Annual charitable giving for the Prince Hall Masonic Family has just become easier. In addition to having the opportunity to support the Masonic programs as you have in the past, you now enjoy the freedom of making contributions thru the Grand Lodge Website.
The Most Worshipful Union Grand Lodge Foundation
continues to support education through scholarships and
making charitable contributions to various major related
charities, such as Breast Cancer, Heart Disease and
Sickle Cell. These programs ensure that students may
further benefit from teachings at our institutes of
higher learning and that continuous research can be done
to find cures for the diseases that plague our society.
Please support the foundation by donating today or any
time you see fit on our website.
The Most Worshipful
Union Grand Lodge Foundation is a 501 (c) 3
HOW TO SUPPORT THE
People can share in the charitable giving of the
Foundation by making a financial commitment in any of
the following ways.
- By an immediate gift of money or
promise of installments over a period of time.
- By a
promise of a bequest of money or property.
and donations made to the Foundation's are
HOW TO CONTACT THE FOUNDATION
For further information about any aspects of The Most
Worshipful Union Grand Lodge Foundation, please contact:
John M. Grayson, CPA, MBA
Tallahassee, Florida 32303
Types of Giving:
- Gifts of cash are the easiest
gifts to make. Cash gifts may offer direct tax benefits.
Gifts of cash to any the Foundation are deductible up to
50 % of your adjusted gross income with a five year
carryover for any "excess" deduction amounts.
- Donating a life insurance policy (either paid up or one
on which the donor is still paying premiums) that the
donor no longer requires for its original purpose is a
generous and convenient way to make a gift to a Masonic
charity. The donor's income tax deduction is roughly
equal to the cash surrender value of the policy. In
addition, some donors prefer to donate annually an
amount equal to the premiums for life insurance. The
designated Masonic Charity then takes out a new policy
on the donor's life, naming the Masonic charity as the
beneficiary. Income tax benefits can result from this
gift which may provide for a larger gift than might
otherwise be possible.
If a donor wishes to use life
insurance to fund a life income plan - either now or in
the future - one option is to invest the cash value of
the life insurance policy in a charitable gift annuity.
- A gift of real estate, especially a gift of a principal
residence or vacation residence, may be an attractive
way of making a substantial donation to one of the
Masonic charities. Many of the same benefits provided
for gifts of appreciated securities, such as a deduction
based on the fair market value of the property and
avoidance of any capital gains, are available for
appreciated real estate. Donors may give the entire
property or a fractional interest in real estate to a
Masonic charity. Gifts of real estate are subject to
specific policy guidelines.
My Level of Giving for this year is (please select one):