Direct Donation

Via Paypal

Username: @HopeAssociationME

Please click “Donate” then indicate in the “write a note” section the reason you are giving today. (e.g. Membership, Annual Appeal, Wreath of Hope, etc.)

Via Check

Please make checks payable to:

Hope Association
85 Lincoln Avenue
Rumford, ME 04276

 

Please click “Donate” then indicate in the “write a note” section the reason you are giving today. (e.g. Membership, Annual Appeal, Wreath of Hope, etc.)

Gifts In Kind

Through generous hearts of our community we have received gifts in kind from many different sources over the years. For example, in the summer of 2010 a new gazebo was built at our New Hope residence. Participants in this project were Harry Powers, Jimmy Clark, Stella Blanchard, Andy Blanchard, and Zach Thomas. 

Gifts from Your Will Bequests

Through a provision in your written and executed will or living trust you can make a gift to Hope Association in the form of cash, securities, real estate, or personal property. There are many types of bequests. Consult with your attorney to choose the one that best fits your needs and intentions. 

Life Income Gifts

Charitable Gift Annuities

You can turn under-performing assets (cash, stock, CDs, saving bonds, etc.) into a gift to Hope Association that provides income to you or you and a loved one. Your Charitable Gift Annuity will return fixed, quarterly payments for life and provide tax benefits, too. 

Charitable IRA Rollover

Make a Tax-Free Gift from Your IRA

If you are 70 ½ or older, each year you can instruct your IRA administrator to transfer up to $100,000 directly to Hope Association and avoid paying the tax had you taken it as income.

 

Note: Under the SECURE (Setting Every Community Up for Retirement Enhancement) Act, signed into law on December 20, 2019, individuals who will turn 70 ½ (born on or after July 1, 1949) in 2020 or later may wait until age 72 to begin taking required distributions. Nevertheless, as long as they are age 70 ½ or older, they may still qualify to make a tax-free gift from their IRA.

Gifts of Real Property

Real Estate and Other Valuables

Like stock, the fair market value of gifts of appreciated assets such as real estate, artwork, and other well-curated collections can be deducted from your income tax today, avoid capital gains, and reduce estate taxes in the future. There are even ways to donate your home and live there as long as you would like.

Donor Advised Funds

Name Hope Association as a beneficiary of your donor advised fund. Designate Hope Association to receive all or a portion of the balance of your fund through your fund administrator (you can also make a grant to us at any time from your donor advised fund). The balance in your fund passes to Hope association when the fund terminates.

Gifts Through Trusts

Charitable Remainder Trusts provide you income from an asset that then passes to Hope Association as a gift. Charitable Lead Trusts provide income to Hope Association before the asset passes to your heirs. For the savvy donor, charitable trusts can provide tax-advantaged income, eliminate capital gains, or preserve assets for your heirs.

If you have additional questions or would like to speak with someone about your donation, contact 

Miki Skehan, Executive Director at Phone: 207-507-2020 Email: ed@hopeassociation.org 

Fawn Palmer, Financial Coordinator at Phone:207-507-2023 Email: finances@hopeassociation.org