Making a direct gift is the simplest method of donating real estate. The deed or title is transferred from the donor to us. As the donor, you generally receive a tax deduction equal to the fair market value of the property and that deduction may be carried forward for five years.
By donating the proceeds from your personal or corporate income streams (like copyright royalties, mineral rights, rental income, perpetual lease payments, and your IRA), you can help fund programs that are making an enormous difference in the lives of those in greatest need. Donating the proceeds of your alternative assets will allow you to retain the income-producing asset, should you ever need the funds later in life or wish to pass them on to your heirs.
The IRS rules for donating some assets can be complex. If you have an income stream that is greater than what you now need, we are can help review your current circumstances and navigate the complexities of donating a portion of your assets.
To learn more, please contact us at 800-875-6370 or email us at firstname.lastname@example.org today.
Connect with Patricia Carroll, Director of Business and Finance.
EIN/Tax ID: 13-2735359
Explore Other Options to Support CMC
Real Estate and Alternative Assets
Stocks and Securities
IRA Charitable Rollover