Philanthropic donations are often made for reasons that have as much to do with the donor as with the institution receiving the gift. Planned Giving refers to our constant efforts to encourage and facilitate such donations to Caedmon. Aside from cash gifts and pledges, there are several other ways you or your financial advisor might find ways to make a donation to Caedmon, while reaping substantial benefits for yourself or your family.
A few of these are
Cash Gifts and Pledges are income tax deductible for the year in which payments are made.
Securities are deductible for the year they are given, and at their market value on the day of transfer.
Appreciated Properties can be given outright to avoid capital gains tax.
Closely Held Stocks allow a deduction equal to the fair market value of the stock, and may reduce liability from accumulated earnings tax.
Properties That Have Lost Valuecan be sold and the cash gain contributed to Caedmon, thereby allowing a deduction for both the loss and the charitable gift.
Life Insurance Policies may be surrendered for cash value and given to Caedmon, earning a deduction for that value; may also name Caedmon as beneficiary, in which case both the value of the donor’s investment and gifts to cover premiums are deductible as contributions.
Bequests can be made through a donor’s will, trust, or retirement plan.