Other ways to give
DONATE BY PHONE OR MAIL
If you would like to make a donation via mail or fax, complete this printable form to mail or fax your donation.
3310 Commerce Drive, Augusta, GA 30909
If you would like to make a credit card donation by phone, contact us at 706-736-1199.
Many companies have programs through which they will “match” the charitable contributions made by their employees. Through corporate gift matching, your employer can multiply your gift to Golden Harvest, making it go further.
Check with your company’s human resources office to see if they offer gift matching. (If they don’t, you may want to ask your company to start one.) If your employer does offer this program, your Human Resources department should provide you with a matching gift form to send to Golden Harvest along with your donation. Complete this form and mail it with your donation to:
Golden Harvest Food Bank
3310 Commerce Drive
Augusta, GA 30909
DONATE APPRECIATED STOCK OR MUTUAL FUNDS
While cash donations are always appreciated, a donation of appreciated stock or shares in a mutual fund often provide added tax benefits to the donor.
How It Works
Let’s say you have 10 shares of a stock or mutual fund that you purchased ten years ago for $100 at a total cost of $1,000 (10 x 100).
Today that stock is worth $500, meaning your ten shares are now worth $5,000. Nice investment!
You now have two options:
1. Sell the stock
2. Donate the stock
If you sell the stock, you will owe capital gains tax on the $4,000 you have earned in profit (about $1,190). After the sale, your take home profit comes to $2,810.
If you donate your shares to Golden Harvest, you will receive a tax deduction for the full value of the shares transferred ($5,000). Additionally, you will never have to pay the capital gains tax on the $4,000 you earned in profit. A “double” tax deduction!
In other words, you receive a $5,000 tax deduction, avoid paying the $1,190 in capital gains tax, and make a $5,000 donation to feed the hungry!
LEAVE A LEGACY OF FEEDING LIVES
After their own needs for living essentials and emergencies have been taken care of, many donors prefer to donate what is left over at the end of their life to help feed the hungry. Legacy gifts like these are critical to furthering our mission at Golden Harvest, because they are typically earmarked to advance the long term stability of our organization and programs.
We encourage our donors to work with our team of financial and legal experts, in coordination with your professional advisors, to put in place a gifting strategy that provides you with the income you need while leaving any surplus to feed the hungry.
Some specific strategies that we are happy to help you implement – or simply provide you education on include:
• Naming a portion of your IRA, 401k or 403b money to go to Golden Harvest Food Bank, saving your heirs taxes of up to 90% of the amount they would have received.
• Utilizing Charitable Remainder Trusts to convert an appreciated asset into a tax favored income stream.
• Leveraging your current cash flow to provide a substantial lump sum at your death to Golden Harvest Food Bank by use of life insurance policies.
• Using a Charitable Lead Trust to provide income to feed the hungry today, while having the proceeds of the trust disbursed to your spouse or heirs so that they may use the capital in the future.