Ways to Give
Thank you for your interest in Penultimate Development, we are a 501(c)(3) organization. 100% of your support will be used to support the mission of transforming young men into leaders.
Online Giving
Penultimate Development offers the ability to receive gifts online. New donors making new gifts and existing donors looking to renew their gift can give by clicking the (DONATE NOW!) button above.
Mail in Donation
Donations can be made to Penultimate Development by cash, check, and credit card. It is important to make all check payable to Penultimate Development. We accept all American Express, Discover, MasterCard, and Visa credit and debit cards. If you would like to mail in your donation please follow the link below or mail your check to our office at 104 East Andrew Johnson Highway Jefferson City, TN. 37760 or by using the (Mail In Donation Form). Mail In Donation Form
Monthly Donations
Monthly giving provides a predictable and reliable source of income for Penultimate Development which allows us to better plan and budget for our programs and initiatives. Monthly giving enables us to stay focus on the mission and long-term goals of the organization. You can setup your monthly by clicking the donate now button.
Stock Donation
Securities and mutual funds that been held for more than one year are one of the new ways you can make a gift to Penultimate Development. Making a gift of securities or mutual funds to us offers you the chance to support our work while realizing important benefits for yourself. When you donate appreciated securities or mutual you can reduce or even eliminate federal capital gains taxes and you are also entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.
IRA Rollover Gifts
The Charitable IRA Rollover Gift is available in 2023 and future years. This gift provides a way for donors age 70 and ½ or older to transfer up to $100,000 tax-free from an IRA directly to Penultimate Development. This gift also provides a way donors can avoid the required minimum distribution by directing that it be paid directly to Penultimate Development.
Bequests/ Living Trust
Gifts of this nature allow donors to give a dollar amount, a percentage of their estate, or the residuary (the remainder after specific bequest are fulfilled) to Penultimate Development in their will or living trust. By remembering us in your overall estate or financial plans, you can make a lasting difference in the lives of underserved young men.
Car Donations
Car donations to Penultimate Development are for the sole purposes of providing transportation for participants. Adequate transportation is a necessity that we often take for granted most of our participants come from families that do not have the resources to provide a vehicle. We are looking for reliable vehicles in good working conditions that can be used by the organization and participants alike.
Tax Benefits of Car Donations
Penultimate Development is a 501(c)(3) nonprofit organization and you can claim 100% of the fair market value of your vehicle. You can determine the fair market value of your vehicle online at Kelley Blue Book, Edmunds, or NADA Guides. Within 30 days of your donation you will receive all documentation needed to properly deduct the value of your vehicle donation.
Next Steps
If you are interested in making a planned gift or vehicle donation to Penultimate please contact Diondre Jackson at (865)405-6716 or by email at diondrej@penultimatedevelopment.org.
