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The Bulldog Club of America Charitable Fund, Inc. |
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Who We Are The Bulldog Club of America CHARITABLE
FUND, Inc. (Fund) is a non-profit organization dedicated to obtain funding in
support of Bulldog Health Research. The Fund acknowledges that the owners and
advocates of the Bulldog are all important ingredients in attaining future
success. Background The Fund
obtained a tax-exempt status in early 2000. We embarked on a fund raising
activity to fund health enhancing research programs for the benefit of the
Bulldog breed. It is our intention to engage in health research activities
primarily through The American Kennel Club Canine Health Foundation (CHF).
The CHF has established a very capable team of canine veterinarians and
scientists skilled in establishing contracts with canine research groups and
to then monitor and report the results. The CHF also has a matching funds
program that doubles the money that the Fund provides for a specific study.
As of mid 2004, the Fund has committed more than $21,800 for three studies:
Pyometra, Cystinuria and most recently, Thyroid. The former are currently
nearing study completion. How You Can Help The effectiveness of the Fund activity, whether for the General Fund or Rescue activity, is directly proportional to the funds raised. The following are suggested types of donations: • Direct cash gifts. A donor may use a check or VISA/MasterCard to make
tax-exempt donations of any size to the Fund. For a donation of $250 or more,
the Fund offers an optional silver Angel Pin that has a value of $75.
Acceptance of the pin reduces the donation tax exemption by the $75 value of
the gift. • Donations in honor or memory. Gifts in honor or memory for a deceased Bulldog, friend or family member will result in recognition by the Fund in the BCA publication, The Bulldogger. The Fund also sends an acknowledgement letter to the beneficiary of the donation. • Direct gifts of goods and property. A donor may offer property ranging from real estate to fine Bulldog art and memorabilia. The donor must establish the value of the gifted property and may claim a federal tax deduction in the current year of donation, within IRS limitations. The IRS requires the donor to obtain a certified appraisal of such property, if valued in excess of $5,000. Note: acceptance of goods and property is at the discretion of the Fund. • Direct gifts of appreciated securities. This method conserves the donor’s cash while helping to avoid capital gains tax on the sale of appreciated securities. You may deduct the market value of the securities (determined at the time of the gift) on your current-year tax return. • Direct gifts of life insurance. If you have a life insurance policy that is no
longer required, transferring the policy to the Fund may provide benefits for
both the donor and the Fund. The Fund will ultimately collect the policy
value and the donor may be entitled to an income tax deduction in the amount
of the policy’s value. • Charitable remainder trusts. There are two types of this method; Uni-trust and Annuity trust: · Uni-trust. This technique allows the donor to make a charitable contribution of assets (property or securities) into a trust in which the assets may be sold by the trust without incurring tax liability. The donor may receive an income stream from the trust during the remainder of his or her lifetime (or for a specified period) and receives a current income tax deduction based on the present value of the future benefits to the Fund. The donor may add additional money to the trust. The Fund receives the assets in the trust, usually at the distribution of the estate, or after a specified length of time. · Annuity trust. In this arrangement, the Fund establishes an annuity that promises to pay the donor a constant income stream in exchange for the charitable gift. A portion of the value of the gifted assets is tax deductible to the donor. • BCA Division & Member Clubs. Encourage your friends and your Bulldog club to support this worthy cause. Consider the following measures to help build the BCA CHARITABLE FUND treasury: · Add a $1 fee per entry to your Specialty Shows entry fees for payment to the Fund. · Provide Certificate Awards (provided by the Fund) in lieu of trophies at one out of every two or three Specialty Shows. All, or a portion, of the trophy donations are sent to the Fund.c. Hold an auction, raffle or other type fundraiser at your club meetings or annual Specialty Show with the proceeds going to the Fund. · Hold an auction, raffle or other type fundraiser at your club meetings or annual Specialty Show with the proceeds going to the Fund. For Donor Giving The BCA CHARITABLE FUND has been
established at the request of the BCA parent organization for the betterment
of our Bulldog breed. All donations are tax-exempt. The Fund will provide
tax-exempt recognition for donations of $25 value, or larger. Employer
matching funds, if available may double your donation to this worthy cause. BCA CHARITABLE FUND The cardholders name, card number and date of expiration must accompany VISA or MASTERCARD Credit Cards donations. Click here for a donor form. All Other Donation Offers are to be coordinated with Jerry Kloop, Fund
Treasurer, 1527 Forever Ave., Libertyville, IL. 60048 A donor may also give up to $10,000 per year without tax consequences. Several of the above donation methods are useful in estate size reduction, should you have a concern with excessive future estate taxes. A tax attorney should be consulted for any large donation. Screen Saver CD of the BCA National
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