Donate Gifts of Stock to Family House

Gifts of Stock
Your stock portfolio, along with your main residence, is usually one of the most valuable assets you own. Even with the inevitable ups and downs of the stock market, it is likely that your portfolio has, over the years, appreciated in value. When you donate publicly traded stocks you have owned for more than one year to Family House, you avoid capital gains taxes. The simplest was to give a gift of stock to Family House is to transfer the stock directly from your brokerage account to Family House’s account. Please call 412-647-5811 for information on transferring gifts of stock.

Planned Giving
Planned giving is a method of including charitable giving in your long-term financial plan. As a friend of Family House, your generosity can benefit us while helping you to achieve your personal financial goals. Planned giving includes bequests from estates and life income plans, such as charitable remainder trusts.

As with all financial decisions, a planned gift should be designed with care. Family House staff will work closely and confidentially with you to help plan for your specific needs and the needs of your family.

Bequests
The most common form of planned giving is a gift made through a donor’s will. Individuals may name Family House in their wills for a specific amount or a percent share of their estate. Family House can also be a residual beneficiary of an estate after payment of bequests to others.

Charitable Gift Annuities
A gift annuity is a contract between a donor and a charitable institution. The donor makes a gift to the charity, and in return he or she receives annual payments for life, the size of which depends on the donor’s age. A portion of this type of gift is tax deductible, and not all of the annual payments will be taxed as income.

Charitable Lead Trusts
Charitable lead trusts are most appealing to donors who wish to pass appreciated assets their heirs without paying a substantial amount in taxes. This is accomplished by allowing Family House to receive income from the donor’s assets for a specified time, after which the asset is transferred back to the donor or to the donor’s heirs. The donor does pay a gift tax on the asset, which is a placed in the trust. The trust can reduce gift and estate taxes or provide a charitable deduction for the donor.

Charitable Remainder Trusts
Through charitable remainder trusts, donors can get income tax deductions and escape capital gains taxes. Many donors find the trusts appealing during retirement planning.

Life Insurance Gifts
A gift of whole life insurance can be made to Family House by naming Family House as the irrevocable owner and beneficiary of the policy. Gifts of life insurance policies require charitable contributions from the donor to Family House in the amount of any premiums, including unscheduled premiums, which may become due.

For Additional Information
For more information on making an outright gift to Family House or on any of the planned giving options outlined here, please contact our Administrative Office at 412-647-5811.

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