As
a non-profit organization, Helping Hands Hawai'i relies on a number
of sources for its operating revenues. In addition to the Aloha United
Way, state agencies, and local and national government, private and
corporate foundation gifts play a significant role in our ongoing success.
The value of each contribution to Helping Hands Hawai'i, whether it is made
in dollars or time in service, is multiplied by the proficiency of its staff.
92% of every charitable dollar received goes directly to program funding, not
to administrative costs. With over 70 full-time and 60 part-time employees,
3,750 volunteers who log nearly 140,000 hours annually, and an operating budget
of just over $6 million, Helping Hands Hawai'i serves more than 250,000 families
and individuals through some 700 human service agencies across Oahu.
No matter which form of planned giving you choose, your charitable gift to
Helping Hands Hawai'i will impact our community now and for generations to
come. Because you care, you can help to foster new levels of human opportunity
and achievement and, by doing so, infuse the entire spectrum of Helping Hands
Hawai'i with your singular imprint.
The charitable gift you make today will help to complete the circle of concern
fostered by Helping Hands Hawai'i ensuring that our community and its people
remain united in both purpose and promise.
Hands
that complete a circle of concern.
With a mission to connect individuals, families, and organizations with available
resources, both human and material, Helping Hands Hawai'i's programs and services
embody, at their very core, the ideal of a shared responsibility within our
community. Founded on the principles of ohana, or family, Helping Hands Hawai'i
is built upon a solid foundation of charitable giving. This sharing of resources,
especially from private, corporate and
foundation gifts is at the heart of our ongoing success.
Hands that create a lasting legacy.
Your charitable donation to Helping Hands Hawai'i is not only a direct demonstration
of your empathy and concern, it is an investment in our community… a
way of ensuring that your generosity continues to have a positive and enduring
effect on our organization, its work, and ultimately the very quality of life
across Hawai'i.
Incorporated in 1974, Helping Hands Hawai'i evolved from the establishment
of the Honolulu Council of Social Agencies' Volunteer Placement Bureau in 1941.
One of the most cost-efficient and effective non-profit agencies in the State,
Helping Hands Hawai'i acts as a liaison between all sectors of the community,
matching human need to the delivery of human services. Through this unique
management style, Helping Hands Hawai'i brings people together in service to
Hawai'i's community at large, administering a group of interrelated programs
that provide a comprehensive approach to solving a myriad of social problems.
In addition, Helping Hands Hawai'i facilitates numerous other projects, including
the Honolulu Advertiser's Christmas Fund, the Honolulu Star Bulletin's Good
Neighbor Fund, the Adopt-a-Family Program, and the Baby Layette Project, which
assists new mothers by providing the basic items for a newborn child.
Planning your gift to Helping Hands Hawai'i is the best way to provide for
ongoing funding for our activities, to gain important financial benefits for
you or your family, and to fulfill your charitable goals. The following "menu" outlines
the specific areas through which your tax-deductible contributions to Helping
Hands Hawai'i may be directed.
They provide unique charitable giving opportunities for the commemoration of
your own name or that of a loved one, family, organization or corporation.
Hands that plan for tomorrow.
- Bequests
You can name Helping Hands Hawai'i as a beneficiary under your will in several
ways: as the recipient of an outright gift, either in a designated amount
or as a percentage of your estate; or as a residuary beneficiary to receive
sums after specific amounts have been paid to other beneficiaries. Adding
Helping Hands Hawai'i to your will can be simply accomplished through
a codicil without rewriting your entire will.
- Real
Estate
Your residence, vacation home, acreage (including a farm) or unimproved parcel
of land may have appreciated so significantly in value that its sale would
generate a substantial income tax. By making a gift of a full or partial
interest in real estate to Helping Hands Hawai'i, you can avoid tax on the
long-term capital gain and generate an income tax charitable deduction for
the full fair market value of the property. It is also possible to make a
gift of your primary residence or second home while retaining an exclusive
life estate so that you (and your spouse) can continue to use it for the
remainder of your lifetime(s) while earning significant tax and estate planning
benefits.
- Life
Insurance
A gift of life insurance can provide a meaningful charitable deduction. By
transferring your policy to Helping Hands Hawai'i as owner and beneficiary
while remaining the insured, you can deduct the cash value of the policy
as a charitable gift. You may make annual gifts to Helping Hands Hawai' which
will be used to pay the policy premiums, and you can deduct these gifts for
income tax purposes.
- Charitable
Gift Annuity
This is not a trust, but a contract between you and Helping Hands Hawai'i
through which the organization pays you (or any other designated individual)
an annuity in exchange for your contribution. The annuity is in a fixed dollar
amount and depends upon the age(s) of the annuitant(s) when the plan is purchased.
An income tax charitable deduction applies for a portion of the purchase
price and an additional savings is earned on capital gains taxes if appreciated
securities are used to fund the plan. A portion of each annuity payment is
made to you tax-free.
- Charitable
Remainder Unitrust
Used as an anticipated hedge against inflation, this is an irrevocable trust
under which fixed-rate payments, as set out initially in the trust, are paid
to an individual or individuals for life or for a term not to exceed twenty
years. The annual payment is calculated by multiplying the annual revaluation
of the trust's investments by the fixed rate. Whatever remains in the trust
at the end of its term (life or number of years) goes to Helping Hands Hawai'i
in honor of the donor.
- Charitable
Remainder Annuity Trust
Similar to the Unitrust, this plan has a fixed rate as well. However, once
the rate is multiplied against the initial contribution to the trust, the
annuity amount is fixed permanently. In this way, you can assure a fixed
annuity for the full term of the trust without risk that the trust may lose
value in its investments due to market conditions. Again, Helping Hands Hawai'i
receives whatever remains in the trust at the end of its term in honor of
the donor(s).
In both types of Charitable Remainder Trusts, a contribution of appreciated
property (securities, real estate, or personal property) enables you to avoid
tax on any long-term capital gain. In this way, you can contribute highly
appreciated property that provides a low return of income to gain a higher
fixed rate in your trust without having to recognize the capital gain for
individual income tax purposes.
- Charitable
Lead Trust
An opposite of the Charitable Remainder Trust, this plan pays an annuity
or unitrust amount to Helping Hands Hawai'i for a term of years and then
returns the property to the donor or pays it over to other named individuals
at the end of trust's term. This plan can be effectively used to shift ownership
of a valuable property to the next family generation at a very low estate
or gift tax cost.
Information
contained on this web site is not intended to represent legal or tax
advice or to substitute for such advice. Individuals are urged to consult
with their professional advisors when considering charitable planned
giving transactions. All matters set out herein should be considered
in light of the effect, in any of the Alternative Minimum Tax.
Donate
Today!
Please
make a contribution to:
Helping Hands Hawaii
2100 North Nimitz Hwy
Honolulu, HI. 96819
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