There are a number of ways for individuals, families, corporations, and even private foundations to make outright gifts to GCF. Our staff can assist as you help your clients incorporate charitable giving into their financial and estate plans. GCF can accept gifts of cash, publicly-traded securities, insurance policies, retirement plan assets, and, under certain circumstances, real estate, closely held stock, and partnership interests. Gifts to GCF carry several important tax benefits:
Maximum allowable charitable income tax deduction in the gift the year is made
Elimination of capital gains taxes on gifts of appreciated property
Reduction of any estate taxes that might be assessed if the property remained in your taxable estate.
Gifts may be added to a fund that is already operative, or they may be used to establish a new fund that is named at the donor’s discretion. For more information about making outright gifts to GCF, contact Minda Thompson, Director of Professional Advisor Services, by calling (513) 768-6136. |
