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The DDI Foundation is a tax-exempt support foundation whose designated
beneficiary is the Developmental Disabilities Institute. The
Foundation was established in 1989 as the official fundraising and
private gift receiving office for the Institute. In its fundraising
efforts, the Foundation solicits and receives either restricted
funds, which are applied to specific programs as directed by donors,
or unrestricted funds disbursed wherever the needs are greatest.
The DDI Foundation Board of Directors is comprised of members of the DDI
Board of Directors along with parents, business and professional
members of the community.
DDI Foundation Board strives to acquire and help manage the philanthropic
monies so critical to strengthening the future of Developmental
Disabilities Institute. The Foundation knows earned income and
private donations can never take the place of public support for
programs. However, our own efforts can make a significant difference
by providing seed money for new programs and helping the Institute
meet its share of capital budgets. In this way the Foundation helps
the Institute grow.
Daily operations of The DDI Foundation are handled by a professional
staff that sets the fundraising agenda, receives and acknowledges
gifts and makes known the opportunities where private support can
assist in fulfilling the Institute’s mission of “helping each person
realize a lifetime of growth.”
The Foundation offers a full calendar of Special Events, with
informational mailings and telemarketing follow-up to insure the
success of each fundraiser. The Foundation looks to forging
inclusionary relationships with family, friends and supporters of
DDI, thereby increasing awareness of DDI’s special programs and
Foundation events.
The DDI Foundation also offers a wide range of gift giving opportunities,
including donations of cash, securities, personal property, life
insurance, or real estate, including personal residences.
The Foundation accepts donations in memory of, or in honor of a loved
one, and gifts made through wills, bequests, and trusts. Your gift
to the DDI Foundation can help make an important difference in the
lives of children and adults with Autism and related disorders. It
can also offer you significant tax advantages.
What Gift Opportunities are Available?
1. Cash. Cash is the easiest kind of gift to make to the
Foundation and gifts of cash are fully tax deductible up to 50% of
your adjusted gross income.
2. Appreciated Stock. It makes sense to give a gift of
appreciated stock, as it generally offers substantial tax savings.
3. Real Estate. A gift to the DDI Foundation of real
property, such as personal residences, vacation home, farm acreage
or a vacant lot can offer a twofold tax savings. If the property has
appreciated in value and you make a gift of the property, you
receive a charitable deduction for the full fair market value it,
avoiding having to pay the capital gains tax. You may also make a
gift of a remainder interest continuing to live in your personal
residence during your lifetime, while still realizing a charitable
deduction in the year you make the gift.
4. Gifts with a Retained Income for Life. You may make a
gift of cash, stock, real estate, or personal property to establish
a Charitable Remainder Unitrust or a Charitable Remainder Annuity
Trust that will provide income paid to you and/or a loved one for
life, after which the trust’s assets are distributed to the DDI
Foundation. By making this gift, you can increase your income, make
a tax-deductible contribution, while eliminating capital gains tax
and reducing estate taxes.
5. Charitable Lead Trusts. You may make a gift to set up a
trust whereby the DDI Foundation will benefit from the interest
income for a specified period of years. At the end of that time, the
principal may pass to your heirs free of estate tax.
6. Life Insurance. You may make a gift of life insurance
to the DDI Foundation that provides you with a significant tax
deduction by purchasing a new policy or donating a policy that you
currently own, but no longer need.
7. Retirement Benefits. You may make a gift to the DDI
Foundation of retirement benefits, thus removing your retirement
plan assets from estate.
8. Wills and Bequests. You may wish to include a bequest
to the DDI Foundation in your will, which is fully deductible for
federal estate purposes. You also receive a
New York
State estate tax deduction.
To learn more
about the DDI Foundation or for more in-depth information
on the many ways to give to Developmental Disabilities Institute,
please contact:
Dan Rowland
DDI Foundation, Hollywood Drive
Campus
99 Hollywood Drive
Smithtown, NY 11787
Phone: (631) 366-2978
Fax: (631)
366-2996
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