVING/ENDOWMENT
Donors may wish to consider giving through such vehicles as life
insurance, bequests, testamentary gifts, charitable trusts,
partnership opportunities, or named endowments. Planned giving can
be an ideal way to leave a legacy to the Association and to
minimize your income, gift, and estate taxes. We encourage you to
speak with your legal and/or tax advisor when considering any type
of planned gift.
MATCHING GIFTS
Many businesses meet their philanthropic goals by contributing to
causes their employees support. An employer with a matching gift
program may contribute an equal amount or more when an employee
makes a donation to a public benefit organization such as the
Electric Auto Association. Check with your employer to determine
whether the EAA qualifies for such a program.
CORPORATE GIFTS/IN-KIND GIFTS
Through contributions of in-kind donations and cash grants,
corporations of all kinds and sizes have been instrumental at
earlier stages of our existence.
Cash gifts can be given to support the Association's general
operation costs or for special gift opportunities. See the Special
Funds section below.
In-kind gifts to the Association have included donations of
equipment, software, and professional services.
You may achieve significant tax savings by making a gift or
pledge payment of stocks or other capital assets.
All donations made to the Electric Auto Association are tax
deductible.
For further information, please contact [email protected].
DONOR RECOGNITION CATEGORIES
Opportunities for Participating:
Founding Partners: $1,000 +
Leadership Partners: $500 to $999
Sponsoring Partners: $100 to $499
Friends: $1 to $99
These recognition categories apply to the EAA General Fund, as
well as to EAA Special Funds that the EAA Board of Directors may establish.
SPECIAL FUNDS
Donors may contribute to the EAA General Fund, to be used for EAA
public benefit purposes as determined by the EAA Board of
Directors.
Contributions not otherwise designated will be credited to the
EAA General Fund. The General Fund may be used for normal EAA
operations, or for other purposes as determined by the EAA Board of
Directors.
The EAA Board of Directors may set up Special Funds for
specifically identified projects. Such public benefit projects in
support of the Association's mission may be limited in scope or
geographical area.
However, donations to the General Fund are always strongly
encouraged.
Special Funds are established to target specific projects and
goals, and donors with a particular interest in these projects and
goals are encouraged to contribute to the Special Funds that are
available.
Any donor with a particular interest in a goal or project that
has not been previously established is encouraged to propose
establishment of a new Special Fund in writing to the Board of
Directors. Please send your proposal to [email protected].
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