Gifts at a Glance

Donors of any age or income level

Gift of any amount or asset type through a will, trust, life insurance policy, or IRA beneficiary designation

Estate tax benefits Bequest

Donors of any age, most often middle-aged or older

Good for complex or appreciated assets

A gift of cash or appreciated assets in return for variable payments (% of trust principal annually)

Upon death or termination of trust, remainder is distributed to the charitable beneficiary(ies)

Annual income that can adjust over time; acts as hedge against inflation

May avoid or defer capital gains taxes on appreciated assets. Income tax charitable deduction in year of gift. Income payments are favorably taxed

Charitable Remainder Unitrust

Donors aged 70 ½ and older who have an IRA account and want to help a charity currently with annual gifts

A cash distribution directly from the donor’s IRA account to the charity up to $100,000 per year Spouses or domestic partners with separate IRA accounts can each make these gifts up to $100,000 per year

Charitable IRA Distributions can be set off against Required Minimum Distributions (RMDs) to reduce or eliminate income taxes on those RMDs

Charitable IRA Distributions are not included in the donor’s gross income and are not tax deductible

Charitable IRA Distribution

Older donors who own their own homes

A gift of primary residence, vacation home, or farm

Donor can continue to live in or use property gifted to charitable organization. When donor passes away or moves from property, charity takes full ownership of property

Income tax charitable deduction in year of gift

Retained Life Estate

Donors of any age who have a Donor Advised Fund (DAF)

The donor directs a cash grant from his/ her DAF to a charity

Allows donor flexibility in timing, amount, and recipient(s) of grants

Grant to charity is not tax deductible as tax deductible gift was made in funding of DAF

Donor Advised Fund