The Many Paths To Charitable Giving
Many of us have organizations, causes, and foundations that are near and dear to our hearts and we want to support them through charitable donations.
There are many ways to donate:
- The most common way is by check or cash.
- Another common way is to donate assets such as appreciated stock where you would avoid paying the capital gains tax and receive a tax deduction for the fair market value of the securities. The deduction is subject to adjusted gross income limitations.
- You can also establish a charitable remainder trust and receive current income with the remainder or asset being transferred to the charity upon your death.
- An obstacle many individuals encounter when they try to give to the charity or foundation of their choice is that the contributions they make are not being used in the way they intended. We can help train you to ensure when you donate , your contributions will be used exactly for what you intend within the charity.
There are many other ways to donate and we are happy to explore these with you, please contact us at firstname.lastname@example.org.