Gifts of Securities. A transfer of securities to the Greenburgh Public Library Foundation allows you to make a gift and receive a charitable deduction equal to the full fair market value of the securities. You pay no capital gains tax on your gift nor does the Foundation if it chooses to sell the securities. The Foundation can provide you with more detailed information if you are interested in making a gift of securities. Gifts of Property.
Real property is simply real estate a home, farm, or other land.
Personal property includes cash, securities, artwork, patents, copyrights, and other items that have a determinable value. Some deferred gifts are straightforward, such as a bequest in a will. The most common form of deferred gift is a bequest from the donor's will. A trust is a legal instrument that has a finite life. The same basic ideas employed through a will can apply to charitable giving through a trust.