Veterans Inc.

Donations


Veterans Inc., a private, non-profit organization, receives a full 30% of its total funding from individual contributors like you. Every tax-deductible dollar you give helps Veterans Inc. bring a comprehensive range of professional services to homeless veterans and veterans in need.

There are several ways you can make a difference to veterans in need. All contributions are tax-deductible.
Annual Appeal
Contribute Cash and Goods
Vehicles For Vets
Annual Gifts
Planned Gifts
Endowments
AmazonSmile
eBay “Giving Works” Program

Annual Appeal

Please support Veterans Inc. during the holiday season and donate to the annual appeal.
Of the total Veterans Inc. operating budget, 91% is funneled directly into programs and services for veterans, with just 9% targeting administration and fundraising costs.

Prefer to donate by mail? Follow this link to print:  Annual Appeal
Click the picture to donation online:
Veterans Inc. 2012  Annual Appeal

Contribute Cash and Goods

We gratefully accept the following:

  • Cash contributions
  • Men’s and women’s clothing
  • Dry goods
  • Canned goods
  • Vehicles (Please see our Vehicle for Veterans Program)

For a list of specific items needed at this time, please view our Wish List.
To run a food or clothing drive please contact volunteer@veteransinc.org

Food and clothing may be dropped off 24 hours a day at 69 Grove Street in Worcester.
Business Hours: Monday – Friday, 9:00AM to 5:00PM

Contributions of money may be:

  • Sent via check to:
    Veterans Inc.
    69 Grove Street, Worcester, MA  01605
  • Online donation: 

    Or you may contact us to make a contribution by credit card or cash; or to make special arrangements for a donation call toll-free at (800) 482-2565 Your gift may be designated to a specific area if you like. Unrestricted gifts will be used to meet the general ongoing needs of Veterans Inc.
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Vehicles for Vets – Car Donation Program

Interested in donating your vehicle to Veterans Inc.? Veterans Inc. is coordinating a Vehicle for Veterans Program designed to give its clients an opportunity to obtain transportation and better their chances of obtaining employment. If you have an operational vehicle that you would like to donate, please call Toll Free 800-482-2565­­­­­­ x128.

For more information and to download the forms click Vehicle4Veterans and 2014 Tax Form.

Giving Guide

The following guide is intended to help you plan a meaningful gift to Veterans Inc. All information provided is general in nature. For specific advice concerning your situation, please consult your attorney.

Annual Gifts

The Veterans Inc. Annual Fund provides critical ongoing support of the programs and services with the greatest need.

Unrestricted gifts to the annual fund are an important source of steady income. They enable Veterans Inc. to provide transitional and permanent supportive housing, employment and training programs, a Food Pantry, and more.

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Planned Gifts

A planned gift is a way to make a gift now that will provide immediate financial benefits to you and future benefits to Veterans Inc. By making a planned gift, you may enjoy tax savings and income for life (funded by assets such as appreciated securities). A variety of methods used to make these gifts range from simple bequests made in wills to setting up charitable trusts. These methods are described below.

- Bequests

If you decide to leave assets from your estate to Veterans, Inc. by provision in your will, or a codicil to your will, this is a bequest. You can bequeath a specific amount of money, a percentage of your estate, or specific property.

Your estate will receive a charitable estate tax deduction at your death, when the gift is actually made. A bequest enables you to make a significant gift to Veterans Inc. while retaining full control of your assets throughout your life and reducing your estate taxes.

- Charitable Remainder Trusts

A charitable remainder trust makes payments —  either a fixed amount (annuity trust) or a percentage of trust principle (unitrust) — to whomever you choose. You may claim a charitable income tax deduction and may not have to pay any capital gains tax if the gift is of appreciated property. At the end of the trust term, Veterans Inc. receives whatever amount is left in the trust.

Charitable reminder unitrust provides some flexibility in the distribution of income, and can be helpful in retirement.

- Charitable Lead Trusts

The lead trust makes payments — either a fixed amount (annuity trust) or a percentage of trust principle (unitrust) — to Veterans Inc. for a set term of years to support any program you might designate. When the trust terminates, the asset is ultimately returned to you (a grantor lead trust) or to your heirs (a non-grantor lead trust). You may claim a charitable tax deduction for funding a non-grantor lead trust. The lead trust is one of the few ways to reduce transfer taxes that would otherwise be due on assets left to your heirs.

- Real Estate / Retained Life Estate

You may gift your personal residence to Veterans Inc. and retain the right to live there for the remainder of your life. You would receive an immediate tax deduction, but would continue to maintain the property and pay taxes and even receive any income it may generate. At your death Veterans Inc. could use or sell the property.

- Life Insurance Gifts

A direct and simple way to make a planned gift is to name Veterans Inc. as the beneficiary to receive all or a portion of the proceeds of a life insurance policy. This method may also offer tax advantages; these vary state from state.

- Appreciated Securities / Gifts of Appreciated Stock

If you have stocks which have greatly appreciated in value since their purchase, you might want to consider them as a charitable gift to Veterans, Inc. You can deduct the fair market value of qualified non-cash property and pay no capital gains tax on gifts of long-term appreciated property (held for at least a year and a day). This can dramatically reduce the cost of making a charitable gift or increase the amount you can afford to give.

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Endowments

An endowment, as with any good investment, increases in value over time. For the donor, an endowment means your fund will exist in perpetuity. Your fund will grow to keep pace with or exceed inflation should no further contributions be made. For Veterans Inc., an endowment preserves capital, provides long-term growth, provides income for Veterans Inc., increases purchasing power, and keeps pace with or exceeds inflation.

As an example, consider a $100,000 unendowed gift to Veterans Inc. for capital improvements. If $10,000 were allocated each year there would be zero dollars remaining in the fund after 10 years. However, if that $100,000 were used to establish an endowment, the money would be invested and each year, and a portion of the fund’s earnings would be allocated to capital improvements. A portion would be reinvested in the fund’s principle, and a portion would be used to cover investment fees. After 10 years, even if no further contributions were made to the fund, the fund would still exist, continue to provide capital improvement support, and the amount of both the principle and the award would increase over time.

AmazonSmile

Veterans Inc

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eBay “Giving Works” Program

Are you an Ebay user? Donate a percentage of sales you make on Ebay, or simply make a straight donation to Veterans Inc. via Ebay.

eBay Giving Works

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Combined Federal Campaign

Veterans Inc. is a member of the Combined Federal Campaign

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