Help your clients leverage non-cash assets to reduce taxes, increase income, and create their charitable legacy

Most charitable gifts are made with cash or appreciated securities, but thanks to a supporting organization of the Foundation, it is possible to consider a much broader range of assets for tax-advantaged charitable giving. Businesses, real estate, tangible, and intangible property can all be used to establish charitable funds and provide donors with tax benefits.

Increasingly, donors are choosing to make gifts using illiquid assets. Gifting complex assets during a donor’s lifetime can simplify estates for geographically distanced heirs, lessen tax liability in business owner exit strategies, and give donors options for charitable giving beyond what they could comfortably manage with cash during their lifetimes.

Real Estate
Many people hold their most significant wealth in real estate. With the proceeds from a sale or bargain sale of commercial or residential real estate, the Foundation can create a fund that will turn one gift of property into many gifts to charity. Charitable instruments for gifts of real estate can be structured to provide lifetime income, retain use of residential property, or provide ongoing involvement in giving. But real estate presents just one opportunity.

Non-Cash Assets to Consider

Private mortgages Operating businesses IRAs Closely held stock Antique collections Art Annuities Jewelry Yachts Partial business interests Royalties Insurance Oil and gas interests Dockominiums Gold

Businesses Can Be Donated and Continue to Operate
The Foundation’s supporting organization is uniquely qualified to value and accept gifts of closely held stock as well as partial or full ownership of operating businesses. This supporting organization provides an unusually effective mechanism for transferring ownership with or without control. If your client owns closely held stock, has a partial interest in a business, or is planning an exit from business ownership, we will work with you to accomplish your client's charitable goals while maximizing tax benefits. 

Valuation
Gifts of real estate and other non-liquid assets can be more complex than gifts of cash or marketable securities, so the Foundation has developed sound policies and practices to ensure that valuations are fair and transactions are in compliance with the spirit and letter of the law.
 
Let’s Talk
There are as many possible scenarios as there are donors and clients, so we welcome the opportunity to help you structure your client's giving. Many of our relationships begin with a single question or discussion of options. Even if these efforts do not result in a gift, we want to hear from you. Please feel free to call the Foundation at 941.486.4600 or e-mail us to explore the possibilities.