Assets to Give
The Community Foundation accepts a variety of gift types to support charitable giving funds and meet your giving goals in tax-wise ways. We often think of opening our checkbook when offering charitable support. While cash is a very generous gift, our team of charitable giving experts is here to work alongside you and your professional advisors to maximize your giving using currently held assets.
Choose the Gift Option that Matches Your Goals
7 Gift Options to Meet Your Goals |
If Your Goal Is To: |
Then You Can: |
And Your Benefits Are: |
Outright Gift of Securities
|
Eliminate capital gains tax. |
Contribute long-term appreciated stock or other securities.
|
*A charitable deduction plus eliminate capital gains tax. |
Gift of Real Estate |
Eliminate capital gains tax on the sale of land or other real estate. |
Donate the property to the Community Foundation to benefit your charitable fund. |
*An income tax deduction plus reduction or elimination of capital gains tax.
|
Gift of Retirement Plan Assets |
Eliminate the possible twofold taxation on IRA or other employee benefit plans. |
Name your charitable fund the beneficiary of the remainder of the assets after your lifetime. |
The ability to leave your family other assets that carry less tax liability. |
Outright Gift of Personal Property |
Share your enjoyment of a collection or other personal item. |
Donate tangible personal property like art or a coin collection. |
*A charitable deduction based on the cost basis value.
|
Gift of Life Insurance |
Make a large gift with little cost to yourself. |
Contribute ownership of a life insurance policy you no longer need. |
*Current and possibly future income tax deductions. |
Retained Life Estate |
Give your personal residence or farm, but retain current use. |
Create a charitable gift now, but retain occupancy for life. |
Tax advantages plus continued use of the property. |
Bequest |
Defer a gift until after your lifetime. |
Put a bequest in your will; give your charitable fund cash, specific property, or a share of the residue. |
Donations exempt from tax. |
* May also qualify for the Endow Iowa Tax Credit.
To request a copy of the Community Foundation of Greater Des Moines' gift and fund acceptance policies please contact us by email or by phone at (515) 883-2626.