Donate
Monetary donations
You may send your contribution check or money order made payable to the Central Georgia Chapter of the American Red Cross to our office located at 195 Holt Avenue, Macon, GA, 31201. We welcome you to stop by for a visit. A secure online donation form is available at the end of this page.
Gifts of Retirement Plans
Many individuals today have large qualified retirement plans such as an IRA, 401(k), or Keogh plan. These assets have been growing tax-free for years. Once the owner begins to receive payments from qualified plans, the distributions are taxed. The plans are also included in the owner's taxable estate. A retirement plan may be an excellent source of funds for making a gift to the Central Georgia Chapter of the American Red Cross. One way to make a gift of your retirement plan is to create a charitable trust through your will. It works like this: Your IRA assets will be transferred to a charitable remainder trust. There is no tax due because the charitable remainder trust is a tax-exempt entity. The trust will provide life income to the beneficiary (for example, your child) with an eventual gift to the Red Cross. The beneficiary will pay income tax on the distributions from the trust. Your estate will receive an estate tax charitable deduction for the value of the Red Cross's right to eventually receive the trust assets.
Gift of Life Insurance
Some of our supporters no longer need their life insurance that was purchased years ago to provide for children or other family members. If that is your situation, please consider donating the policy to the Central Georgia Chapter of the American Red Cross. You may claim a charitable deduction for approximately the policy's cash surrender value, and the proceeds are completely removed from your estate.
Charitable Lead Trust
Individuals with very large estates can use a charitable lead trust to benefit the American Red Cross and pass principal to family members with little or no tax penalty. It works like this: You transfer assets to a trust that provides payments to the Red Cross for a term of years. Then the trust principal goes to your children, grandchildren, or others free of, or at greatly reduced, federal gift and estate tax. (Please note that a generation skipping tax (GST) is imposed on large transfers to grandchildren and others who are more than one generation younger than you.)
There are many ways you can donate to the Central Georgia Red Cross.
You can make a monetary donation with a credit card on our secure online form.
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