Individual donors
Individual donors are essential to
MIFA’s success. Your gifts help us touch thousand of lives each year.
And you can trust that your dollars make a difference - 86% of every
dollar you give goes directly to MIFA’s programs.
Individuals
can support MIFA in a variety of ways: annual gifts, tribute gifts,
special campaigns, planned gifts, and in-kind gifts.
Thank you for considering a gift to MIFA. Your generosity allows us to help real people make real changes. If you would like to designate your gift to a specific program, please contact Dot Gilbertson at (901) 529-4503 or
dgilbertson@mifa.org.
Circle of Hope
Circle of Hope members are donors who give $1,000 or more annually.
Annual gifts of $5,000 or more are specially recognized as gifts of the
day. Circle of Hope members receive MIFA’s donor publications, as well
as access to other MIFA news.
Donate now or call Dot Gilbertson at 529-4503 to discuss your gift.
Stock gifts
You
may choose make an annual gift of stock. A gift of appreciated
securities can offer significant tax advantages. Transferring stock is
simple, but during the busy days of December, please allow us up to a
week to process your gift. You should always consult your financial
advisor before making gifts of stock. If your stock is held in a
brokerage account, please provide written instructions to your broker
to transfer the shares to the MIFA account listed below.
Brokerage Name: Morgan Keegan
MIFA Account Number: 50034685-1
MIFA Tax ID #: 62-0803601
MIFA DTC#: 780
Retirement plan gifts
Certain
individuals may also make an annual gift through a retirement account.
The Pension Protection Act of 2006 allows taxpayers over 70 ½ to make
tax-free distributions from their traditional and Roth IRAs directly to
MIFA. Please consult your financial adviser for
details.
Cornerstone of Hope
Cornerstone of Hope members are donors who make annual gifts between $250 and $999. Consider how much your gift makes possible.
$500 will proved five wheelchair ramps for home-bound seniors
$750 will provide one home-bound senior with six months of MIFA Meals on Wheels
$999 will restore utility service for five families in crisis
Donate now or call Thomas Robinson at 529-4571 to find out how you can help.
Tribute gifts
Tribute
gifts are a unique way of honoring family and friends. Make a
charitable donation to MIFA to commemorate special events such as
birthdays, weddings, anniversaries, achievements, and retirements.
Tributes also service as meaningful expressions of sympathy. You and
the individual you designate will receive an acknowledgment of your
contribution without reference to the amount.
Select your MIFA tribute today!
Special campaign gifts
Throughout the year, MIFA
organizes several special campaigns to support our programs. March for
Meals provides much-needed support for our MIFA Meals on Wheels program,
which delivers approximately 2,300 meals to seniors daily. Other
special campaigns include
No-Go Gala in the spring,
holiday cards, and special events such as
Feed the Soul. Look for information on these special campaigns in your mailbox or on our website.
Lifetime giving
MIFA donors whose cumulative lifetime
giving reaches the Benefactor level are members of our Benefactors
Circle. These generous donors are recognized with plaques in the
Norfleet Center of Philanthropy.
Planned gifts
There are a number of ways to leave a legacy to MIFA.
Giving through your will
Having
provided for your loved ones, you may name MIFA as a beneficiary in your
will. You may choose a Specific Bequest (you designate a specific
dollar amount, specific percentage, or specific property); Residual
Bequest (after all debts, taxes, and specific bequests the remaining
amount will be transferred to MIFA); Contingent Bequest (you can ask
that MIFA receive all or a portion of your estate under certain
circumstances).
To make a bequest to MIFA, the following language will be helpful to your attorney:
“I
give, devise, and bequeath to the Metropolitan Inter-Faith Association
(MIFA) located at 910 Vance Ave., Memphis, TN 38126, the sum of
_____(or otherwise describe the gift of property or some other tangible
asset).”
If you have already included MIFA in your will or
estate plan, please contact us. We realize that by making this special
gift, you consider MIFA to be part of your family, and we want to keep
you informed as to how your gift will be used and provide the
opportunity for you to express your wishes.
Giving through life insurance
One
of the simplest ways to make a significant contribution to MIFA is to
give a life insurance policy to MIFA. You may give an existing policy
that you no longer need, take out a new policy, or name MIFA as a
beneficiary. This gift may provide valuable income and estate tax
savings.
Giving though charitable trusts
A charitable remainder trust (CRT) allows you to establish a trust for
the ultimate benefit of MIFA, while retaining the income generated by
the assets. A CRT may help you eliminate capital gains taxes, reduce or
eliminate estate taxes, improve lifetime cash flow, and provide for
your heirs.
These are important decisions that require careful consideration. Please contact your attorney or financial adviser.
Donor privacy policy
MIFA (Metropolitan Inter-Faith Association) places the highest priority on protecting the privacy of our donors and volunteers and holds all information in strict confidence. Donor/volunteer information is never traded, sold, or rented.
If at any time you wish to be removed from any of our communications lists or if you have other questions or concerns, simply contact the Development office by phone at (901) 529 - 4502.