2008 FRIENDS OF SCOUTING CAMPAIGN
RAISES $1,280,000
THERE ARE MANY REASONS TO SUPPORT THE BOY SCOUTS OF AMERICA

Every new generation relies on the previous one. The experiences we have as we mature to adulthood provide us with knowledge and skills that are meant to be shared. By sharing, we pass the torch to the next generation in a way that helps prepare them to meet new challenges and difficulties. Scouting provides an avenue for adults to make a difference in the life of a child. Years after youth experience Scouting, 84 percent of men agree that “The values I learned in Scouting continue to be important to me.” There is a high correlation between Scouting and future achievements, in the form of high school graduation rates, college graduation rates and household incomes.

As a parent or concerned adult, you can make the difference in the lives of children by your continued support of the Friends of Scouting Campaign.

Thank you for your continued support!

SPECIAL THANKS TO OUR CAMPAIGN KEY LEADERSHIP
CAMPAIGN CHAIRMAN : BRUCE BINKLEY
EXECUTIVE BOARD CHAIRMAN: BART BARTLETT
COMMUNITY DIVISION CHAIRMAN:KEITH ESTES
METRO DIVISION CHAIRMAN: MIKE BRADLEY
FAMILY DIVISION CHAIRMAN: ROBERT ATHERTON

Living And Giving

Scouting’s original founder, Lord Robert Baden-Powell, lived by an interesting motto: “We only have a short time to live, so we must do things that are worthwhile, and do them now.” This belief clearly influenced his vision of the organization he was to create. But it also continues to define the true importance of Scouting, the relevance and impact of its programs, and the vital role that our great volunteers play in making Scouting what it is today. Few things are as worthwhile, or as important to do now, as taking care of those you love and care about the most. So take a few minutes to look through this message and see some of the ways your charitable gifts, can benefit you, your family, and your favorite charities.

Of course, there isn’t room here to talk about all the worthwhile things Scouting can do with your gifts! Just ask us and we’ll be happy to tell you. You probably already know this, but we assure you, few things in life are as special as making a difference in the life of a young person, unless it’s seeing the difference that same young person can make in the community and in the lives of others. That’s Scouting, and that’s why we thank you for your interest in and support of this great movement.

Stock Gifts
Publicly Traded Securities
For many donors, a charitable gift of stocks or bonds can provide tax benefits that are even greater than those for cash gifts of equal value, particularly for securities that have appreciated in value. In most cases, you can contribute appreciated securities and take a charitable deduction for the full market value of the securities (if you’ve owned them for at least one year). Another benefit: You avoid paying the capital gains tax on the appreciated value. These same benefits are available for mutual fund shares as well.

While you can donate securities that are worth less than you paid for them, you may receive greater tax benefits if you sell them and donate the cash proceeds. You can also donate securities you’ve owned for less than one year, but your charitable tax deduction is usually limited to cost basis. As with all gifts, discuss these with your advisers; there may be other tax advantages to you for gifts of short-term property with little or no appreciation.

Securities you have owned for more than a year are deductible up to 30 percent of your adjusted gross income (AGI) every year. For those held for less than a year, they are deductible up to 50 percent of your AGI every year. Excess deductions for both may be carried over for five years after the year of gift.

Cash and Property Gifts
Cash Gifts
Gifts of cash are the most basic and important source of support for Scouting and other charities. They are easy and popular, and (if you itemize your deductions) you receive a charitable income tax deduction equal to the full value of the gift. Also, the higher your tax bracket, the more your charitable tax deductions are worth to you.

As a general rule, a cash gift:

• Is deductible up to 50 percent of your adjusted gross income each year. Unused deductions may be carried over and used for five years after the gift is made.
• Is considered complete on the date it is either hand delivered or mailed. For example, a year-end gift mailed in December is deductible that year, even if not received by the council until January. Of course, income-producing interests such as oil, gas or mineral interests, mortgage income, or copyrights may also be contributed or assigned to your local council, generating a continuing source of cash for it.

Thank you for giving
Every new generation relies on the previous one. The experiences we have as we mature to adulthood provides us with knowledge and skills that are meant to be shared. By sharing, we pass the torch to the next generation in a way that helps prepare them to meet new challenges and difficulties. Scouting provides an avenue for adults to make a difference in the life of a child. We wish to thank all who have partnered with the Friends of Scouting Campaign this year, your support is vital to our programs. We appreciate you!

For More Information
To find out more about the many giving opportunities available through Scouting, as well as our other planned giving resources, seminars, consultation or endowment recognition
programs contact: Jill Janosky Indian Nations Council, Boy Scouts of America, finance@okscouts.org or 918-743-6125.

Joe Cappy is presented with the Indian Nations Council National Endowment Award for 2007 by BSA Area Director Rob Hofmann. Mr. Cappy is a past Council President and current Board Member of the Indian Nations Council.