What
to Give
Gifts
of Securities
__The best stocks to donate
are those that have increased greatly in value, particularly
those producing a low yield. Even if it is stock you wish
to keep in your portfolio, by giving us the stock and using
cash to buy the same stock through your broker, you will
have received the same income tax deduction but will have
a new, higher basis in the stock.
Gifts of Real Estate
__If you own property that is
fully paid off and has appreciated in value, an outright
gift may be the simplest solution. You can deduct the fair
market value of your gift, avoid all capital gains taxes
and remove that asset from your taxable estate. You can transfer
the deed of your home or farm to us now and keep the right
to use the property for your lifetime and that of your spouse.
Gifts of Retirement Plan Assets
__Did you know that nearly half your
retirement plan assets can be eaten away by taxes at your death?
Learn how to preserve more of your estate for the people and organizations
that matter most in your life.
Gifts of Cash
__The simplest way to give. However,
you can deduct a cash gift for income tax purposes only in the year
in which you contribute it. Your cash gifts are deductible up to
50 percent of your adjusted gross income for the taxable year, but
any excess is deductible over the next five years.
Pledges
__A pledged gift can be a way to support
the Foundation now, over a period of time or at some time in the
future. It is an easy way to make a substantial gift to the Foundation
while accommodating your charitable income.
Gifts of Life Insurance
__You can donate a life insurance policy
to us or simply name us as the beneficiary. For the gift of a paid-up
policy, you will receive an income tax deduction equal to the lesser
of the cash value of the policy or the total premiums paid. To qualify
for the federal charitable contribution deduction on a gift of an
existing policy, you must name us as owner and beneficiary.
Gifts of Securities: Closely Held Stock
__Closely held stock, that which is
not publicly traded, can also be used as a charitable gift even if
you want to maintain a control position in the stock. |