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THE IARN AMATEUR RADIO PEACE CORPS FOUNDATION, INC.
NEEDS YOUR GENEROUS TAX DEDUCTIBLE DONATIONS
AND/OR BEING NAMED IN YOUR WILL OR LIVING TRUST FOR
YOUR TAX SAVING ESTATE PLANNING PURPOSES. OUR
TAX ADVANTAGED GIFT ANNUITIES ARE ALSO AVAILABLE:

The IARN Amateur Radio Peace Corps Foundation, Inc. (Maine Charter
Number 19900355ND) is a 501(c)(3) tax exempt amateur radio organization
(IRS Employer tax ID 01-0469725) dedicated to emergency communications

and the promotion of international good will through amateur radio personnel
deployments and donating and providing amateur radio equipment plus
amateur radio license training all over the world including Russia, Jamaica,
China, St. Croix, Bogainville, St. Thomas, Somolia, Bangladesh, England,
Armenia, Israel, Jordan, and the Solomon Islands.

The best way to preserve our precious Amateur Radio spectrum is to show

the public and Congress that we are using it for very valuable purposes.

We are currently putting together a fleet of emergency communications vans
(starting with the first one) which will be used to deploy with volunteer
amateur radio operators (and SWL helpers if appropriate) to disaster zones to
hand carry all IARN traffic (accumulated so far by IARNtraffic@aol.com) and
then setting up an amateur radio station in a public place or shelter to solicit
outgoing traffic. We can purchase these vans second hand at auction for
about $1200 each. We already have the radios and other items to equip the
first van. We will need some cash in reserve to cover "on the road"
expenses of volunteers during actual emergency deployments. We need
your tax deductible donations to get this worthy project going.

Gifts of cash - currency, personal checks, bank drafts, money orders,
credit card authorizations - are considered made on the date they are hand
delivered or mailed, and are deductible in the year in which they are given.
Since there is a cheritable deduction, your net cost of a cash contribution
will be lower than the face value of the gift. For example, a net cost of a
$1,000 gift to a donor whose marginal tax rate is 36 percent is $640
because of taxes not paid and consequently saved. The deductible
amount is limited to 50 percent of your adjusted gross income; a
deduction in excess of that percentage can be carried over for five years.

Greater tax savings and increased cash flow can be generated with a gift of
appreciated property. Examples of appreciated property include real
estate, stocks and other securities as well as tangible personal property
such as amateur radio equipment, art, antiques, rare books, coins, and
other collectibles.

For commonly traded stocks and securities, the charitable deduction
allowed is the current, fair-market value (determined by the average
between high and low of the stock on the day of the gift). The charitable
deduction allowed for real estate or closely held stock is the fair-market
value as

determined by an appraisal. The value of these types of gifts may

be considerably more than the original cost to you.

For gifts of appreciated property held for more than 12 months, you may
deduct 30 percent of your adjusted gross income in the year of the gift; any
amount in excess of that annual ceiling may be carried forward for five
years.

Special "related use" rules govern the deductibility of tangible personal
property to IARN.

You may benefit from contributing property that has declined in value, or
from making a "bargain sale" to IARN at a price below fair-market value.
Private business owners may wish to consider a gift not generally sold on
the open stock market. A bargain sale gift allows you to claim a
charitable deduction on the diference between the property's true value and

the price IARN pays for it. It can also be an effective way to dispose of

property on which you would otherwise owe a significant amount of capital

gains tax.

o Opportunity to make an impact on IARN that may not have
been possible in your lifetime

o Possible immediate charitable tax deduction

o Possible estate tax and gift tax savings

o Possible income tax savings for heirs

o Potential to provide income for a beneficiary

o Potential to control assets during your lifetime

There are several types of bequests for IARN that can be created either

through your will or living trust. With a general bequest you simply leave a

specified dollar amount to IARN. In a specific bequest you designate
certain asset items, such as real estate or stock (whose value may
change over time). A residuary bequest allows you to assign a certain
percentage of your estate's remainder value to IARN. This helps ensure
that each remainder beneficiary receives a constant proportion even though
changes may occur in the size of your estate.

You may also use your will or living trust to establish a charitable
remaindet trust, which uses a specified amount of the estate to provide life
income to one or more beneficiaries. IARN would receive the principal
that remains after all beneficiaries have passed away.

Your bequest may be fully deductible from your taxible estate, potentially
placing you in a lower tax bracket.

By designating IARN to receive any remaining assets of your IRA, Keogh,
TIAA-CREF, or other qualified pension or profit-sharing plan, you can
maintain complete access to your retirement plan assets during your
lifetime. Any gifts to IARN from your taxable estate can also be deducted
without any negative impact on your current assets.

A gift of life insurance - either an existing, paid-up, or new policy - offers a
way to make a gift benefiting IARN at a relatively low cost. You can deduct
premium payments as charitable deductions by naming IARN as both owner
and irrevocable beneficiary of the policy. Specific plans for the continuation
of premium payments, if any, should be duscussed with IARN as part of the
gift arrangement.

The wealth-replacement option is an alternative means of giving life
insurance. With this type of plan, you make a gift to IARN and then, using
the tax savings produced by the charitable deduction from the gift, purchase
and pay the premiums on a life insurance policy which has proceeds roughly
equivalent to the value of the contributed assets. Thus, the assets used to
make the gift are, in efect, replaced with insurance.

The remainder interest in your personal residence or farm can be made by
a gift deeding the property IARN. The definition of personal residence
includes single family dwellings, vacation homes, and condominiums as
well as stock in a cooperative housing housing corporation. The
residence does not have to be your principal residence.

Possession of the property and responsibility for its upkeep would remain
with you. You can continue to enjoy use of the property during your
lifetime without dusruption in your lifestyle, but may not mortgage your
interest or sell the property unless in partnership with IARN

In addition to the charitable deduction on a gift of appreciated property,
you also save capital gains tax on the property's appreciation.

In exchange for the transfer of assets to establish a charitable gift annuity,
IARN offers you a contract, backed by the full faith and credit of IARN, to
pay a fixed dollar amount to the income beneficiaries you select.

Although payments are calculated by applying a fixed percentage of at
least 5 percent to the initial value of the trust, the payout to income
beneficiaries remain fixed. Payments can begin immediately, or, if you
wish, be deferred to some future date.

The annuity rate depends on the age of the beneficiary. An annuity trust
cannot permit additional contributions; rather, additional contributions
require the establishment of separate trusts. The minimum amount to
establish an annuity trust is $5,000.

The IARN Amateur Radio Peace

Corps Foundation, Inc. needs your
donations of either working or non
working amateur radio and/or
citizens band equipment which we
refurbish and then deploy
throughout the world. We might
also sell the gear and then
purchase something else for the

same type of deployments.

Your donations are tax deductible

at fair market value (as designated
by you) plus your shipping costs

to us. Simply ship to us with a

letter and your name, tax ID (your

Social Security number usually)

and the manuals, if available.
Ship or mail to IARN, 1 Long Point
Road, Belgrade Lakes, Maine
04918. Tel. 207 495 2215