Outright Gifts

 

Cash

Gifts of Cash include currency, personal checks, money orders, credit cards and wire transfers.

Benefits

    • Entitled to a charitable income tax deduction that counts against a larger portion of your taxable income than with a gift of appreciated assets.
      • The IRS allows you to claim charitable deductions for gifts of cash up to 50% of your adjusted gross income but only up to only 30% for gifts of appreciated assets.
    • Direct your gift to a specific fund or purpose, if so desired.
     

Appreciated Securities

Gifts of Appreciated Securities can be transferred to PVI, who sells the securities to fund important programs.

Benefits

    • Receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
    • Pay no capital gains tax on the securities you donate.
    • Direct your gift to a specific fund or purpose, if so desired.
     

Real Estate

Gifts of Real Estate are long-term assets (held for over one year) gifted to PVI, who sells the property to fund important programs. 

Benefits

    • Receive a charitable income tax deduction based on the appraised value (Up to 30 percent of your adjusted gross income and carry it forward for up to five additional years).
    • Released from paying real estate taxes, maintenance costs, insurance, and capital gains taxes on the property’s appreciation.
    • Avoid capital gains taxes on the transfer and remove the asset from your taxable estate.
    • Direct your gift to a specific fund or purpose, if so desired.
     

Personal Property

Gifts of Personal Property often include valuable painting, antiques, collectibles, automobiles, etc. The property may be sold or retained by PVI for use.

Benefits

    • Receive gift credit and an immediate income tax deduction for the appraised value of your gift
    • Pay no capital gains tax, provided your gift satisfies the "related use" requirements of the IRS.
    • Under certain conditions, you may be able to gift property to a life-income arrangement.
    • Direct your gift to a specific fund or purpose, if so desired.