Give Back

Since 1991 , comprised of educators at all levels of the academic spectrum from principals, teachers and professors to presidents, politicians, entrepreneurs, civic and faith leaders and community leaders, BSL Educational Foundation knows firsthand the challenge in educating youth of today, and are poised to reverse the negative trends that have come to represent young men of color nationally. We’ve made tremendous progress on important issues, but there is much more work to be done.

Goals:

The Foundation seeks to achieve our mission by funding approaches that result in;

• Leverage human resource, talent and treasure from the membership of Beta Sigma Lambda Chapter of Alpha Phi Alpha Fraternity, Inc.
• Access to high quality educational options to promote increased academic achievement
• Ongoing scholarship support to college bound students
• Sustainable mentoring opportunities for youth in the Greater Hartford communities
• Sustainable leadership development training designed to engage today’s youth
• Stabilizing and supporting school districts

You are vital to fulfilling the promise of each and every one of our goals.  Please make a donation today.

Benefits

When you make a charitable gift to the Foundation, you will receive the satisfaction of supporting an important cause, the excitement of seeing your gift lead to positive change, and—in many cases—tangible financial benefits to you and/or another beneficiary, through tax advantages and the retention of a lifetime income from the donated asset.

Matching Gifts

Many employers sponsor matching gift programs and will match any charitable contributions made by their employers.  If your company is eligible, request a matching gift form from your employer and send it completed and signed with your gift.  We will do the rest.  The impact of your gift to the Foundation may be doubled or possibly tripled.  Some companies match gifts mad by retired and/or spouses.

Gift Types

Cash and Pledges

These are deductible for federal income tax purposes up to a limit of 50 percent of your adjusted gross income if you itemize deductions.

Stocks and Bonds

If you itemize, you are entitled to a charitable income tax deduction for the full value of your gift, provided you have owned the securities for more than 12 months. You avoid paying a tax on capital gains that you would owe if you sold the securities.

Closely Held Stock

Gifts of stock offer substantial tax benefits. There are a number of strategies you can use to structure the gift according to your circumstances.

Personal Property

In planning your estate, remember that valuable collections, works of art, and other forms of tangible personal property may be subject to estate taxes. By donating such items during your lifetime, you not only reduce your taxable estate, but also reduce your taxable income in the year of the gift.

Gifts that Provide Income

You may wish to make a substantial gift but feel you cannot afford to give up the annual income produced by the asset. Our life-income gift program offers several ways to help you make such a gift, while retaining an income for your lifetime.

Real Estate

Almost any kind of real estate can make a valuable gift. No capital gains tax is due when you donate appreciated real estate; you are entitled to an income tax deduction in the amount of the appreciated value of the real estate; and you avoid estate taxes on the appreciated asset.

Bequests

When donors feel they need capital during their lifetime, they can still associate themselves forever with the Foundation through a bequest. The value of a bequest is deductible for estate tax purposes, and there is no limit on the amount of the deduction.