Certain forms of deferred or planned giving, including charitable remainder trusts, are attractive ways to reduce gift-tax costs. Bequests and insurance-policy beneficiary designation are also good formats for giving.
A simple and convenient way to donate is through a bequest. You can do this in a variety of ways. You can designate a specific dollar amount or a certain percentage of your estate. You can also dedicate the residue of your estate once other bequests have bene satisfied.
Donating IRA money directly to the Foundation can satisfy your required minimum distribution and lower taxes.
Gifts of Real Estate
Donors may make gifts of real estate, including fractional portions of properties; however, since real-estate transactions are relatively complex, these plans should be thoroughly reviewed with the donor’s personal advisor.
Tangible Personal Property
Fine-art objects, antique furnishings, rare books, and other items can offer donors an immediate tax deduction. Valuation for income-tax purposes will require an independent appraisal.
Credit Card Rewards
Most credit card issuers allow you to donate unused points or miles. Some issuers have programs that can increase your gift. Check to see if your credit card issuers provide these opportunities.
In addition, please keep in mind that the Foundation participates in the annual Combined Giving Campaign, in Giving Tuesday as well as in Amazon Smile.
When you shop at smile.amazon.com, you’ll find the exact same low prices, vast selection and convenient shopping experience as Amazon.com, with the added bonus that Amazon will donate a portion of the purchase price to support the mission of the Foundation.
Donors who serve on a corporate board of directors or work for a company with a matching-gift program have an opportunity to augment their gifts in significant ways. They should contact their company’s matching-gift office to learn more about the program and its requirements.