Get the free Gifts of Sharing form

AP RI L 2009 S P R I N G N E WS LE T E R 2 0 0 9 PAGE 7 GIFTS OF SHARING This year bring more meaning and inspiration to your gift giving. Christmas Birthdays Anniversaries Graduations Memorials Donate

How to fill out gifts of sharing form

How to fill out gifts of sharing form?

1. Start by obtaining a gifts of sharing form from the appropriate organization or institution. This form is typically provided by estate planning attorneys or financial advisors.
2. Begin by providing your personal information, including your full name, address, and contact details. Make sure to fill out this section accurately and legibly.
3. Next, indicate the type of gift you are sharing. This could include monetary donations, property, stocks, bonds, or other valuable assets. Specify the exact details of the gift, such as the amount or a brief description of the property.
4. If you are donating a monetary gift, include a check or provide information on how the funds will be transferred. If donating non-monetary assets, provide relevant documents such as property deeds or stock certificates.
5. Indicate whether the gift is a one-time donation or if it will be given periodically or in installments. This information helps the organization plan and allocate resources more effectively.
6. If you wish to allocate your gift to a specific cause or program within the organization, indicate your preference on the form. This ensures your donation directly supports the area you feel passionate about.
7. Consider adding any additional instructions or comments related to your gift. For example, if you would like your donation to remain anonymous or if you have any specific wishes regarding the use of your gift, include these details in the appropriate section.

Who needs gifts of sharing form?

1. Individuals who wish to make charitable contributions or donations to organizations or institutions usually need to fill out gifts of sharing forms. This includes individuals who want to support nonprofit organizations, educational institutions, religious organizations, or other charitable causes.
2. People who want to establish a legacy or leave a lasting impact through their donations often utilize gifts of sharing forms. It allows them to articulate their philanthropic goals and preferences effectively.
3. Those who want to receive the tax benefits associated with charitable giving also need to complete gifts of sharing forms. By documenting their donations through these forms, individuals can ensure they are eligible for any applicable tax deductions or exemptions.

In summary, filling out a gifts of sharing form involves providing personal information, specifying the type of gift, indicating the frequency or installment options, designating a specific cause, and adding any additional instructions or preferences. These forms are typically required by individuals who wish to make charitable donations and want to ensure their contributions are properly documented.

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