Your Gift Can Make a Difference
We exist to provide support to race car drivers, race officials, race organizers, and mechanics who become injured or otherwise in need of assistance as well as their surviving families. This support can take many forms, depending on the needs of the individual. Sometimes even a small act can produce positive changes in the beneficiary’s day-to-day quality of life. Don’t underestimate the difference that your gift can make in the life of an injured or needy individual or an affected or surviving family!
Your Gift Will Be Used Wisely
The USAC Benevolent Foundation is a non-profit, designated 501-3c tax-exempt foundation which is dedicated to the health and welfare of injured or needy racing competitors and their families. The foundation is headed by a Board of Directors, all with some affiliation to motorsports. We strive to carry out our mission with diligence and thoughtfulness. Each grant request undergoes thorough investigation prior to recommendation to the officers and directors for approval. Over the years the foundation has been a conservative investor, protecting our funds so that we can continue to provide support to those in the racing community who need it.
Your Gift Can Benefit You and Your Estate
The Benevolent Foundation is a tax-qualified public charity so your gift is tax deductible in accordance with applicable tax laws. This can reduce your tax burden while you are living or the tax burden of your estate if you give through a will or trust. Giving to The USAC Benevolent Foundation is a simple way to create a charitable legacy while enjoying the accompanying tax benefits.
How to Give
In addition to making a cash donation, you can also name The USAC Benevolent Foundation as a beneficiary of any of the following:
- A life insurance policy
- A traditional or Roth IRA
- A will or trust
- An in memoriam gift
In designating the USAC Benevolent Foundation as a beneficiary of any of the above devices, you can give all or part of the amount payable at death to the foundation. Your gift to the USAC Benevolent Foundation constitutes a charitable contribution for federal income tax purposes.