MORE WAYS TO GIVE
You have options when it comes to giving to The Gatehouse.
Donate Securities
Donating long-term appreciated securities (stock, bonds and mutual funds) held for more than one year can be a very effective and tax-efficient way to support The Gatehouse.
Benefits
- You may be able to eliminate capital gains tax and receive income tax deduction at full fair market value of sell
- Your donation will be recognized at the full fair market tax deduction upon sale of assets
- Your deductions may be recognized for up to 5 years after the donation
Email info@gatehousegrapevine.com for questions regarding your donation
Donor-Advised Funds
Donor-Advised Fund (DAF) is a charitable option allowing donors to contribute cash or investments held for more than one year. When you give this way, you can receive a current-year tax deduction and avoid paying capital gains tax on the sale of assets you contribute.
Benefits
- It’s easy to find The Gatehouse by searching for project handup or by our EIN # 90-0705496
- The Donor-Advised Fund usually handles all administration including tax filings
- Flexibility to donate illiquid assets and advise on the timing and rate at which the donated securities are liquidated
- When you fund your DAF account, you will qualify for charitable tax deductions from the IRS
- If your donations exceed your annual deduction limit, you can carry those gifts forward for up to five years
- You can make a one-time or recurring grant anonymously and automatically distributed them on a recurring basis
Email info@gatehousegrapevine.com for questions regarding your donation
Charitable Remainder Trust
A Charitable Remainder Trust (CRT) is a gift of cash or other property to an irrevocable trust. You’ll receive an income stream from the trust for a term of years or for life and The Gatehouse receives the remaining trust assets at the end of the trust term. You’ll earn an immediate income tax charitable deduction when the CRT is funded based on the present value of the assets that will eventually go to The Gatehouse.
Benefits
- CRTs can be structured to defer the payment stream and provide an effective current or future income stream while benefitting a charity of your choice
- CRTs are irrevocable, so assets contributed to a CRT may be removed from your estate for estate tax purposes
- You can freely change the benefitting charity at no additional cost
- You may qualify for a charitable contribution deduction for the value of the gift
- Your deductions may be recognized for up to 5 years after the donation
- Capital gains tax is deferred until the time it is distributed to the income beneficiary
Email info@gatehousegrapevine.com for questions regarding your donation
Private Foundation
A Private Foundation is a charitable organization usually founded by an individual or family with an initial gift and managed by its own trustees and directors who support charitable, educational, religious or other activities that serve the public good through making grants.
Benefits
- Retain control and disposition of all assets
- Grants are not limited to IRS-qualified charitable organizations
- Can grant to a Donor-Advised Fund
If your foundation would like to present The Gatehouse to your trustees, please contact us at info@gatehousegrapevine.com
Disclaimer: The Gatehouse does not provide financial or tax advice. The information herein is general in nature and should not be considered financial, legal or tax advice. Consult your financial advisor or tax professional regarding your specific situation.