| Type of Gift |
Definition |
Tax Benefits |
Additional Benefits |
| Bequests |
Gifts you make by naming a charitable organization in your will |
Estate tax deduction for the value of your bequest to the charitable organization |
Gives you flexibility in providing for family needs first |
| Charitable Gift Annuities |
Gifts of cash, appreciated securities, real estate or other assets that pay income to you or those you name |
Tax deduction, minimized capital gains tax liability |
Guaranteed payments |
| Charitable Remainder Trusts |
Trusts that pay a set income to you or those you name before a charitable organization receives remainder |
Income tax savings from deduction, no capital gains tax liability, possible estate tax savings |
Provides variable annual income for donor or other beneficiary |
| Charitable Lead Trusts |
Trusts that pay an income to a charitable organization for a period of years before you or heirs receive remainder |
Gift or estate tax savings for value of payments made to the organization |
Allows you to pass assets to heirs intact at a reduced cost |
| Gifts of Real Estate |
Donations of real property, either in full or with a retained life estate |
Immediate income tax deduction for the charitable value of the gift, plus no capital gains tax due |
Can allow you to live in your home and still receive charitable deduction |
| Gifts of Retirement Benefits |
Gifts made by naming a charitable organization as remainder beneficiary after your death |
Avoids income tax on the plan, in addition to possible estate tax |
Preserves plan’s value and allows you to leave heirs less costly bequests |
| Life Insurance Gifts |
Gifts of old or new policies with a charitable organization named as beneficiary and owner |
Immediate income tax deduction for gift’s value, plus possible estate tax savings |
Provides a way to make a significant gift with little expenditure |
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