Planned Giving

One of the simplest strategies is to add Mount Dora Children’s Home to your will or trust documents. You can choose to leave MDCH a percentage, a specific dollar amount, specific pieces of property, or the residual of your estate after providing for your heirs. When you notify us that you have added MDCH to your will, we will honor you with membership in our Legacy  Club.

A charitable remainder trust provides for annual income to you or another person you designate for life or a specified period of time, after which the remainder of the trust is left to Mount Dora Children’s Home. The donor may receive significant tax benefits, especially when donating appreciated assets.

Naming Mount Dora Children’s Home as a beneficiary of your IRA, 401(k) or other qualified retirement accounts may provide tax benefits for your estate. If you are age 70 1/2 or older, you may also qualify to donate up to $100,000 per year from your IRA to charity. If you are age 73 or higher, this IRA donation to charity can count against your annual Required Minimum Distribution (RMD) from your retirement accounts. Call 352-383-0762 or email our office for more details. 

You can help support Mount Dora Children’s Home by gifting real estate, stocks, and other securities, art, antiques, and other collectibles to us. We also accept donations of vehicles, including cars, vans, trucks, RVs, motorcycles, and boats.  Such gifts, including a donation of appreciated assets, may provide the donor with significant tax benefits. We will be glad to meet with you to discuss planned giving and estate planning strategies that work best for you and your family. We can also work with your financial planning, tax or legal advisers to develop a plan tailored to your needs.

Similar to a private charitable foundation, a donor-advised fund (DAF) allows a person to donate money to the DAF in one year and then make grants to one or more charities from the fund in future years. It gives the donor more control over how and when to disperse gifts to qualified nonprofits. The charitable tax deduction is received for the year the donations are made to the DAF, regardless of when charity grants are made. Unlike a charitable foundation, DAFs are easy and inexpensive to set up and administer.