Gift Comparison Chart
Gift Type | Minimum Gift Amount | Assets That Can Fund Gift | Potential Tax Benefits | Other Benefits |
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Outright Gift | N/A | cash, securities, real estate, other appreciated assets | incomes tax deduction, avoidance of capital gains | reduces size of estate, easy gift to make |
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Bequest | N/A | cash, securities, real estate, other appreciated assets | estate tax deduction | costs nothing today |
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IRA Beneficiary Designation | N/A | retirement plan | estate tax deduction, avoids excessive taxation of heirs | easy gift to make |
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Life Insurance Beneficiary Designation | N/A | insurance plan | estate tax deduction | reduces size of estate |
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Retained Life Estate | N/A | real estate (vacation home or primary residence) | income tax deduction | remain in your home, doesn’t affect your lifestyle |
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Charitable Gift Annuity | $10,000 | cash, securities | income tax deduction, deferral or reduction of capital gains tax | receive fixed lifetime income, diversify your holdings |
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Pooled Income Fund | $5,000 | cash, securities | income tax deduction, avoidance of capital gains | receive lifetime income, diversify your holdings |
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Charitable Remainder Trust | $100,000 | cash, securities, real estate, other appreciated assets | income tax deduction, avoidance of capital gains | receive lifetime income, diversify your holdings |
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Charitable Lead Trust | $100,000 | cash, securities, real estate, other assets | income tax deduction, estate tax deduction | pass assets to heirs |
Request a print copy of our planned giving booklet, Creating your Legacy, here.
The information in this chart is not legal advice. Prospective donors should seek the advice of qualified estate and tax professionals to determine the consequences of their gifts.