Planned Giving offers additional options for donors who would like to support our work.
Gifts of Appreciated Property
A gift of property – such as appreciated long-term, capital gain securities and real estate – can provide even greater tax benefits to the donor. In addition to receiving a charitable deduction for the full-market value of such a gift, the donor does not incur the potential tax liability on the capital gain of the property, nor any sales commission that would be payable upon the sale of the property.
Many individuals make charitable bequests through their wills. In order to make an unrestricted bequest in your will, the following language can serve as a guide: I give, devise and bequeath to The Episcopal Center for Children, Washington, D. C. (insert dollar amount) to be used for its general purposes.
Gifts of Life Insurance
You may wish to name The Episcopal Center for Children as a primary or contingent beneficiary. Because you retain ownership no income tax deduction is available to you but an estate tax benefit may result.
Gifts of Real Estate
Gifts of real estate frequently save you thousands of dollars in income or estate taxes. Gifts of residential, commercial or undeveloped real estate secure a charitable income tax deduction for you, based on the fair market value of the property, with no capital gains liability for the transfer. You can also deed a residence to us but reserve the right to use it during your lifetime.
Each of these ways of giving provides an opportunity to help ensure that the Center’s work with troubled children continues for now and tomorrow
For more information, contact:
The Episcopal Center for Children
5901 Utah Avenue, N.W.
Washington, D. C. 20015
If you want to make a gift today and maximize your charitable deduction, you will want to consider a cash gift. It is the simplest way to give and provides immediate benefits.