Gift Planning

CSM President Dr. Bradley Gottfried, his wife, Linda, and with scholarship recipient Emma Ansell

My wife, Linda, and I have pledged a blended leadership gift to support scholarship initiatives, with a cash gift and a planned gift for the future. We ask that you consider the same, an investment today and a planned gift for tomorrow. I am grateful for your continued support! - CSM President Dr. Bradley Gottfried, his wife, Linda, and scholarship recipient Emma Ansell

Securities

Gifts of Stock and Appreciated Assets process

With the stock market nearing historic highs, now may be the time to consider donating appreciated investments to CSM.

How It Works

  • You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to the CSM Foundation.
  • CSM sells your securities and uses the proceeds according to your designation.

Benefits

  • You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer (even if you originally paid much less for them).
  • You pay no capital gains tax on the transfer when the stock is sold.
  • Giving appreciated stock can be more beneficial than giving cash. The "cost" of your gift is often less than the deduction you gain by making it.

Is This Gift Right for You?

  • A gift of appreciated securities is for you if…
  • You're holding stocks, bonds, or mutual fund shares that have increased in value – especially if you don’t know the cost basis.
  • You want to make a gift that doesn't affect your liquidity or cash flow.
  • You want to diversify your assets without having to pay the capital gains taxes that would result from a sale.

Will

Gifts through one’s will one must identify a specific amount, asset or percentage to the CSM Foundation. This can be done by working with a lawyer. Please make sure that you identify CSM Foundation, Inc. as the recipient.


Life Insurance Policy

CSM Foundation, Inc. can be named as the beneficiary of an existing or new life insurance policy. The policy can be the direct funding medium of a gift, permitting the donor to make a substantial future gift, with immediate tax benefits.


Charitable Gift Annuities

Consider establishing a life income gift that will provide current income to you and your loved one while providing significant tax benefits. Your gift may allow you to:

  1. Bypass capital gains tax
  2. Claim a charitable income tax deduction
  3. Establish a lifetime income stream

More Planning Giving Options

Cash
(outright gift)
Any age and any income/estate levelIncome tax deductionImmediate use for our needs
Long-term appreciated securities
(outright gift)
Any age and any income/estate levelIncome tax deduction; avoidance of capital gains taxImmediate use of income or sale proceeds
Personal property for related use by us
(outright gift)
Any age and any income/estate levelIncome tax deduction; avoidance of capital gains taxImmediate use of property
Real property
(outright gift)
Any age and any income/estate levelIncome tax deduction; avoidance of capital gains taxImmediate use of property or its income and sale proceeds
Life insurance policyAny age and any income/estate levelCurrent and possible future income tax deductionsUltimate use of policy proceeds
Bequest
(through your will)
Any age and any income/estate levelEstate tax savingsUltimate use of gift
Charitable gift annuity*Over age 60 and retired, with a modest income/estateFixed lifetime payments (partially tax-exempt); estate and income tax savingsUltimate use of gift
Deferred payment gift annuity*Age 40-60 and employed, with a moderate income/estateSupplemental retirement plan; estate and income tax savingsUltimate use of gift
Charitable remainder annuity trustOver age 60 and retired, with a high income and sizeable estateFixed lifetime income; estate and income savingsUltimate use of gift
Charitable remainder unitrustAge 60-75 and retired, with a high income and sizeable estateVariable lifetime income as inflation hedge; estate and income tax savingsUltimate use of gift
Unitrust with term of 20 yearsOver age 80, with a potentially taxable estateIncome for self now and beneficiaries later; income and estate tax savingsUltimate use of gift
Charitable lead trustOver age 60 and retired, with a high income and large estateAbility to pass property to others with reduced gift and estate taxesUse of income for term of trust
Gift of home, retaining life useOver age 70, with modest income/estateIncome tax deduction; retained use of home; estate tax savingsUltimate use of property or its sale proceeds

 

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