Gifts of real estate can provide both a tax deduction for you as well an important support for Rocky Mountain PBS. Your primary home, a vacation home, farm, or commercial property can relieve you of property taxes, provide a tax deduction, and give you the satisfaction of supporting Colorado public television in a substantial way.
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RETAINED LIFE ESTATE is a gift plan defined by federal tax law, allowing the donation of a
personal residence (to include a vacation home) or farm with the donor retaining the right to life enjoyment. A life estate may be retained for one or more lives (passed down through family) or it may be retained for a term of years. All routine expenses, maintenance fees, property taxes, repairs, etc – are the responsibility of the donor. The donor receives income tax benefits in the year of the gift (the property is irrevocably deeded to the charity) as well as estate tax benefits.
JOINT TENANCY is a type of ownership where any two or more persons, related or not, may own property and the property passes to the survivor or survivors on the death of one. This passing is not automatic, as some think, and the procedure for passing will depend on local law. But, this form of ownership does have the advantage of allowing property to pass to the survivor without delays of probate and court administration costs.
Planned gifts to Rocky Mountain PBS may be designated to go to the
Rocky Mountain PBS General Endowment Fund. Gifts to the General Endowment Fund are permanently invested for the future while the earnings help to provide quality public television programs and services.
Your lawyer will need the following information:
Legal name: Rocky Mountain Public Broadcasting Network, Inc.
Address: 1089 Bannock Street, Denver, CO 80204Tax Identification number: 84-0510785
RMPBS Contact: Patricia Laverty
RMPBS Phone: 303-620-5729 Fax: 303-620-5600
All planned giving donors receive membership in the
Rocky Mountain PBS Pinnacle Club as recognition of your commitment to our future success. In appreciation of their generosity, Pinnacle Club members are invited to special events and other network activities and, if they wish, are acknowledged on-air and in other Rocky Mountain PBS publications.
Thank you very much for your interest in including Rocky Mountain PBS in your estate plans.
To discuss planned giving options, please contact the Rocky Mountain PBS Planned Giving Office:
Patricia Laverty, Manager of Philanthropic Giving
303-620-5706
E-mail