Asset, Income & Tax Benefits

While taxes aren't the primary reason people give, there are certainly benefits in gift planning to help take advantage of minimizing taxes and maximizing assets and sometimes even income. CFAD does not provide tax, legal or financial advice, but we can offer educational resources on many options and work with you and your professional advisor(s) so your giving plan is structured how you desire with us and your favorite Catholic causes.

Here are some ways we see people incorporate their charity to maximize giving and minimize taxes through a donation for a tax deduction or other tax-beneficial gift.
 

• Giving from an IRA (Qualified Charitable Distribution) saves you paying taxes on your required minimum distribution

• Charitable Gift Annuity provides you income for life and a charitable tax deduction

• Donor Advised Funds act as a charitable investment accounts with many tax and other benefits

• Life Estate Reserved: receive a charitable tax deduction while still living and using your home or farm

• Gifts of Stocks & Bonds: avoid paying capital gains tax on the sale of appreciated stock and receive a charitable tax deduction

Many other options exist and could be beneficial depending on your situation. Contact us today to learn more.

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