| While cash gifts are the most popular, there are other creative and exciting strategies available that can provide you with increased income and tax benefits in addition to supporting Covenant House Pennsylvania. Some techniques, such as our life income programs, may allow you to make a larger gift at a lower cost and receive unexpected benefits for you and your family.
Pledges:
For gifts to Living the Covenant, your pledge can be made over several years. You can use a Letter of Intent to express your chosen installment schedule. For most individuals, each payment on your pledge is deductible in the year it is paid.
Securities:
Appreciated property provides a great gift opportunity. Capital gains tax can be avoided when appreciated securities or real estate are contributed to CHPA. Have your broker call 212-727-4110 or the Executive Director Jerome Kilbane at 215-923-8350 ext. 2112.
Bequest:
Make a bequest and include CHPA in your Will or name CHPA as a beneficiary or successor beneficiary of a portion of your estate. Your bequest can be a specific dollar amount, a specific asset such as personal property, real estate or securities, or a percentage of your gross estate or residual estate. Your gift would entitle your estate to a tax deduction for the full value of those assets bequeathed to Covenant House Pennsylvania. Tell us about your intentions and we will enroll you in the Cornerstone Society.
For information about donations and support for Covenant House Pennsylvania, please contact Zach Wood, Development Associate, 215-923-8350 or zwood@covenanthousepa.org
Covenant House Pennsylvania is a tax-exempt public charity, as defined
by the Internal Revenue Service. Your gift to Covenant House Pennsylvania
qualifies as a charitable deduction for federal tax purposes as permitted
by law.
The official registration and financial information for CHPA-under21
may be obtained from the PA Dept. of State by calling toll free,
within Pennsylvania, 1-800-732-0999. Registration does not imply
endorsement.
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