There are a variety of ways to turn your privately held assets and real estate into part of your philanthropic plan. The experts at Atlanta Jewish Foundation can help you structure gifts that enable you to leverage significant tax benefits while still retaining control of your business. The business you’ve built can also help you build a stronger community, and your real estate can make a real impact.
Gifts of Business Interests
We can accept gifts of business interests, such as private stock or income-producing real estate. We will hold the business interests while you maintain management oversight. We will work in partnership with you and your advisors on flexible liquidation timelines to maximize your philanthropic impact. After liquidation, net proceeds will be transferred to a philanthropic fund.
Benefits:
- Maximize income tax deduction equal to fair market value of the gift, up to 30% of your adjusted gross income
- Reduce or avoid income taxes attributable to the gifted portion
- Reduce or eliminate capital gains tax by gifting before sale, creating more charitable impact
- Remove these assets from your estate, reducing potential tax liability
- Create business continuity opportunities for your company
- Leverage a single gift to achieve a range of charitable goals from your new or existing fund
Gifts of Real Estate
You can donate real property, such as a personal residence, commercial property or vacant land. We will handle the administration and management of the gifted property. The property will be sold, and net proceeds will be transferred to a philanthropic fund.
Benefits:
- Maximize income tax deduction equal to fair market value of the gift, up to 30% of your adjusted gross income
- Reduce or eliminate capital gains tax by gifting before sale, creating more charitable impact from your gift
- Remove these assets from your estate, reducing potential tax liability
- Leverage a single gift to achieve a range of charitable goals from your new or existing Fund
