Cooke Wealth Management

View Original

The Power of Non-Cash Giving

By donating appreciated non-cash assets  before the sale, you can significantly multiply your total giving.  At time of gift you can receive an immediate tax-deductions for the fair market value of your gift and reduce or even eliminate capital gains tax - more goes into the ministry and the money that would have gone to the government goes to your favorite charities.

Some of the best non-cash assets to give include real estate, closely-held business ownership, stocks, bonds, mutual funds or ETFs.

LEARN MORE...

In most cases, your financial advisor can help you get started with your giving strategy and help you consider how using your investments in that strategy might be meaningful.

Here's a video from our friends at National Christian Foundation or at their website ncfgiving.com.

See this content in the original post