GIFTS OF APPRECIATED SECURITIES
If you have marketable securities that have grown in value, the tax laws make it possible for you to make a gift at a remarkably low after-tax cost.
A gift of appreciated securities qualifies you for an income tax charitable deduction equal to the value of the gifted securities, and it may also reduce or eliminate the long-term capital gains tax on your unrealized capital gain.
Typically, a sale of appreciated securities results in a tax, and you keep only part of the profit. However, if you give those same appreciated securities to the Mile Hi Church Foundation, there is no tax on your gain.
GIFTS OF REAL ESTATE
The tax benefits of appreciated real estate are very similar to those for gifts of appreciated securities.
First, you avoid capital gain tax on the growth in value. Second, you receive an income tax charitable deduction for the full fair market value of the property contributed. Gifts of appreciated real property may be transferred to the Mile Hi Church Foundation.
As with gifts of cash and appreciated securities, real estate gifts can be made outright or through an income-producing gift arrangement. It is also possible to make a tax-deductible current gift of your home while you continue to live in and enjoy it.
PERSONAL PROPERTY AND OTHER ASSETS
Antiques, paintings, and other “collectibles,” even patents and copyrights, can be valuable assets for giving.
In many cases, the same tax rules that apply to securities and real estate apply to these gifts.
CARS HELPING CHARITIES
Donate your car through Cars Helping Charities and support the Mile Hi Church Foundation.
Cars, trucks, boats, or any other type of vehicle are all accepted, and proceeds from donations benefit the Mile Hi Church foundation and help ensure the teachings of Mile Hi Church are available for years to come.
For more information, check out Cars Helping Charities.