Giving Non-Cash Assets Through a Giving Fund (aka Donor Advised Fund).
Open a Giving Fund and simplify the way you make donations.
When you open a Giving Fund through the Ten Talents Foundation, we become the hub to help you give cash and non-cash gifts. You can save a significant amount in capital gains taxes when you gift assets like:
- Appreciated Securities
- Appreciated Real Estate
- Business Interests
- Crop/Agricultural Gifts
- & More!
Example: Gifting Real Estate through a Giving Fund
One example of a way you can do this is through gifting a piece of appreciated real estate to your Giving Fund at Ten Talents.
This means you may not pay capital gains taxes as you normally would when selling a piece of property.
The full valueof the real estate is instead transferred into your Giving Fund and you also receive a tax receipt letter. You can then make donations out of your Giving Fund for the next several years, allowing a greater portion of your dollars to go to organizations you love!
Most of peoples’ business and personal wealth is locked up in non-cash assets like property, securities, business interests, or crops. Because of this, when a nonprofit makes a request for a gift, funding must usually come from your cash reserves, not the bulk of your giving capacity.
The Ten Talents Foundation helps generous individuals, businesses, and families save money in taxes and move from thinking about giving on a yearly basis to looking at their giving from a long-term perspective.
A Giving Fund provides a simple way for you to give cash and make gifts of non-cash assets in a way that saves a considerable amount in taxes. That money can instead become a Giving Fund for you to make donations out of, invest in your community, and support causes you’re passionate about for years to come!