The most common forms of securities gifts are shares of stock, bonds, and shares of mutual funds. You may find that securities are the most attractive assets to give, because they are often highly appreciated, easily transferred, and in most cases, easily valued for deduction purposes without the need for a formal appraisal. Publicly traded securities are the most common form of non-cash charitable gifts.

Typical Donor Scenario:

Wants to transfer securities prior to sale.

Holds publicly traded securities.

Holds securities that are highly appreciated in value.

Gift benefits:

Avoidance of capital gains taxes.

Gift can be timed to match changes in the market.

Deduction based on fair market value.

How Do I Make a Gift of Securities?

If you hold the securities in your possession, they may be sent directly to PerpetualEndowments.org. How you proceed depends on how your individual securities are held. If the stock, bond, or mutual fund share is held in a brokerage account, you will need to work with your broker to complete the transaction. PerpetualEndowments.org will work directly with you and your broker to correctly complete your gift.

Commercial Real Estate

Commercial Real Estate is a very common gift. PerpetualEndowments.org will be glad to assist you with your donor requests. In your real estate portfolio, you may have commercial properties from which you have received significant rental income and depreciation benefits. These commercial properties may now present undesirable challenges, including the need for time-consuming management, an obligation to pay increased maintenance costs, and the prospect of substantial capital gains taxes if the property were sold. By giving your commercial real estate to PerpetualEndowments.org you are relieved of management responsibilities, avoid capital gains taxes, reduce your estate tax, and fulfill your charitable and family objectives.

Typical Donor Scenario:

Desires to reduce management responsibilities.

Owns commercial real estate that is without debt.

Holds title to the commercial real estate.

Has taken advantage of available depreciation.

Gift benefits:

Avoidance of capital gains taxes

Gift can be timed to take advantage of market value

How Do I Make a Gift of Commercial Real Estate?

A gift of commercial property to PerpetualEndowments.org must be reviewed and evaluated by PerpetualEndowments.org. We will be happy to assist you with this process. An evaluation of specific information about the commercial property must be completed and sent to PerpetualEndowments.org. Once the evaluation is received, the process may take up to 90 days to complete. This process may include a physical inspection, environmental assessment, title report, appraisal, etc. You will receive notification of the results as soon as possible.

All donations should be done in consultation with an accountant or legal advisor. It is also essential that your professionals determine if your gift will make you liable for any state or federal taxes. Please understand that PerpetualEndowments.org is a for-profit charitable organization and therefore we recommend consulting a tax professional before donation.

Personal Residence

A personal residence may be an ideal gift under the right circumstances. A personal residence may take the form of a single-family house, a condominium, or a duplex. It may be owner-occupied or may be rented. If you give your residence outright to PerpetualEndowments.org, you avoid capital gains tax on the amount, if any, your residence has increased in value since you purchased it, and you are not subject to gift or estate taxes since the value of your residence is removed from your estate.

Typical Donor Scenario:

Has paid off the mortgage.

Holds clear title to his or her personal residence.

Does not plan to pass the personal residence to heirs.

Desires to live someplace other than the personal residence.

Gift benefits:

Avoidance of capital gains taxes

How Do I Make a Gift of a Personal Residence?

A gift of a personal residence to PerpetualEndowments.org must be reviewed and evaluated by PerpetualEndowments.org. We will be happy to assist you with this process. An evaluation of specific information about the property must be completed and sent to PerpetualEndowments.org. Once the evaluation is received, the process may take up to 90 days to complete. This process may include a physical inspection, environmental assessment, title report, appraisal, etc. You will receive notification of the results as soon as possible.

All donations should be done in consultation with an accountant or legal advisor. It is also essential that your professionals determine if your gift will make you liable for any state or federal taxes. Please understand that PerpetualEndowments.org is a for-profit charitable organization and therefore we recommend consulting a tax professional before donation.

Farm or Ranch

The family farm or ranch can make an ideal gift to PerpetualEndowments.org. Family farms and ranches may create difficult estate management issues since children frequently do not wish to continue farming or ranching. Selling your farm or ranch in an estate sale often results in an undervalued sale price and the loss of what you and your ancestors have spent years building. A gift of your farm or ranch PerpetualEndowments.org in conjunction with other parts of your financial and estate plan can eliminate many of these challenges.

