Current Planned Gifts

Current Planned Gifts

Goal: Quick and Easy Gift

Cash, Check, or Online Credit or Debit
  • Immediate income tax deduction and possible estate tax savings
  • Automatic regular gifts option
  • Direct gifts from your Donor Advised Funds
Sell a security that has declined in value and give the proceeds to charity
  • Cash gift benefits
  • Long or short-term capital losses to offset gains

Goal: Reduce Capital Gains Taxes

Transfer marketable securities—stocks, bonds, mutual funds, etc.—directly to your charity
  • Gift is recorded at the current market value
  • Capital gains taxes are avoided
Transfer appreciated real estate, commercial property, or private residence to your charity
  • Tax deduction for present fair market value
  • Subject to real estate transfer evaluations and conditions

Goal: Avoid Taxes from Withdrawals from Retirement Accounts

Required Minimum Distributions (RMD) up to $100,000 from Individual Retirement Accounts (IRAs) for individuals over 70 ½ years of age may be transferred directly to your charity without being included in taxable income.  Provision considered by Congress each tax year, so consult your tax advisor.

Goal: Make a Large Gift with Little Personal Cost

Contribute life insurance policies no longer needed
  • Name the charity as the beneficiary of the insured
  • Continuing policy premiums paid by the insured may result in certain tax deductions (Consult your tax advisor)

Note: As with all significant financial decisions, you should consult your tax and legal advisors before entering into complex planned giving agreements. For general questions or professional resource introductions, contact Tom Assmus.