Purposes
Bells for Peace, Inc. was established for Virginia Union University in memory of John and Elizabeth Ellison as a tax-exempt, charitable, non-stock organization under Virginia law and section 501(c)(3) of the Internal Revenue Code for the following purposes:
- to purchase, transport and install Virginia Union University ’s bells in the Belgium Friendship Building
- to preserve Virginia Union University ’s Belgium Friendship Building
- to provide for expenses “Beyond the Bells” for Virginia Union University i.e., for endowed chairs and related programmatic costs
Ways to Give
The tax information provided below is for general information only. All tax deductions for charitable contributions are subject to various requirements and limitations contained in the Internal Revenue Code that apply separately to each donor. In addition, the deductible amount of any contribution to Bells for Peace will be reduced by the amount of any goods or services provided as consideration for the contribution.
Cash
Cash gifts are the easiest way to give. They offer a tax-deduction for the amount of the gift in the year it is made.
Make checks payable to:
Bells for Peace, Inc.
c/o Dr. Ruth W. Epps, CPA
Treasurer
P.O. Box 27371
Richmond, Virginia 23261-7371
Pledges
Gifts payable over one or more years. Deductible in the year(s) a payment is made.
Stock/Securities
Gifts of stock held by the donor for more than one year generally are tax-deductible at full fair market value.
Real Estate
Appraisal establishes fair market value and, in turn, generally the amount of the tax deduction for gifts of real estate held for more than one year by the donor.
Tangible Personal Property
Gifts of tangible property to be used by Bells for Peace, Inc. in a manner related to its tax-exempt purpose may generate tax deductions equal to the appraised fair market value of the gift, especially in the case of property held for more than one year by the donor.
To make a gift of stock or other securities, real estate, or tangible personal property to Bells for Peace, Inc., contact:
Dr. Ruth W. Epps, CPA
Treasurer, Board of Directors
Bells for Peace, Inc.
P.O. Box 27371
Richmond , Virginia 23261
For further information contact:
Dianne Watkins at email or (804)359-3009 |
