| Gift
Type |
Description |
Conservancy
Benefit |
Possible
Benefits to You |
| Charitable
IRA Rollover |
Individuals
who are at least 70 ½ years old may transfer up to
$100,000 from a traditional or Roth IRA to a 501(c)3
public charity. |
Funds
assist CLC with meeting immediate conservation and programmatic
priorities. |
Transfer
is not recognized as income or subject to income tax.
The law applies to charitable transfers made in 2006
and 2007 only. |
| Cash
Gifts |
Outright
gift |
Gift
available to CLC immediately for ongoing programs and
activities. |
Income
tax deduction, possible capital gains tax avoidance. |
| Bequests |
Leave
certain assets to CLC in your Will |
Enables
CLC to plan for future conservation projects and
activities. Bequests
of land
allow CLC to create a public conservation area on your
property or to protect your property with an easement and sell
it to generate valuable proceeds. |
Allows
you to retain ownership and management of your assets
during your lifetime. |
| Tangible
Personal Property |
Gifts
of personal property such as automobiles or jewelry |
Proceeds
from sale of personal property go to benefit land
protection programs. |
Full
value of items can be deducted from donor's taxable
income |
| Marketable
Securities |
Gifts
of securities such as stocks, bonds, and mutual fund
shares. |
CLC
will sell marketable securities and use the proceeds to further
its land protection efforts. |
Tax
deduction based on the mean between the lowest and
the highest share price on the day of the transfer. |
| Charitable
Remainder Trust |
You
place assets in a trust, managed by an outside
trustee. The trust pays you income during your
lifetime, after which the remaining assets are given to the
Conservancy. |
Allows
us to plan for future land protection activities. |
Fixed
or variable income; part of gift is tax-deductible;
avoid capital gains on appreciated assets donated to
trust; flexible term (lifetime or set number of
years); opportunity to diversify assets; and
potentially increased income |
| Charitable
Lead Trust |
Annual
income from a trust is paid to CLC during your
lifetime, after which the remaining principle are
given to
a non-charitable beneficiary (or beneficiaries) such
as children. |
Allows
the Conservancy to use the annual payments from the
trust to support its programs and activities. |
Reduced
income, gift or estate tax while ultimately passing ownership of the assets
along to family members. |
| Retained
Life Estate |
You
make a gift of real estate and retain the right to
live on the property for life or a set number of years. |
Allows
CLC to plan for the property to become either a public
conservation area or to be sold, protected with a conservation
easement, to generate proceeds for
land protection work. |
Property
removed from taxable estate; income tax deduction;
avoidance of capital gains on transfer of property; retained
use of property |
