Corona Foundation
Fundacion Corona
Ways to Support the Corona Institute
Donate
Your gift will allow us to expand all our programs, including the extraordinary possibility for discovering intelligent life in the universe! Your contribution will help put humanity in greater touch with the education.
Multiple ways to Donate Online today!
Corona is an IRS qualified 501(c)(3) charity, fully tax deductible.
Make a secure online donation
Donate Using Guidestar.org - the IRS clearinghouse for non-profits
Donate Using JustGive.org - A non-profit organization assisting non-profit organizations
Planned Giving
Planned giving can provide support for the Corona Institute while realizing significant tax savings for the donor. Many planned giving vehicles can also provide donors with guaranteed income for life. The following is one example of how a planned giving strategy might be used to make a contribution to the Corona Institute:
Mr. and Mrs. Orion would like to make a major contribution to support the work of the Corona Institute. However, the Orions' financial circumstances require that their assets continue to earn interest income to support them in their retirement.
By creating a charitable remainder trust with the Corona Institute, the Orions will receive guaranteed interest income for life and may claim an income tax deduction for a substantial portion of their initial contribution. If the Orions set up the trust by giving appreciated securities, they will also avoid capital gains taxes. If the Orions create the trust by giving real estate, they will avoid capital gains taxes, qualify for potential estate tax benefits, and eliminate the costs and obligations of managing a property. When both Mr. and Mrs. Orion are deceased, the trust will be used to support the work of the Institute in a manner designated by the Orions.
There are many other ways of using planned giving strategies to both support the work of the Corona Institute and realize your financial planning goals. A bequest, for example, allows the Institute to be named as primary or partial beneficiary in a will, thereby reducing or eliminating estate taxes after the donor's death while not affecting a donor's financial situation while living.
In these and other circumstances, planned giving creates a "win-win" situation for the donor and for the Corona Institute.
Securities (Stocks)
Giving securities is often more economical than giving cash. By making a contribution of highly appreciated stock to the Corona Institute, you can claim a tax deduction for the full fair market value of the stock given and not pay capital gains tax on the appreciated value.
The Corona Institute has experience managing gifts of stock and would be pleased to work with you on such a contribution. A contribution of appreciated stock could produce tax advantages for you while helping the Corona Institute continue and expand the search for life in the universe.
If you need your appreciated securities to generate income, but would still like to reap the tax advantages of a charitable gift and support the Corona Institute, you might consider contributing securities through a Planned Giving arrangement.
In many cases, it is possible to increase your current cash income for the balance of your lifetime from securities you own and, at the same time, create a charitable gift deduction. There are also estate planning strategies that can create increase bequests to your heirs, while simultaneously helping the Corona effort.
Real Estate
Real estate is often overlooked as a possibility for charitable contribution, but in fact it can be among the most advantageous contribution vehicles for a donor. Personal residences, rental or commercial property, farms and ranches, and undeveloped land are among the possibilities for a contribution of this nature.
Here's an example of how a real estate gift can work to your advantage. If you purchased a property for $25,000 that is now worth $75,000, you can give this property to the Corona Institute and avoid capital gains taxes on the appreciation. At the same time, you can claim the full $75,000 -- the fair market value -- as a charitable tax deduction. You may also qualify for estate tax benefits. Of course, making this contribution also relieves you of maintenance costs, management concerns, and property taxes.
Like any transaction of this nature, making a contribution of real estate requires careful consideration. However, the Corona Institute has experience managing contributions of real estate and would be pleased to work with you. A contribution of real estate could produce tax advantages for you while helping the Corona Institute to continue and expand research.
If you need your real property to generate income, but would still like to reap the tax advantages of a charitable gift and support the Corona Institute, you might consider contributing real estate through a Planned Giving arrangement.