Click here to e-mail us or call 313 881-6565 to discuss giving options.
There is a new way to give to the Grosse Pointe Shores Improvement Foundation. At no cost to you, you can participate in the Kroger Community Rewards Program. Just click here to see how.
Gifts of all kinds and sizes are welcomed and appreciated by the Foundation. The GPSIF has a variety of ways for donors to contribute to the Foundation. Giving may be through membership dues, volunteer efforts, endowment fund donations, the Brick program, cash donations, bequests, memorials or other gifts. Do your part to help beautify our city; contact us and make a special donation! Your contribution to this 501 (C)(3) charity is tax deductible. GPSIF Tax ID: 38-2560445
With a memorial or honorary gift, you recognize someone who has been important to you and you help GPSIF provide community improvements that future generations will enjoy.
For gifts made in Memory of, or In Honor of someone, please provide the name and address of the honoree's family for acknowledgement. The amount of the gift will not be shown in the acknowledgement unless you specifically request that we include it.
The William and Nena Dahling Endowment Fund
Contributions to the Grosse Pointe Shores Improvement Foundation Endowment Fund represent an investment in the present and future enjoyment of our community. The Endowment Fund contributions substantially increase the ability of the Foundation Trustees to successfully support future improvements. The Endowment Investment Guideline contains investment objectives, asset types and allocations, and a distribution plan for how endowment funds may be used to support Foundation activities. Foundation activities are principally, but not exclusively, to enhance completed projects or fund new projects or maintain existing projects. Endowment funds may be distributed for Foundation activities whenever the endowment balance exceeds a "permanently restricted" minimum value .
Buy a Brick - Help improve our Park
GPSIF continues to sell commemorative bricks to enhance the municipal park walkway. For more information, contact the office at 313-881-6565 or email us by clicking here.
Stocks, Bonds & MutualFunds
Giving highly appreciated publicly-traded securities is a "tax-smart" way to accomplish charitable giving goals. Donors avoid capital gains taxes on the appreciated value and receive a charitable deduction for the full market value of the stocks or mutual funds. Contact your Financial Advisor for details.
A gift of property can yield significant tax savings. Donors avoid capital gains tax and receive a charitable deduction of the fair market value. All gifts of property must meet GPSIF gift acceptance guidelines.
Tangible Personal Property
GPSIF accepts gifts of tangible property (e.g. art, antiques, rare books, jewelry, gems, collections, etc.). Some restrictions apply and gifts valued at more than $5,000 require an independent appraisal.
Gifts of life insurance enable donors to make a future major gift to the Foundation at a relatively modest cost. Donors may name the Foundation as the owner and beneficiary of existing policies that they no longer need. Alternatively, donors may purchase new policies and name the GPSIF as the owner and beneficiary. Donors are entitled to a federal income tax deduction for the cash surrender value in the year the gift is made.
Qualified Retirement Plan Assets
Retirement plan assets (such as IRAs) can make excellent charitable gifts. Qualified retirement plans enjoy favorable tax treatment prior to retirement but are severely taxed at the death of the plan participant. Qualified plans may be subject to income tax, estate tax, and an excess accumulation tax, which can total 80 percent or more. In many cases, it may be advantageous to leave other assets to heirs and to name the Foundation as the beneficiary of the retirement plan. Estate tax and income tax can be avoided if the plan participant makes a gift to charity at the death by beneficiary designation. Contact your Financial Advisor for details.
A charitable bequest is one of the easiest ways to make a significant lasting gift to the community. A bequest to the Foundation can be easily made through a simple designation in a will or trust. A charitable bequest can dramatically reduce estate and inheritance taxes and may generate tax savings that can be passed to your heirs. Please contact your estate planner or financial advisor for details.