Prince Hall Masons of Missouri Charitable Foundation
The Prince Hall Masons of Missouri Charitable Foundation was officially formed in 2008 by the Board of Directors of the Prince Hall Grand Lodge, F. & A.M. of Missouri. The Foundation is a 501 c (3) not-for-profit Tax-exempt Corporation headquartered out of the Most Worshipful Prince Hall Grand Lodge of Missouri F. & A.M facility at 4525 Olive Street, St Louis, Missouri 63108.
The Foundation was to further perpetuate the philosophy and values held by Prince Hall Masons of Missouri in providing for, facilitating and fostering community health and welfare through the implementation of structured programs of intervention and abatement of community ills.
The Foundation survives totally on gifting. It is the function of the Foundation to accomplish this by securing private financial support through an all-inclusive fund raising program. Lodges, Adopted Bodies, individual members and non members are strongly encouraged to make an annual contribution which goes toward education and scholarships, annual golf tournament charitable efforts, benevolence and disaster relief.
There are several ways a tax-exempt gift can be made to the Foundation; Gifts of Cash, Appreciated Properties and Securities, Life Insurance Policies, Real Estate, Charitable Trusts, and Bequests.
Ways of Giving
Explore this section to discover new ways to make a gift that also take into consideration your personal circumstances and the needs of your loved ones.
Cash Gifts
Cash (currency, check, money orders, or bank draft) is the most popular form of giving because of its simplicity. Donors appreciate the tax deduction that gifts of cash provide, reducing the actual cost of the gift.
Requests
A gift by will either is an excellent way to perpetuate your support of the Foundation. The Foundation may be designated as a recipient or as a contingent beneficiary of the bequest. Proper designation is: The Prince Hall Masons of Missouri Charitable Foundation, Inc., 4525 Olive St., St. Louis, MO. 63108
Planned or Deferred Gift
Planned giving opportunities offer advantages to donors instructed in both current and long-term tax benefits. Planned gift enables you to make a commitment to support the Foundation in a manner and at a time that is best for you. Through a planned gift, many persons who had not expected to have the resources that they can be provided increased financial security for themselves and their loved ones.
Gifts of Life Insurance
When properly arranged, life insurance offers an attractive way to benefit the Foundation at a relatively low cost. Life insurance gifts permit you to provide a substantial deferred gift for younger brethren because of the relatively low premium expense. Also, the proceeds from the policy are paid promptly to the Foundation, and this eliminates the delays caused by the estate administration process. For Maximum tax benefits, gifts of life insurance should be discussed with the foundation staff before naming or renaming the Foundation as beneficiary.
Real Estate
Certain tax advantages apply to gifts of long-term appreciated real estate. These gifts typically provided an immediate income tax deduction and avoidance of capital gains tax. Other advantages also may apply. Gifts of real estate are reviewed individually by Foundation staff prior to gift transaction.
Memorial and Honorary Gifts
If you have a family member or friend whose life has been touched by the Grand Lodge, local lodge, individual member, or the Charitable Foundation, we hope you’ll consider making a gift to us in honor of that person.
Acknowledgment of Gifts
All gifts and commitments to the PHMMCF receive a written acknowledgement in accordance with IRS rules and regulations for charitable gifts to 501(c) (3).
STATE WIDE, Vehicle Donation Program
The donation process is started by visiting our new vehicle donation website.
We will send a tow truck to pickup All donated vehicles, from your home or mechanic shop, STATE WIDE.
Definition of a Vehicle:
“Vehicle” means all cars, trucks, boats, motorcycles, snowmobiles, buses, trailers and recreational vehicles, whether operational or not.”
However, the vehicle must prove to be profitable at the time of sale.
All donations are TAX DEDUCTABLE!