Non-Cash Giving
Many generous donors choose to make their charitable gifts in forms other than cash. Popular examples include:
- Securities: Giving stocks, bonds, or mutual funds that have increased in value may help you reduce taxes and conserve cash.
- Retirement plan distributions: These assets can be practical resources for charitable gifts now or in your long-range estate plans.
- Life insurance policies: Using life insurance for gifts can be a convenient way to make a tax-effective gift.
- Real estate: An often overlooked resource, real estate can be an excellent way to make a meaningful gift that could enhance your income or generate tax savings.
- Other items of value: For example, jewelry, artwork, collections, antiques, automobiles, etc.