A typical ranch or farm consists of land, equipment, livestock, and crops. Each of these elements should be considered separately in the planning process to help you and your family achieve your charitable objectives.

Typical Donor Scenario:

Has paid off the mortgage.

Holds title to the farm or ranch.

Does not have children who want to continue farming or ranching.

Desires to reduce management responsibilities.

Gift benefits:

Avoidance of capital gain taxes

How Do I Make a Gift of a Farm or Ranch?

A gift of a farm or ranch to PerpetualEndowments.org must be reviewed and evaluated by PerpetualEndowments.org. We will be happy to assist you with this process. An evaluation of specific information about the property must be completed and sent to PerpetualEndowments.org. Once the evaluation is received, the process may take up to 90 days to complete. This process may include a physical inspection, environmental assessment, title report, appraisal, etc. You will receive notification of the results as soon as possible.

All donations should be done in consultation with an accountant or legal advisor. It is also essential that your professionals determine if your gift will make you liable for any state or federal taxes. Please understand that PerpetualEndowments.org is a for-profit charitable organization and therefore we recommend consulting a tax professional before donation.

Unimproved Property

Real estate in the form of unimproved property is a common gift to PerpetualEndowments.org. Your unimproved property may have increased substantially in value during the time you have owned it. By selling such property, you will face substantial capital gains taxes. If you gift the property to PerpetualEndowments.org you avoid capital gains tax, may reduce your estate tax, and advance long-term charitable and family objectives.

Typical Donor Scenario:

Holds title to the unimproved property.

Owns the unimproved property without debt.

Wants to make a significant gift to charity.

Gift benefits:

Avoidance of capital gains taxes.

Gift can be timed to take advantage of changes in market value.

How Do I Make a Gift of Unimproved Property?

A gift of unimproved property to PerpetualEndowments.org must be reviewed and evaluated by PerpetualEndowments.org. We will be happy to assist you with this process. An evaluation of specific information about the property must be completed and sent to PerpetualEndowments.org. Once the evaluation is received, the process may take up to 90 days to complete. This process may include a physical inspection, environmental assessment, title report, appraisal, etc. You will receive notification of the results as soon as possible.

All donations should be done in consultation with an accountant or legal advisor. It is also essential that your professionals determine if your gift will make you liable for any state or federal taxes. Please understand that PerpetualEndowments.org is a for-profit charitable organization and therefore we recommend consulting a tax professional before donation.

Art

A painting, sculpture, or other piece of fine art can make an ideal gift. Whether purchased or inherited, selected works of art in your personal collection that you have enjoyed may now provide more enjoyment and fuller use if given to PerpetualEndowments.org. Gifts of art can be widely used for educational and display purposes. Occasionally, pieces of art may be sold and the proceeds made available to meet high-priority needs.

Typical Donor Scenario:

Does not desire to pass the art to heirs.

Has enjoyed using the art.

Wants others to enjoy the art.

Desires to make a meaningful gift.

Gift benefits:

Gift can be timed to take advantage of changes in market value.

Deduction based on fair market value.

Avoidance of capital gains taxes.

How Do I Make a Gift of Art?

A gift of art to PerpetualEndowments.org must be reviewed and accepted. Acceptance of an art gift is based on a number of factors:

Availability of appropriate display space

Condition of the art

Potential educational value

Harmony with existing art collections

PerpetualEndowments.org will be pleased to assist you in reviewing your particular piece of art and determining if it is an appropriate gift. If you do make a gift of art, details regarding delivery and insurance of your art gift can be discussed.

All donations should be done in consultation with an accountant or legal advisor. It is also essential that your professionals determine if your gift will make you liable for any state or federal taxes. Please understand that PerpetualEndowments.org is a for-profit charitable organization and therefore we recommend consulting a tax professional before donation.

Cash Value Life Insurance Policy

Life insurance is a valuable gift option that is often overlooked. Life insurance is frequently purchased as part of an overall financial or estate plan. As circumstances in life change, the need for insurance may diminish. A gift of a paid-up policy can provide tremendous benefits to PerpetualEndowments.org.

Typical Donor Scenario:

Wants to ensure completion of a significant gift.

Has outgrown the need for the insurance protection.

Uses the gift of insurance as part of an overall financial plan.

