A charitable tax deduction is available immediately. Pooled Income Fund Gift - Contributions are pooled with those of other donors in a common fund and investment income is distributed proportionally. It provides a charitable tax deduction the year the gift is made. Life Insurance - This type of gift is appropriate for a donor who has an insurance policy that is no longer needed. The tax deduction is determined by the policy's value and whether the donor must still pay the premiums.
Bequests qualify for the unlimited estate tax charitable deduction.
Lead Trust - It provides income to Friends House during the donor's life while passing assets on to heirs at reduced gift and estate taxes. The donor maintains full use of the property for his or her lifetime and receives an income tax deduction the year the gift is made. We always appreciate knowing of a pending gift, but if you are planning to designate a gift for a particular use or if you are bequesting real or personal property, be sure to advise Friends House of your intent. The FASE Board of Directors must approve all gifts to Friends House.