Types of Gifts

Please contact Steve Vedra, Vice President of Development, if you have questions and/or would like to discuss your charitable gift interests.

317-284-0210
Steve.Vedra@delts.org

Outright Gifts

Cash

Write a check or use your credit card. Cash is easy to give and you’re entitled to an income tax deduction for the full amount of the gift.

Securities

Transfer appreciated assets (stocks, bonds) held for more than one year to us and enjoy an income tax charitable deduction for the full market value. No capital gains tax is due on the appreciated value.

Closely Held Stock

Donate closely held stock. Restricted stock can be repurchased by the corporation later. You enjoy a charitable deduction equal to the appraised value of the stock with no capital gains tax due.

Tangible Personal Property

Donate gift property that can be used for our exempt purposes, and enjoy an income tax deduction for the full fair market value.

Life Income Gifts

Charitable Gift Annuity

Donate cash or securities in exchange for fixed annuity payments. Enjoy a current income tax deduction for the gift and tax-free return of principal. Also, when the donor is the annuitant, any capital gains tax due is spread over the donor’s lifetime.

Charitable Remainder Annuity Trust (CRAT)

Create a trust that pays a specific annual benefit for up to 20 years or for the life of the beneficiary(ies). When the donor payout ends, trust property transfers to us. Enjoy a current income tax charitable deduction and avoid immediate capital gains tax on the transfer when the trust is funded with long-term appreciated property.

Charitable Remainder Unitrust (CRUT)

Create a trust that pays annual payments to the beneficiary(ies) equal to a specified percentage of the value of the trust each year. Since the value of trust assets may vary, payments may also vary from year to year. When the donor payout ends, the trust assets are distributed to us. In addition to income from the trust, you also are entitled to a charitable income tax deduction for the value of our remainder interest in the trust assets.

Revocable Gifts

Bequest—A Gift Made Through Your Will

Establish a gift in your will that reflects your most personal and important lifetime concerns. Bequests are among the most popular and widely used planned gifts because a bequest can be changed, costs you nothing as long as you live, and provides an estate tax deduction equal to the value of gifts to charity.

Revocable Living Trust

Create a trust that can be revoked or changed during your lifetime which directs the disposition of your assets including charitable gifts. A Revocable Living Trust can minimize the cost and delays associated with probate; facilitate asset transfer; provide privacy and, unlike a will, assure asset management continuity in the event of disability or death.

Retirement Plan Assets

Add a charitable beneficiary designation to your qualified retirement plan. You can use a retirement plan to realize philanthropic goals and avoid income tax on plan assets.

Other Gifts

Donor Advised Fund

Make an irrevocable gift to a fund maintained by a charitable organization and enjoy an income tax charitable deduction for the full amount of the gift. As the name implies, the donor can advise the fund regarding distribution; however, donors may not place material restrictions on the fund.

IRA, 401(k), Other Pension Assets

Name us as the beneficiary of the balance of your retirement plan assets. Enjoy potential estate and income tax benefits.

Retained Life Estate

Donate a home and retain the right to live in the property for the rest of your life. Enjoy a current income tax charitable deduction on the value of our remainder interest in the home.

Charitable Lead Trust

Create a charitable lead trust that benefits us for a number of years, returns assets to your beneficiaries, and minimizes taxes.

Life Insurance

Simply make us the beneficiary of a paid-up life insurance policy. Or, use life insurance to replace assets your heirs would have otherwise inherited in the absence of your charitable gift. With wealth replacement, you realize important philanthropic goals during your life and provide for your heirs at your death.