Has paid into the policy for several years.

Gift benefits:

Flexibility in completing various giving plans

Immediate income tax deduction available to 50 percent of adjusted gross income

How Do I Make a Gift of a Life Insurance Policy with Cash Value?

To transfer ownership of an existing policy to PerpetualEndowments.org, obtain a "change of ownership and beneficiary" form from your agent or insurance company. You should complete those portions of the form pertaining to "change of ownership" and "beneficiary designation." The correct name of PerpetualEndowments.org must be used. The appropriate form and a copy of the policy should then be transferred to PerpetualEndowments.org. PerpetualEndowments.org will sign the "change of ownership" form as the new owner. If the policy is not "paid up," future premiums donated to PerpetualEndowments.org are treated as cash gifts.

All donations should be done in consultation with an accountant or legal advisor. It is also essential that your professionals determine if your gift will make you liable for any state or federal taxes. Please understand that PerpetualEndowments.org is a for-profit charitable organization and therefore we recommend consulting a tax professional before donation.

Other Facts You Should Know about a Gift of Life Insurance with Cash Value

Two forms of life insurance are typically donated: paid-up "whole life" and "universal life." A whole life policy usually has cash value that may be used for the immediate needs of perpetualendowment.org. Universal life policies can usually be structured so that it will not require future premiums after a period of years.

The charitable income tax deduction for a partially paid-up policy is based on the "interpolated terminal reserve" (ITR) and not the policy's cash value. Use of the ITR for gift valuation purposes is an Internal Revenue Service regulatory requirement. The ITR value is an amount which reflects the daily current value of the policy and is slightly more than the cash surrender value (the amount the insured would receive) if the policy were cashed-in to the insurance company.

Tangible Personal Property

Tangible personal property such as coin and stamp collections, antiques, books, and jewelry—along with software, equipment, boats, yachts, automobiles, and aircraft—are referred to as tangible personal property. Whether purchased or inherited, collectibles that you have enjoyed may now provide more enjoyment and better use if given to PerpetualEndowments.org. Gifted items may be used for display, assist in the classroom, or sold for charitable purposes.

Typical Donor Scenario:

Does not intend to pass the property to heirs.

Wants to make an important gift to charity.

Has enjoyed using the tangible personal property.

Wants others to enjoy using the property.

Gift benefits:

Avoidance of capital gains taxes

Gift can be timed to take advantage of changes in market value

How Do I Make a Gift of tangible personal property?

A gift of a collectible or other tangible personal property to PerpetualEndowments.org must be reviewed and accepted. Acceptance of these gifts is based on a number of factors:

Potential educational value

Condition of the tangible personal property

Details of delivery and insurance can be discussed with PerpetualEndowments.org. For tax purposes, you must obtain your own appraisal to determine the fair market value you claim on your income tax return.

All donations should be done in consultation with an accountant or legal advisor. It is also essential that your professionals determine if your gift will make you liable for any state or federal taxes. Please understand that PerpetualEndowments.org is a for-profit charitable organization and therefore we recommend consulting a tax professional before donation.

How Do I Make a Gift of tangible personal property?

Tangible personal property can make an ideal gift. The gift made through your will or trust allows you and your family members to enjoy the collectible or other tangible personal property during your lifetime. Then, at your death, the collectible or other tangible personal property is transferred to PerpetualEndowments.org.

Other Facts You Should Know about Tangible personal property:

If tangible personal property gifts have been held by the donor for less than a year, they are considered short-term property. If the property has been held more than one year it is considered long term. You may want to consider holding the property until a year passes to take advantage of long-term treatment. PerpetualEndowments.org will be happy to discuss these options with you.

Inventory or Equipment

Individuals and corporations can change and save lives by donating unused equipment or unsold inventory and supplies. Such gifts can be effectively used by the recipient for humanitarian, educational, or operational purposes.

Example 1:
A corporation donates scientific or computer equipment to PerpetualEndowments.org, to provide students with access to the latest technology for research and higher learning.

Example 2:
An individual works for a corporation and notices unsold inventory or overstocked equipment that may be donated PerpetualEndowments.org. The donor contacts PerpetualEndowments.org, which determines how and if we can direct the items to those in need. The items are picked up and distributed, where the donated items can literally save and change the lives

Typical Donor Scenario:

Is sensitive to the needs or plight of others.

