Checklist: Assets to give to charity

September 27, 2019

As an advisor, you’re probably well aware of the types of assets that make great gifts to charity. That may not always be true for clients, who might underestimate the range of assets they can use to support favorite public charities, including, in many cases, funds at BCF. 

Here’s a simple guide to help you with your client conversations. 

Cash

For itemizers, dollars are deductible up to 60% of adjusted gross income and excess deductions can be carried over and deducted in five future tax years.

Highly-appreciated stocks and other investments

Publicly-traded stocks and bonds are tax-effective gifts to charitable organizations, especially because capital gains tax can be avoided.

Qualified plans

Whether via a Qualified Charitable Distribution by a donor who is over 70 ½, or through a bequest, a qualified retirement plan can be an effective asset for charitable giving. 

Alternative assets

Real estate, closely-held business interests, collectibles, and other nontraditional assets can frequently come with strong tax benefits when given to a public charity such as a fund at a community foundation or a favorite nonprofit.

HOW WE CAN HELP
We're here! If this checklist spurs ideas for your clients, we invite you to get in touch to discuss your clients' options for giving a variety of assets to favorite causes and exploring all of the options available through BCF for structuring philanthropy.  


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