Most charitable gifts to Holland Christian Home are given in the form of cash because this is so familiar. However, this may not be the most cost-effective way for you to give.
You can increase your potential impact – and experience significant tax savings – by giving non-cash assets.
Examples of Non-Cash Assets
- Stock or marketable securities
- Real estate
- Business interests
- Farm commodities
- Life insurance
- Retirement benefits, such as Gifts From Your IRA
Benefits of Giving Non-Cash Assets
- Tax-wise. Receive a fair market value deduction at the time of your gift and avoid tax liability on the sale of appreciated assets.
- Eliminate hassles. Give assets you no longer need or want to manage (such as rental properties of vacation homes) for the benefit of Holand Christian Home.
Explore More Options for Planned Giving
Free Resource
Request your free copy of “Non-Cash Assets: Gifts That Reduce Taxes.”
Learn More
To learn more about gifts that pay you income or other smart and powerful giving options, contact the Foundation at 973-427-4087 or foundation@hchnj.org.