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Outright Gifts
These assets can be given outright,
or can be used to fund a life-income gift. For
an overview of how you can structure your gift,
go to Ways of Giving.
Gifts
of Cash
This simplest
gift maximizes your immediate charitable deduction
and delivers immediate benefits to your favorite
charity.
Appreciated
Securities
The IRS still allows
you one of its most significant tax breaks for
these gifts. Here's all the information
you need about how to transfer appreciated stocks
and bonds to your favorite charity.
Gifts
of Real Estate
You can make a
substantial gift to your favorite charity through
a transfer of residential, commercial, or undeveloped
real estate. Get information about IRS
regulations and your charity's acceptance guidelines
here.
Gifts
of Business Interests
You can give an
interest in a closely-held or family business
to charity. Tax requirements and your charity's
acceptance guidelines are featured here.
Gifts of Partnership
Interests
An interest in a real
estate or oil-and-gas partnership could produce
more benefit for charity than its giving
you. Learn how these gifts are made, what
the IRS requires, and how your charity reviews
gift offers.
Gifts
of Artwork and Collectibles
You can enliven
and beautify the facilities of your favorite charity
and also secure an income tax deduction.
Learn about tax regulations and appraisal requirements
for these kinds of gifts here.
Estate Gifts
Bequests
This most fundamental
planned gift delivers critically important support
to Kansas City charities every year. You'll
find descriptions of the various types of charitable
bequests, plus sample bequest language, here.
Gifts
of Retirement Plans
Your retirement
plan can deliver more benefit to your favorite
charity than to your heirs. Learn more
about this tax-advantaged estate gift here.
Gifts
of Life Insurance
You can create a significant charitable endowment
from income rather than capital.
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Gifts in Partnership
With Your Favorite Charity
Pooled Income Funds
Many charities offer
a life-income gift that works like a charitable
mutual fund. You can contribute
cash or securities, receive an income tax deduction
plus avoid capital gains tax on the transfer, secure
lifetime income, and deliver significant support
to your charity.
Charitable Gift Annuities
The simplest life-income
gift also delivers the highest annual payments
and significant tax benefits for you. In
return for your gift, your favorite charity pays
you an annuity, you receive an income tax deduction,
avoid upfront capital gains tax on your gift transfer,
and pay no income tax on part of the payments
to you.
Deferred Gift Annuities
This is a life-income
gift designed to build younger donors retirement
earnings. Deferring the start of your annuity
until retirement or later gives you a large income
tax deduction now and an additional source of
income when you need it later.
Charitable Remainder
Unitrusts
This powerful life-income
gift is the most creative planning tool for donors.
The unitrust pays you a fixed percentage of principal
and reinvests excess income. You have flexibility
in determining who will manage the unitrust, the
length of the income payout as well as the number
of income beneficiaries, and which assets will
be placed into the trust.
Charitable Remainder
Annuity Trusts
You can combine flexible
management of your gift with a predictable fixed-income
payout. The annuity trust is individually
managed, and can pay fixed income for life or
a term of years to multiple beneficiaries.
Charitable Lead
Trusts
This is a gift plan
that reduces the cost of transferring assets to
your heirs while delivering immediate benefits
to your favorite charity. The lead trust
holds appreciating assets for a term while it
pays income to your favorite charity then it passes
the principal to your survivors. A lead trust
freezes the taxable value of appreciating assets,
then delivers a further reduction through the
present value of its income payments to charity.
Retained
Life Estates
You can give your
house to your favorite charity and continue to
live there rent-free. Learn the tax details
and your charity's acceptance guidelines here.
Charitable
Bargain Sales
This part-gift/part-sale transaction gives
you a charitable deduction plus cash to purchase
other property or pay an entry fee to a retirement
community.
Donor Advised Fund
Some charities offer
a gift plan that combines and simplifies the administration
of all your charitable giving. You can
set up a gift fund that makes grants to multiple
charities without the legal and tax complexities
of a private foundation or the expenses of a commercial
gift fund.
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