These gifts include currency, checks, ACH or wire transfers and credit or debit card charges of $25,000 or more given to BCFO’s endowment fund. 

BCFO is named as a beneficiary of your will or trust. The amount o the bequest or distribution can be a specific dollar amount or a percentage of your estate. These gifts can be given along with bequests to other organizations. You will retain your assets throughout your life and will receive a charitable tax deduction in the year of the gift. 

Gifts can be made of stocks, bonds, or shares of a mutual or exchange traded fund. These gifts can be made by delivery of the physical certificates or electronically through a brokerage account. This will provide you with significant savings on capital gains taxes, allowing you to give up to 20% more than if you donated cash to the organization. You can claim the total amount the stock was sold for and receive a charitable tax deduction in the year of the gift.

Naming a charity as a recipient of your retirement or life insurance plan can avoid significant estate and income taxes– leaving more for your loved ones. This form of giving is gaining popularity because it is easy to do; to make BCFO a beneficiary of your life insurance plan, just ask your insurance provider for a beneficiary designation form. Making BCFO a contingent beneficiary ensures that your loved ones are provided for first.

Setting up a Charitable Remainder Trust or Charitable Gift Annuity allows you to give a gift to BCFO of complex or liquid assets and receive a fixed lifetime income from the trust in return. You choose what percentage of the trust makes up that income, which can be adjusted to account for inflation. At the end of the designated period or after you pass away, BCFO receives the remainder of the trust. 

When you give a gift through a charitable lead trust, BCFO receives payments for the life of the trust. At the end of the trust term, the remainder goes back to the donor or other named beneficiary at the end of the term.

Give a gift of your real property to BCFO to be transferred after your lifetime. You can continue to live in your home or use the property after the initial gift. These gifts can give you a large tax break at the time of your passing–leaving more for your loved ones and other beneficiaries to receive. 

BCFO can be designated to receive personal property by including TOD BCFO (transfer on death) on the title to a motor vehicle, boat, trailer, motor or other titled personal property. Similarly, BCFO can receive the proceeds from bank or brokerage accounts by adding POD BCFO (pay on death) after the owner’s name at the financial institution.