Great tax benefits exist for those who give. Here are some of the gifts and associated benefits you should know about.
Donor-Advised Fund
A donor-advised fund can provide you with immediate tax benefits while making your charitable giving easier for years to come. Might a donor-advised fund be right for you? Here’s how it works.
Retirement Assets
A gift of your retirement assets, such as an employee retirement plan, IRA, or tax-sheltered annuity, is an excellent way to make a gift. A gift of these assets can shield your heirs from taxes while funding UUSC's future.
Real Estate (Retained Life Estate)
Donate your home, farm or a second home to UUSC and receive an immediate income tax charitable deduction, while retaining the right to live in your home for the rest of your life. If you itemize your deductions instead of taking the standard deduction you could save significant income taxes. If you cannot use your entire deduction in the year of your gift, you may carry forward all unused deduction for up to five additional years if you are able to itemize in each of those years.
Bargain Sale
Receive immediate cash and make a gift to Unitarian Universalist Service Committee by selling to us a valuable asset, such as real estate, for less than it is worth.
Charitable Lead Trust
Make a substantial gift to Unitarian Universalist Service Committee in the form of fixed annual payments and pass assets to your family or other heirs at reduced tax cost.