Preserve the full market value of the asset by directly funding a gift to NMCF with appreciated property, such as stocks or real estate held more than one year. The full gift value is preserved for NMCF which would sell the asset without incurring tax. There is no capital gain tax to the donor.

Donors also benefit from both a state and federal income tax deduction for the full market value of the gift. The full gift value is deductible for taxpayers who itemize. In the case of appreciated property, deduction is limited to 30% of adjusted gross income in the year of the gift, but excess deductions can be used in the subsequent five years as a carryover.

Interested in speaking to NMCF about the options mentioned above? Contact us.