Acceptable Methods of Giving
Cash
gifts are acceptable in any form
Defer a gift until after your lifetime with a
bequest
.
Share your enjoyment of a collection or other
tangible personal property
.
Avoid tax on capital gains with
securities
.
Make a gift of an asset no longer needed and generate an income tax deduction through a
real estate gift
.
Give your personal residence, vacation home or farm now but continue to live there with a
remainder interest in property
.
Oil, Gas and Mineral Interest
.
Sell an asset to the LBF for less than fair market value and qualify for an income tax deduction for the difference through a
bargain sale
.
Make a large gift with little cost to yourself with your
life insurance policy
.
Name the LBF as the beneficiary of your policy with a
life insurance beneficiary designation
.
Supplement income with steady payments that are partially tax-free with
charitable gift annuities
.
Secure a fixed income and supplement your retirement funds with
charitable remainder trusts
.
Reduce gift and estate taxes on assets you pass to children or grandchildren through
charitable lead trusts
.
Avoid the twofold taxation on IRAs or other employee benefit plas by naming the LBF on your
retirement plan
.