Selecting the Appropriate Charitable Gift
Crossroads College offers many ways you can contribute. One of the following options may be the right gift for your current financial situation. If you have any questions, please email them to mkilgallin@crossroadscollege.edu.
| You say |
Gift Types |
Good Assets
to Give |
Your Benefits |
Charity's Benefits |
I have enough assets now, and I want to see my gift at work.
|
Outright gift
|
Cash
Stock
Real estate
|
Income tax deduction
Estate tax reduction
|
Charity receives immediate use of funds
|
I want to make a gift but I need all of my assets now.
|
Charitable bequest
Life insurance
"Payable on death" accounts
|
Cash
Stock
Artwork
Retirement plan assets
Savings or brokerage account remainders
|
Estate tax deduction
|
Charity receives eventual use of funds
|
I want to make a gift and I have assets, but I need the income from those assets for now.
|
Remainder trusts
Gift annuities
Pooled income funds
Your home with retained use
|
Cash
Stock
Real estate
|
Partial income tax deduction
Life income for yourself or heirs
|
Eventual use of funds
|
I want to make a gift now but I want my heirs to receive something, too.
|
Lead trust
Life insurance replacement
|
Cash
Business
|
Income or gift tax deduction
Reduced taxes on appreciation
Preservation of assets for children
|
Immediate use of funds
|
Reine A. Shiffman, U.S. Bank Charitable and Nonprofit Services