Retirement assets can make excellent charitable gifts for both the donor and nonprofits.
Let's Partner On A Giving Plan That Aligns Your Goals With Your Needs
There are a variety of ways to make a gift. While cash is the most common, you may not be aware of the advantages of donating other assets. Many options can provide income during your lifetime or significant tax benefits — or both. We can help you determine the best type of gift for your personal situation.
Start a conversation with AMDA's Development Office today. Email the team at development@amda.edu.
Non-Cash Gifts
Non-cash gifts allow donors to make a significant impact on their favorite causes, but most nonprofits aren’t equipped to accept non-cash gifts. We make it easy to turn your goods into charitable gifts.
Retirement assets can make excellent charitable gifts for both the donor and nonprofits.
Real estate can be used to create a significant charitable legacy. It is one of the most beneficial charitable gifts for both the donor and the nonprofit
Gifts of stock, appreciated stock, or mutual funds can make an ideal charitable gift for both the donor and the nonprofit. Business owners can incorporate giving into any business transition plan by donating privately held stock.
A gift annuity is a way to make a significant charitable gift and receive a steady income stream in return. Trust options include Charitable Remainder Unitrust (CRUT), Charitable Remainder Annuity Trust (CRAT), and Charitable Lead Trust (CLAT).
Donating a life insurance policy to a donor advised fund (DAF) allows donors to make a larger charitable gift than they ever thought possible.
You can think of tangible personal property gifts as "under-the-bed" or "What's that in the attic?" type of assets that are donated for use or to sell for cash proceeds.
People with inventions/patents, or copyrights on books and other works, have streams of income that can be allocated as a charitable gift during life and/or at death.
Gifts of cryptocurrency, such as Bitcoin, Dogecoin, and other virtual currency can be donated to establish or grow a donor advised fund.
Many donors make their gifts with cash, without knowing that non-cash gifts are often more beneficial to both nonprofits and donors. Less than 7% of household wealth is held in cash and checking accounts, according to Certified Financial Planner Russell James, J.D., Ph.D.
Ideal non-cash gifts for donation typically have a low-cost basis, meaning they were acquired at a much lower price than their current value. These assets often have long-term capital gains, as they have been held for over a year and have appreciated. Donating such items allows the owner to avoid capital gains tax, which would be incurred if the asset were sold.
Get Started
Eliminate the complexity of giving non-cash assets and give to your fullest potential.
We can help you determine the best type of gift for your personal situation. Ready to start a conversation? Call 212-957-3376 or email AMDA's Development Office at development@amda.edu.