A charitable tax deduction is available immediately. Pooled Income Fund Gift - Contributions are pooled with those of other donors in a common fund an 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.