Want to help make your favorite charity a winner? Encourage the charity to discuss the potential of charitable gifts of non-cash assets with donors. Donee charities can gain access to what has been called prospective donors’ “treasure chest” of non-cash assets. After all, the vast majority of a potential donor’s net worth will not be in cash, but in non-cash assets such as a home, retirement benefit plan, life insurance, etc.
Inspired by the start of NCAA March Madness, and the number of bracketed teams, here are 64 non-cash assets that could be used for charitable gifting.
Please note the alphabetized listing, I’m not recommending one gift over another, since so much depends on the individual circumstances of the donor.
- Airplanes
- Antique Automobiles
- Antiques
- Artwork
- Assets held by C Corporation
- Assets held by S Corporation
- Autograph Books
- Barn Doors
- Beach House
- Beanie Babies
- Boats
- Bonds
- Books
- C Corporation Stock
- Coin collections
- Comic books collection
- Commercial and residential real estate
- Condominiums
- Credit Card Rebates
- Depression-era Glass
- Dolls
- Enamelware
- Equestrian Ribbons
- Farmland
- Gold Bullion
- Grain
- Guitars
- Hedge Fund Carried Interest
- Historic Papers
- Installment Notes
- Intellectual Property
- Life Insurance
- Limited Liability Partnerships
- Livestock
- Marbles
- Mineral Rights
- MLB Team
- Mutual Funds
- Oil and Gas Interests
- Operating Partnership Units
- Paint-by-number Landscapes
- Painted Planks
- Paintings
- Patents
- Photographs
- Pooled Income Funds
- Racehorses
- Real estate
- Restricted Stock (144 and 145)
- Retained Life Estate
- Retirement benefits
- Royalties
- S Corporation Stock
- Sculpture
- Sculpture Garden
- Seat on New York Mercantile Stock Exchange
- Seats at Events
- Stamp Collection
- Stocks
- Tangible Personal Property
- Taxidermy
- Timber Deeds
- Vacation Home
- Vehicles
Pretty exhaustive list right? Like stamps and dolls, there are so many assets that you likely never even considered could be a charitable gift. And, that’s where I come in and can assist! If you’re a donor or donee nonprofit do not ever hesitate to contact me. I can always be reached at gordon@gordonfischerlawfirm.com and 515-371-6077.
