Direct gifts can be made using cash, publicly traded securities, real estate, or closely held stock. These gifts provide immediate financial support to the charities and causes you designate.
A Minnesota couple in their 70's with highly appreciated stock wanted to create a charitable fund and have the flexibility to recommend grants to a variety of charities over time.
- You receive an immediate charitable deduction.
- You may be able to bypass capital gains.
To discuss your options, please contact an LCF Gift Planner via email or by calling 800-365-4172.
The Donors
A Minnesota couple in their 70's with highly appreciated stock wanted to create a charitable fund and have the flexibility to recommend grants to a variety of charities over time.Their Gift
- The donors made an outright gift of stock to create a charitable fund.
- Because the Foundation, a charity, sold the stock, the donors avoided taxes on the capital gain and also received a charitable deduction for the gift.