A gift of stocks, mutual funds, or other publicly traded securities earns you an income tax charitable deduction equal to the fair market value of the securities on the date you give them, applicable to any securities that you have owned for more than one year. The transfer of
appreciated stock to a named charity, such as Rocky Mountain PBS, can also avoid capital gains taxes. If you hold assets that have declined in value, and would like to make a gift, it may be to your advantage to sell the property and perhaps generate a deductible loss. The proceeds may then be donated as a tax-deductible contribution, further reducing your income taxes.
You can make a gift of a home or certain other real estate while retaining the use of the property for as long as you live. Using a life estate arrangement, you can make a gift of your home or farm now, but retain the security of knowing you may live there as long as you wish. The satisfaction of giving, as well as a tax deduction, is enjoyed now rather than later. You continue to take care of the property, pay the taxes, and even receive any income it generates. But, because you have made a gift of the property by deed, it does not pass through your probate estate at death, possibly saving unnecessary expenses and delays.
Rocky Mountain PBS is also able to accept your donation of a used vehicle.
After World War II newlyweds Roger and Maria came to Denver to set up their first home. During the lean times, their "date night" included holding hands while watching their favorite public television programs. Through the years their annual Rocky Mountain PBS membership increased with the importance they placed on public television as a source of enjoyment and lifelong learning. Maria recently lost her battle with cancer. But before she passed away, she and Roger set up a life estate arrangment to designate Rocky Mountain PBS as the beneficiary of their home. Roger continues to live in their home and enjoys watching public television. He says he is proud that when he follows Maria, their home will be given in her honor to help secure the future of Rocky Mountain PBS.
As with any major gift, you should consult with your attorney or financial advisor for help in deciding what is best in your own situation.
To discuss planned giving options, please contact the Rocky Mountain PBS Planned Giving Office:
Patrick C. Schaefer, Major Gifts & Planned Giving Manager
303-620-5706
E-mailJaleh Bratton, Major Gifts Officer
303-620-5626
E-mailAmy Corpuz, Philanthropy Assistant
303-620-5690
