Gift Comparison Chart
| Type of Gift | Definition/Explanation | Benefit to You |
| Bequest by Will | Gifts you make by naming a charity in your will. | Gives you flexibility in providing for family needs first. |
| Life Insurance | Gifts of old or new policies with a charity named as beneficiary and owner. | Immediate income tax deduction for gift’s value, plus possible estate tax savings. Provides a way to make a significant gift with little expense. |
| Retirement/IRA | Gifts made by naming a charity as remainder beneficiary after your death. | Avoids income tax on the plan, in addition to possible estate tax. Preserves plan’s value and allows you to leave heirs less costly benefits. Within IRS guidelines. |
| Stocks, Bonds, & Mutual Funds | Giving securities that have increased in value provides unmatched benefits. | Avoid capital gains on appreciated securities. Securities may be used to fund a gift annuity or other life income plan. |
| Real Estate | Gifts of real property, either in full or with a retained life estate. | Immediate income tax deduction for the charitable value of the gift, plus no capital gains tax due. Can allow you to live in your home and still receive charitable deduction. |
| Charitable Remainder Trust | Trust that pays a set income to you or those you name before a charity receives remainder. | Income tax savings from deductions. No capital gains tax liability. Possible estate tax savings. Provides fixed annual income for donor or other beneficiary. |
For more information or to make a donation, contact
Sister Mary Ellen Green, OP
585 County Road Z
Sinsinawa, WI 53824-9701
Phone (608) 748-4411, ext. 273
E-mail develop@sinsinawa.org
Neither the author nor this organization is engaged in rendering legal or tax advisory service. You should consult your attorney or tax advisors about the applicability of the legal principles contained on this web page.