Charitable contributions received from individuals, corporations and foundations are essential to Hozhoni's goal of providing the highest quality services to people with disabilities. The funding provided by Medicaid and other contracting agencies only provide for the minimum requirements of daily living for those served. Many times services as basic as dental care are only made possible through the generosity of benefactors.Hozhoni is an approved Arizona State Charitable Organization. You may give up to $400 as an individual or $800 as a married couple and receive a dollar for dollar credit against your Arizona state taxes. Please consult your tax professional for more information.
There are many gift options that will enable you to help Hozhoni create life-changing opportunities for people with disabilities:
Cash gifts are usually given in the form of a check, and are the most popular and simplest type of gift to Hozhoni. You may claim an income tax deduction for the full value of your cash gift up to 50% of your adjusted gross income. If you are unable to use your entire deduction in any one year, you may carry over and deduct the excess into the following five years. Please consult your tax professional.
Please make checks payable to: Hozhoni Foundation, Inc., 2133 N. Walgreen St., Flagstaff, AZ 86004.
BEQUESTS / YOUR WILL
Many loyal friends have found that a bequest is a relatively easy way to make a significant investment in the future of our mission.
Residuary Bequest: You bequeath a specified percentage or all of the assets remaining in your estate after other expenses and bequests have been paid.
Contingent Bequest: You direct that a specific amount or a percentage of your estate be paid to Hozhoni, only if your other beneficiary(ies) does not survive you.
Reminder Trust: Through your will or living trust, you allow one or more named beneficiaries to receive income for life or for a term of years, after which time the trust assets revert to Hozhoni.
Charitable Lead Trust: Through your will, you provide income to Hozhoni for a specified number of years, after which the trust assets revert to your heirs. This plan provides a uniquely advantageous way to pass on assets to heirs and significantly reduce estate taxes.
Life Insurance: Life Insurance makes an excellent charitable gift. You can give a life insurance policy no longer needed for its original purpose - bought, for example, to protect children now independent, or for a business now prosperous and secure. By naming Hozhoni as a beneficiary for all or a portion of an existing policy, you retain ownership and still have access to the policy's cash value. A new insurance policy established in Hozhoni's name enables you to make a significant gift for a relatively modest annual outlay. Premiums, payable over a fixed number of years or in a single payment, are tax deductible.
The information provided is for general educational purposes only. For advice and assistance in specific cases Hozhoni recommends that you seek the services of a legal or financial advisor.
STOCKS & SECURITIES
Hozhoni gratefully welcomes gifts in all forms, but it is useful for you to consider a number of factors when deciding how best to make your charitable gift. Balancing the following considerations can help ensure that your gift complements your overall financial picture.
You may decide to give securities, including stocks, bonds, and mutual funds that have appreciated in value. Gifts of listed stocks, bonds or other publicly traded securities held for more than one year provide you with a double tax benefit. First, you avoid capital gains tax on the increased value of the securities. What's more, you receive a charitable income tax deduction for the full fair market value of the securities.
CORPORATE AND FOUNDATION GIFTS
If you are a corporate or foundation representative and would like more information about matching your priorities and interests with opportunities and resources at Hozhoni, please e-mail or call the CFO at 928-526-7944.
© 2001 Hozhoni Foundation, Inc.