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A Charitable Gift Annuity (CGA) may be funded with unique or hard-to-liquidate assets as well as cash or marketable securities.  Charities face risks inherent in using real estate (or other non-cash assets) to fund an annuity: that of making the annuity payments before the proceeds of sale have been realized. Two commonly used tactics to…

Charitable Gift Annuities don’t need to be complicated and can address straight forward tax situations. A few months ago, a prospect came to us after having sold her residence for a price that resulted in capital gains in excess of the $250,000 lifetime exclusion. How could she minimize this capital gains tax exposure while using the…

Cryptocurrency has been in the news recently for a couple of reasons, and we thought it might be helpful to share our perspective on this interesting asset for charitable giving purposes.nnnnnnThe volatility of Bitcoin, the most well-known of the public cryptocurrencies, has led the press coverage over the past few years. Since Jan 2017, the Bitcoin has…

There are more S-Corps than C-corps and LLCs combined – but very few donations are occurring. With S-Corps, there are subtle nuances that must be considered, not the least of which include the issue of unrelated taxable income (UBTI) on profits earned (pre and post contribution gain) as well as any income during the holding…

Are you anxious about having a discussion with one of your donors about an illiquid asset gift? It doesn’t have to be difficult or complicated, and you do not need to know everything about a particular asset type. Even those new to the development role can be as effective at these conversations as the veterans…

Combining two split interest gift types into a single transaction isn’t easy. Charitable Solutions (CS) had a situation presented to us earlier this year, and through some creative thinking and careful risk management, we crafted a great gift solution for the donor. It took our CS team of Bryan, Gary, and Ryan to figure this…

This successful donation was one of the 72 illiquid asset gifts amounting to more than $350 million managed by Charitable Solutions in 2018. Among these, we noted an uptick in gifts of business interests, similar to the experience of other charities. But either because non-profits don’t have the internal expertise and capacity, or they simply walk away…

We’ve been asked from time to time to share success stories for gift situations that come across our desks at Charitable Solutions. As a first case, this gift from last fall is a good example of certain nuances of the gift acceptance process for a principal residence. CS was contacted by a charity asking for assistance…