Has access to unused equipment or unsold inventory.

Has a desire to benefit a charitable cause.

Sees an opportunity to distribute goods.

Gift benefits:

Demonstrates the corporation or individual is socially conscious

How Do I Make a Gift of Equipment or Inventory?

Gifts of equipment—such as medical devices, scientific instruments, computers, and machinery—can be transferred to PerpetualEndowments.org as an outright gift or a bargain sale. We will be pleased to assist you in reviewing the type of equipment or particular piece of equipment you wish to donate to determine if it is an appropriate gift. If you wish to make a gift of equipment, discuss details regarding delivery with us.

Equipment can make an ideal gift. A gift of equipment made through your will or trust allows you to use and benefit from the equipment during your lifetime. Then, at your death, the equipment is transferred to PerpetualEndowments.org

Other Facts You Should Know about a Gift of Equipment or Inventory

For tax purposes, you must obtain your own appraisal from a qualified appraiser, based on the type of equipment or inventory given, to determine the fair market value. Your tax return must include IRS form 8283 signed by your appraiser. An appropriate form of ownership-transfer document should be properly completed and delivered to PerpetualEndowments.org along with other pertinent documents.

All donations should be done in consultation with an accountant or legal advisor. It is also essential that your professionals determine if your gift will make you liable for any state or federal taxes. Please understand that PerpetualEndowments.org is a for-profit charitable organization and therefore we recommend consulting a tax professional before donation.

Royalties, Patents, or Copyrights

Patents, oil and gas royalties, music royalties, copyrights, and similar assets are termed "intangible personal property." Most of these assets, also known as "passive investments," require limited maintenance but can provide a substantial stream of income to PerpetualEndowments.org. If there is a market for the underlying asset, it may be sold to provide immediate benefit.

Typical Donor Scenario:

Does not currently need the income stream.

Gives his or her entire interest in the asset.

Has owned the asset for at least one year.

Wants to make a significant gift to charity.

Gift benefits:

Avoidance of capital gains taxes

Gift can be timed to take advantage of changes in market value

How Do I Make a Gift of a Patent, Royalty, or Copyright?

Gifts of patents, copyrights, royalties, and other intangible personal property can be transferred to PerpetualEndowments.org. For tax purposes, you must obtain your own appraisal from a qualified appraiser, based on the type of asset given, to determine the fair market value. Your tax return must include IRS form 8283 signed by your appraiser. An appropriate deed of gift form to transfer ownership must be properly completed and delivered to perpetualendwoments.org along with other pertinent documents.

Other Facts You Should Know about Patents, Royalties, and Copyrights

The transfer of patents, copyrights, royalties, and other intangible personal property can be complex. You should involve your financial or professional advisors in making a gift of this type of asset.

A patent is a document giving the right to produce, sell, or receive profit from a process or an invention. The term of the patent is effective for a number of years. A patent held by an inventor or a transferor is considered a capital asset. It is necessary to appraise a patent to determine its fair market value. Values are determined based on the anticipated income stream from the patent. It is important to complete the appropriate steps and documentation to complete a gift transfer.

A copyright is the exclusive ownership rights to a musical, dramatic, literary, or other artistic work. The copyright provides its owner with the right to receive or to license to others, income from production, publication, or sale of the copyright for a period of years. Any work that is copyrighted consists of two elements: the copyright and the underlying work. Both need to be gifted to obtain a charitable income tax deduction. Separately, either element will result in a gift of a "partial interest."

A royalty is the right to receive a portion of the income from or share in the profits generated by a copyright, patent, or other similar asset. When giving a royalty, it is important to transfer the underlying asset. If both the royalty interest and the underlying asset are transferred, you may be able to deduct the fair market value as determined by a qualified appraiser. Royalties may be treated either as ordinary income or a capital asset. Consult with your professional.

Oil and Gas Interests can have significant value. Giving these interests may be somewhat complicated, and you should involve your professional advisors.

All donations should be done in consultation with an accountant or legal advisor. It is also essential that your professionals determine if your gift will make you liable for any state or federal taxes. Please understand that PerpetualEndowments.org is a for-profit charitable organization and therefore we recommend consulting a tax professional before donation.