Assets You Can Give
Cash
A gift of cash is, of course, the easiest contribution to make. You are limited only by your cash flow and your inclination to draw from your cash reserves.
Appreciated Securities
By donating appreciated stock, bonds or mutual fund shares, you can receive the same tax deduction as you would if you had given cash. Your deduction is based on the market value as of the date of the gift, but you would incur no capital gains tax liability on the transfer to KCET. We can work with your broker to facilitate a gift of securities.
Real Estate
Gifts of land, vacation homes or income-producing properties can be of great benefit to KCET. Of course, we must review each gift proposal carefully and sometimes it is not practical for us to accept offers of real estate. You can contribute real estate outright, transfer it in a part-sale / part-gift arrangement, use it to fund a gift that pays you income for life, or contribute your residence and reserve the right to continue living there.
Retirement Account
The balance remaining in your retirement account after your death is often subject to double taxation if it passes to your heirs, since it may be taxed both as income and as an estate asset. The result is that over 75% of the account’s value may go to paying taxes. It may be wise to designate the remainder of your account to KCET and then use other assets to provide for your family.
Life Insurance
If your children (if any) are grown and self-sufficient and there are sufficient assets to provide for a surviving spouse, you may have more life insurance than you need. In that case, consider naming KCET as a beneficiary of all or of a portion of your policy.
Tangible Assets
Consider contributing a stamp or coin collection, artwork, or other tangibles. There are particular IRS requirements that affect how much you can deduct for making such gifts. We will review each gift proposal carefully to make sure that we can put the assets to good use.
Business Interests
A partnership, an interest in a business, shares of closely held stock, or limited partnership shares may all be used to support KCET. We will review the proposed gift, and if we determine that it makes sense to accept, we will work with you and your advisors to make to transfer simple.
