The Executive Director is available to work with you and your attorney to discuss how you can include the Mission in your estate plans. Gifts of appreciated securities or stock can be one of the best and most advantageous ways of giving . If your gift of stock is one you have owned for more than a year, you may deduct the full fair market value of the stock as a charitable contribution, while bypassing all capital gains taxes. Real Estate is treated the same way as gifts of appreciated stock. If you have owned the property for longer than a year, you can deduct it as a charitable contribution at the fair market value of the real estate without paying capitol gains tax.
Life insurance is a unique way to give to charity.
To qualify, the Mission needs to become the owner and beneficiary. No incidents of ownership should be retained. If the policy is paid up, your charitable contribution is generally the replacement value or cost basis of the policy, whichever is less. Ongoing premiums paid on a gifted life insurance policy also qualify for charitable deductions. Gifts of tangible personal property related to the charity's exempt purposes are fully tax deductible at fair market value.