Why do we need your help?
TEAM’s administration expenses are less than 10 cents on every dollar! Though programs receive funding from a variety of sources, including federal and state funding, programs often face the challenges of the demand for services without any additional funding, and in some cases, funding reductions. Donations from the community help to ease this burden.
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There are several ways in which individuals, organizations, or corporations can donate to TEAM to help continue the agency’s mission of helping those in need:
- TEAM welcomes both monetary and in-kind donations of any size to be designated as a general gift or to support the program of your choice.
- Corporate partnerships can include good and services (such as computers, preschool books, gift baskets for homebound elderly or toys for the Toys 4 Kids annual toy drive) and corporate lending of employees (such as income tax preparers for our Volunteer Income Tax clinic which provides free tax preparation to low-income Valley residents).
TEAM offers many opportunities for individual volunteering or gift-giving throughout the year, including taking advantage of outright or deferred planned giving options. No gift of time, funds, or goods is too large or too small in support of our continued mission to improve the quality of life in the community we live.
In 2010, TEAM’s President & CEO and Board of Directors established an endowment at the Valley Community Foundation to support TEAM in perpetuity. Individual contributions to the TEAM Richard J. Knoll Fund are invested with the contributions of others to achieve a greater collective impact. Distributions from the Fund are used each year to help with general operating and programmatic costs.
If you would prefer to make a donation via check, please mail it to TEAM’s Administrative Office,TEAM, Inc. Attn: Diane Stroman, 30 Elizabeth Street, Derby, CT 06418. If you would like your donation designated to a particular program, please indicate the program you wish your dollars to support.
TEAM Legacy Society
TEAM has established the Legacy Society to celebrate and thank those individuals who share our mission to strengthen our community by educating, supporting and empowering individuals and families. Should you choose to include TEAM in your will or other estate plans, we would be honored to know of your intentions and have you as a member of our Legacy Society.
Members of the Legacy Society will not only be recognized in our publications and on our web site, but will also receive a Legacy Society lapel pin. As another way to show our appreciation, Legacy members will be able to attend our annual Meeting Event as our special guests.
Joining the Legacy Society requires two steps.
First, submit the Legacy Society Form informing us of your intentions to include The Kennedy Center in your bequest. Second , complete the Bequest Notification Form substantiating your confidential wishes of your bequest. The agreement is non-binding and does not constitute a legal promise of any future donation to TEAM.
Please send the completed forms to:
Attn: Diane Stroman.
30 Elizabeth Street
Derby, CT 06418
These forms are also available at TEAM.
Leaving a gift is easy
Careful planning of your gift to TEAM can help maximize the benefits to both you and TEAM. Federal income, estate, and gift tax laws encourage individuals and their families to make gifts to charity by offering tax savings, credits, and deductions. There are many ways you can make a significant gift to TEAM and take advantage of these tax savings:
Bequests from a will or trust are the most common way to leave a gift to TEAM. Some people set aside a certain dollar amount. Others leave a percentage of the estate or assets left over after providing for their family. TEAM can be made the beneficiary of 401K/IRA plans or insurance policies, or a Charitable Gift Annuity or a Charitable Remainder Trust can be designated to TEAM.
If you make an outright gift to TEAM of cash, appreciated securities, real estate, or personal property, and your total deductions exceed your maximum permitted federal deduction for one year, you can claim the excess as deductions on your federal tax returns in the 5 subsequent years.
Lastly… Thank you.
We are so pleased, through the Legacy Society, to recognize the people who are planning for gifts today that will provide significant benefits to TEAM in the future. Because of the generosity of people like you, TEAM will be able to continue to provide innovative, quality and caring program services today and tomorrow for individuals and families in need!
For more detailed information on how you can establish a planned gift, please visit the Valley Gives Back – our region’s community-wide planned giving resource for the Valley. Here, you will see simple explanations about how different planned gifts work, short videos, templates and tools to help start the conversation with your professional advisor. For more information and greater details about TEAM’s giving programs, please contact TEAM’s Executive Vice President Diane Stroman at (203) 736-5420 ext. 234.
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