Follow Me

Close

How to Give

You can “give” to RCS by telling your friends about us, by praying for us, and by volunteering your time (call us). But we also need financial support.

Cash & Items

Gifts may be paid in installments. We will gratefully accept gifts of CASH; APPRECIATED PROPERTY (especially Stocks and Bonds); IN-KIND CONTRIBUTIONS (equipment which can be used at RCS).

There are significant tax advantages to the donor for GIFTS OF APPRECIATED PROPERTY. The donor may take a tax deduction for the full current market value of property owned more than a year, and the donor is NOT required to take a capital gain on the difference between that current price and the purchase price.

RCS maintains an open brokerage account and gifts of stock and other securities can easily be transferred into our account. Call us for details.

Online Donations

Credit Cards via PayPal
(Guests, you do not have to have a personal PayPal account.)




 

Deferred Gifts

EXAMPLES: RCS as beneficiary of your life insurance; bequests to RCS in your will; also gifts to RCS through revocable living trusts, charitable remainder trusts, (etc.) Many of these deferred gift options require you to consult an attorney knowledgeable in such types of estate planning.

Proceeds received will be added to our unrestricted funds—or will be used according to the donor’s wishes.

Gifts to Honor Loved Ones

We will gratefully receive and acknowledge gifts “in memory of” or “in honor of” loved ones, family members, beloved sponsors, etc.

Legal & Tax Information

The Renewal Center of the South , Inc. is incorporated in North Carolina as a nonprofit corporation. It is exempt from Income Tax under Section 501 (c) (3) of the Internal Revenue Code and comparable state law. The Corporation is classified by the IRS as a publicly supported charity, not a private foundation.

Contributions to the Renewal Center are federally tax-deductible as provided in Section 170 of the Internal Revenue Code, within any limitations provided by the law which may apply to the donor.

All contributions are considered unrestricted unless specifically restricted by the donor. Under an amendment to the Articles of Incorporation required by the IRS for tax-exemption, in the event of the dissolution of the Corporation, any assets remaining must be distributed for a 501 (c) (3) tax-exempt purpose, or to a governmental body, and could not be refunded to contributors.

Contributions in excess of current (management, program and fund-raising) expenses will be accumulated in liquid income producing assets.

In its history RCS has raised $1,012,800 at a cost of $114,800 (12.3% of donations raised). Better Business Bureau charity standards say charitable fund-raising costs should not exceed 35% of contributions raised!

A Board of Directors is responsible for the management of the Corporation. Wayne Smith is the Chief Executive Officer.

The Renewal Center of the South does not, and will not, offer professional counseling or therapy of any kind.