Friends who know the stories of children in Youthville's care often say they wish they could give more. But what to give and when? Cash is simple, but other assets may offer greater tax savings.
Current Gifts of Stock or Property
Appreciated assets can be given directly to Youthville. By doing this, you can avoid capital gains tax and make a significant gift. If you need an income stream from that asset, the gift can fund a charitable gift annuity or charitable trust.
Gifts That Also Return Income
Do you want to increase your current or future income? Do you have valuable assets producing little return investment? Are you uncertain of your future needs? Perhaps you have assets to pass on to your family, but for now could produce a current gift to charity. There are different types of charitable gift annuities and charitable trusts. These arrangements can be funded with cash, stock, or property. A gift annuity or charitable trust may meet your needs now and in the future.
Gifts From Your Estate
Most of us want to leave a legacy that touches lives beyond our own. The simplest time to make the biggest difference is when your own need has ended. You can plan for Youthville's vulnerable children in your estate plans.
Gifts From Your Retirement Plan
Often the best estate gift is a beneficiary designation from your retirement plan directly to Youthville. This is very tax efficient, and we can help you with proper wording.
Gifts of Farm Commodities, Livestock, or Depreciated Machinery
Particular tax savings are open to agricultural producers. These gifts can be current gifts or to a charitable trust. Also, contact us before you phase-out production or transfer ownership of operations for special ideas that may benefit you.