Contribute Your Way

No gift is too small! The Business, Arts, and Recreation Center is a 501(c)3 nonprofit organization as determined by the Internal Revenue Service. Your donation may be tax-deductible. Check with a professional tax preparer for all tax-related questions.

Send a Gift Today

Any amount is appreciated. Gifts can be donated to a specific project or for general operations. 

 

Utilities-For-A-Day 

Previously known as Heat-For-a-Day, Utilities-For-a-Day allows you to adopt the cost of heating/cooling and electricity for any day of the year! Donate $100 or more and choose a date. You can dedicate your day to a loved one or a favorite social group. We’ll want to thank you (and them) on our Facebook page and outdoor LED sign. Please, let us know if you do not want your name publicized. 

 

Honoring Gift  

An honoring gift is a perfect device to show how much you care. When your gift is received, a card is promptly sent to the person honored telling them that you have honored them with a donation.

Memorial Gift 

A memorial donation conveys not only love and respect to a bereaved family, but also a desire to see the memory of a loved one live on.  Memorial cards are available in the BARC office. When your memorial is received, a card is promptly sent to the honoree’s family telling them their loved one has been remembered in this way. 

Memorial Butterfly Garden

A memorial or honoring gift of $200 or more will add a name or class to a weatherproof plaque in our Memorial Butterfly Garden located in the northwest section of the BARC property.

Memorial Rose Garden

A memorial or honoring gift of $250 or more will add a name or class to a weatherproof plaque on the eagle statue in our Memorial Rose Garden located in the east section of the BARC property.

Charitable Bequest Provision

This is an effective way to make a planned gift in your will or estate plan. Working with your adviser, you can direct that a portion of your estate be donated to BARC for general operating or designated gift. Contact the BARC Office for more information.

 

Charitable Gift Annuity

This will allow you to use cash or stock to make a gift, receive an immediate tax deduction for the value of the gift, and receive a guaranteed lifetime income for you and/or another person.  When appreciated securities are used to fund your gift, a portion of the capital gains will be bypassed and the remainder will be prorated during the life of the contract. As a result, a portion of the income will be tax-free, another portion will be taxed at capital gains rates, and a third portion will be taxed at ordinary income rates. Contact the BARC Office for more information.

 

Charitable IRA Rollover

Contact the BARC Office for more information. There several rollover options: 

  • A charitable distribution counts toward minimum required distributions.

  • A transfer generates neither taxable income nor a tax deduction, so even those who do not itemize their tax returns receive the benefit.

  • A transfer may be made in addition to any other charitable giving you have planned.

  • You may transfer any amount up to $100,000 per year directly from your IRA. 

Life Estate Agreement

With this option, a donor may transfer the title of their home, farm, or other property to BARC and receive a tax deduction for the full fair market value of the property while continuing to live on or use the property for the rest of their life.  With such an agreement, the donor is entitled to any income the property produces and is responsible for all upkeep and taxes that may apply. At the time of death, BARC would liquidate the property and use the proceeds to help fund programs and services. Contact the BARC Office for more information.

 

Living Trust

Property left through a will generally goes through probate, causing survivors delay and expense.  When you make a living trust – a device in which you hold property as a “trustee” – your surviving family members can transfer your property quickly and easily, without probate.  To create a basic living trust, you make a document called a declaration of trust, similar to a will. Contact the BARC Office for more information.

 

Land Gift

When you consider a donation of farmland, please designate if you want the property liquidated as a contribution or to continue as farmland to be managed by BARC. There are a variety of ways to make a donation of your farmland, from a bequest (in your will) to a gift now with a reserved life estate. The gift with a reserved life estate is “an irrevocable gift, with the donor paying input costs such as property taxes and insurance and receiving the income” during their lifetime. Contact the BARC Office for more information.

 

Gifts of Commodity (Grain)

By giving grain to BARC, you avoid including the sale of the grain in your farm income. Although a charitable income tax deduction is generally not available to you, the avoidance of declaring it as income is a significant benefit. You deduct the cost of growing the crops which typically results in saving self-employment tax. You can benefit even if you don’t itemize your deductions and take the standard deduction. Contact the BARC Office for more information.

BARC of Windom, MN

© 2020 by EC Media. BARC of Windom. 1012 5th Ave, Windom, MN 56101.  (507) 831-2375

1012 5th Avenue

PO Box 123

Windom, MN 56101

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