GIFTS OF STOCK
Special Olympics Kansas gratefully accepts gifts of stock, and you can receive significant tax benefits when you give appreciated stocks and bonds. With a gift of stock, you can take a tax deduction for the full fair market value of the stock. In addition to a charitable gift tax deduction, a gift of stock offers the extra benefit of avoiding capital gains tax on your stocks’ appreciation.
GIFTS OF LIFE INSURANCE
While most people own some form of life insurance because of its unique ability to meet a variety of needs for financial protection, its role in planned charitable giving is frequently overlooked. Life insurance itself can be the direct funding medium of a gift, permitting the donor to make a substantial gift for a relatively modest outlay. Insurance can also replace the value of an asset given to a charitable organization.
For more information contact: Luke Schulte, firstname.lastname@example.org ~ 620.408.4450