Property & Securities

Charitable Gift Annuities

We can accept charitable annuities from donors by entering in partnership with the donor or other person named by the donor. Through the partnerships, a lifetime annuity is made in return for a gift of cash or marketable securities, with a minimum gift of $5,000.

Important details about charitable annuities:

1. The donor may make a gift to Embrace Living Charities or may direct a gift to any of the agencies or programs initiatives.
2. The donor may make an unrestricted endowed gift to Embrace Living Charities.
3. The donor may make an endowed gift for general support of specific agencies or programs. If no such endowment fund is in place at the time of the gift the minimum gift level would be $10,000. Such gifts can be named by the donor and will be so noted in Embrace Living Charities’ annual reports.

Note: It is the preference of Embrace Living Charities to accept unrestricted gifts of support. Embrace Living Charities retains the right to not accept a gift that will be directly or indirectly subject to any material restriction or condition by the donor that prevents Embrace Living Charities from freely and effectively employing the transferred assets or the income from those assets to further its philanthropic mission.

Marketable Securities

Marketable securities are accepted and adhere to existing investment parameters and policies. Giving appreciated securities is frequently the most economical way to give. Donors will be eligible to take a federal income tax deduction equal to the fair market value of the stock on the date of the gift and will avoid tax on the capital gain. We advise talking to a tax professional for further details.

For more information or to make a gift, contact us.

Bequests

Bequests can be made by donors who have directed in their wills that certain assets be transferred to Embrace Living Charities. Certain estate tax benefits can apply for bequested gifts, so contact an estate tax professional before making a gift.

For more information or to make a gift, contact us.

Tangible Personal Property

Tangible personal property is any property, other than cash, securities, or real estate, that can be seen or touched. This includes furniture, books, instruments, jewelry, art work, and cars. Donors can receive a charitable income-tax deduction for the full fair-market value of the property.

Real Property

Gifts of a home, commercial building, or investment property may be accepted based on the outcome of a property analysis, including physical condition, likelihood of an immediate sale, current market analysis of value and environmental issues, among other factors. Real estate gifts can provide donors with tax benefits and further Embrace Living Communities’ community impact.

Life Insurance Policies

We accept life insurance policies for which the donor has relinquished ownership by assigning all rights, title, and interest in the policy to Embrace Living Charities. The tax deductible benefit for leaving your life insurance to a charity is equal to the policy’s cash value, plus any premiums paid on the policy after the gift is made.