|
||||||||
![]() ![]() |
||||||||
Gifts of appreciated securities, stocks or real estate may provide important tax advantages to donors who have held assets for a long period of time. A life insurance policy naming the Foundation as beneficiary can create a substantial future gift with small premium payments. Donors may name the Santa Fe Community Foundation the beneficiary of their IRA accounts or other retirement assets. This is an excellent way for donors to make a gift of the asset that is usually the most heavily taxed. People who care about Northern New Mexico may name SFCF in their wills or other estate plans. Even though the gift will be realized later, the donor is honored and recognized as a member of our Piñon Legacy Society. Life income gifts: charitable gift annuities, charitable remainder and charitable lead trusts. A donor may wish to make a contribution to charity, but needs income now or for future expenses. These giving techniques allow donors to satisfy charitable goals and receive tax benefits during their lifetimes.
Foundation assets: Private foundations may find it economical to transfer assets to a named fund within the Santa Fe Community Foundation. The purpose of the fund continues as before with the added advantages of public charity status and professional staff to review and process applications, file federal tax returns and perform other administrative tasks. This arrangement can result in dramatically reduced administrative costs and increased tax savings for donations of appreciated property, which results in benefits for charitable beneficiaries.
For more information, contact Development Director Valerie Ingram or call 505.988.9715 ext. 4. |
||||||||