The Minnesota Deer Hunters Association is a grassroots 501 (C) (3) non-profit, tax-exempt, conservation organization.
Directed by an all volunteer Board of Directors, the purpose of MDHA is to build our hunting and conservation legacy through habitat, education and advocacy. Your donations help us to do just that.
Our goal is to establish an endowment fund that will provide future investment revenue to help finance ongoing operations and future projects.
By donating to MDHA’s Endowment Fund, you will have the satisfaction of knowing that your gift will give perpetually in the betterment of deer and deer hunting. In addition, your gift is tax-deductible, so not only does your gift of endowment benefit the organization, it benefits you as well.
TYPES OF GIFTS
Make a donation to MDHA in memory/honor of a good friend or loved one. Your donation will go to work for our mission and help to preserve the future of our deer hunting heritage. An acknowledgement card will be sent to whomever you select informing them of your thoughtfulness (donor must provide family contact and address). Your donation will also be recorded in Whitetales magazine.
Naming MDHA as a beneficiary in a will is often the easiest way to make a significant gift. In addition, a gift will often reduce estate and transfer taxes.
Charitable Gift Annuity
Cash or other property is contributed to MDHA in exchange for a commitment to pay the donor, or other beneficiaries, a specified annual amount for the remainder of the beneficiary’s life.
Charitable Remainder Trust
Cash or property is transferred to a trust, which pays the beneficiary either a variable income equal to a fixed percentage of the trust’s fair market value as determined each year or a fixed annual amount. Upon the death of the beneficiary, MDHA receives the remaining assets assuring that they will be used for the purposes specified by the donor.
Deferred Gift Annuities
A deferred gift annuity is the same as a charitable gift annuity, but the payments of income are delayed until a pre-determined time.
Cash, property and stocks can be used to make gifts to establish or add to a fund. When individuals donate property or appreciated or closely held stocks, they may be eligible for a tax deduction based on the fair market value and they may also avoid capital gain and estate taxes.
If a donor wishes to name MDHA as the sole or partial beneficiary of a life insurance policy, the charitable proceeds of the policy may avoid both income and estate taxes. Another option is to transfer ownership of a policy to MDHA. By choosing this option, donors may take an immediate income tax deduction approximately equal to the policy’s surrender value.
Retirement Plan Assets
Using IRAs and other retirement plan assets is a far-sighted and thoughtful way to make a charitable contribution. It provides a donor a number of significant financial and tax advantages. Unlike many assets, retirement plan assets are potentially subject to both income and estate taxes. Naming MDHA as the beneficiary of a retirement plan (including IRAs, 401(k)s and profit-sharing plans) can eliminate estate and income taxes, if the gift is structured properly.