To the Andover residents who have sent checks so far this year to support the Beacon: Thank you! Every check, no matter how large or small, is a big help and an important sign that the community values the Beacon.
Over 1,100 Andover households receive every issue of the Beacon at no charge throughout the year. If you’re one of the households that haven’t made a voluntary donation yet, please use the form or the Paypal payment buttons below and “get a round tuit” right away. There’s much more information about the benefits of supporting the Beacon here.
Community Publishing of Andover, Inc. is recognized by the IRS as a 501(c)(3) tax-exempt public charity, so your donation is tax deductible to the extent allowed by law. Some important details are here.
One-Time Donations: Donate any amount you choose! You can mail the form (below) and your check to the address at the bottom of the form. Or the Paypal payment buttons (below) will take you to Paypal’s secure payment site, where you can pay using your Paypal account or with a credit card. (The Beacon is published by Community Publishing of Andover, Inc., which is the name you’ll see if you use either of the Paypal buttons.)
Monthly Donations: Choose an amount as little as $5 a month to be transferred electronically by PayPal from your credit card, debit card, or bank account. You can change the amount or stop payments at any time just by logging in to your PayPal account. Visit AndoverBeacon.com/Donate to set up your monthly sustaining donation.
Donation of Appreciated Stocks: Donating stocks you have held for more than a year and that have appreciated in value is “one of the most tax-smart ways to give,” according to FidelityCharitable.org. The transaction avoids the capital gains tax on the appreciated stock, so by giving the stock directly to a qualified charity like the Beacon, you are donating (and can deduct) 20% more than if you sold the stock and donated the after-tax proceeds of the sale.
For more information, Google “donate appreciated stock” and then consult with your financial advisor and your accountant. For details on how to donate appreciated stock, visit AndoverBeacon.com/Stock.
Donation from your IRA: After age 72, you must make a Required Minimum Distribution (RMD) from your IRA each year or pay a substantial penalty. The RMD adds to your taxable income unless you direct your IRA custodian to transfer it directly to a qualified charity like the Beacon. Donating some or all of an RMD excludes the amount donated from your taxable income, but you cannot also claim the amount as a charitable tax deduction.
For more information, Google “donate ira rmd” and then consult with your financial advisor and your accountant. For details on how to donate from your IRA RMD, visit AndoverBeacon.com/IRA.
Subscriptions to the Beacon: We ask for a minimum of $30 for an out-of-town subscription, whether for yourself or for a family member or friend. If you can send more, please do! Donations above $30 per out-of-town subscription are tax deductible to the extent allowed by law.
Get A Round Tuit by Mail … … or by Paypal