ESTATE
PLANNING
Making a planned gift is a wonderful way to show your support and appreciation for George Mason University and its mission while accommodating your own personal, financial, estate planning, and philanthropic goals.
Gifts of Appreciated Securities
Smart gift planning combines charitable intent with cost-efficient planning techniques. Of critical importance is the kind of asset used to fund the gift. Usually, long-term appreciated property can generate the most favorable tax benefits. Reason: Gifts of such property provide a double benefit—a charitable deduction, in most cases, for the full fair-market value of the property—plus avoidance of any potential capital-gain tax.
The chart below illustrates the additional tax savings from a gift of appreciated assets.
|
|
|
Cash |
Appreciated Property |
|
A. |
Fair-Market Value |
$10,000 |
$10,000 |
|
B. |
Cost Basis |
10,000 |
4,000 |
|
C. |
Capital Gain |
0 |
6,000 |
|
D. |
Capital-Gain Tax (15%) |
0 |
900 |
|
E. |
Charitable Deduction |
10,000 |
10,000 |
|
F. |
Actual Tax Savings (24%) |
2,400 |
2,400 |
|
G. |
Total Tax Savings (D+F) |
2,400 |
3,300 |
Request an eBrochure
Which Gift Is Right for You?
Contact Us
Aquanetta J. Betts, JD
Director of Planned Giving
(703) 993-6971
mylegacy@gmu.edu
George Mason University Foundation, Inc.
Office of Advancement and Alumni Relations
4400 University Dr., MS 1A3
Fairfax, Virginia 22030
GMU Foundation is a 501(c)(3) nonprofit organization.
Federal EIN / Tax ID#: 54-1603842
© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer