Make a Legacy Style Impact By Giving
There is a tremendous responsibility of all of us today. You were meant to be rich and fruitful and leave a legacy of good deeds. Valor Heritage Foundation is an area where your donations will leave a legacy for generations by exposing youth to wholesome, biblical content to build a foundation and relationship with Jesus.
Most people donate money, but there are many other options that be better suited for you, your family and financial goals! See ideas below!
Cash and Cash Equivalents.
Stocks and Bonds
Most people donate money, but there are more and sometimes better ways to give! By donating shares of stocks, bonds, or mutual funds to our fund before liquidating them, you cane make larger gifts, pay lower taxes, and improve your cash flow, and simplify your giving for a multi-dimensional way.
Advantages of donating assets before selling them:
•Eliminate capital gains tax on donated stock
•If you like the stock you donated, you can repurchase it again for a higher cost basis and lower future tax exposure
•Receive your tax deduction precisely when you need to realize your gains/losses
Real Estate and other Non-Cash Assets.
If you liquidate Real Estate assets you may face the following problems:
It may not be a seller’s market when you sell.
The market may not be very liquid.
Selling at a profit may bring heavy taxes on capital appreciation.
We help solve this problem with Capstone allowing you to transfer assets into the Foundation and then sell them for a tax deduction at the donated asset’s fair market value.
Buy or Sell a Business
The Foundation offers vehicles for managing your sale to optimize charitable giving while minimizing taxes.
Here’s how it works:
Before buying or selling your business, contact us and we will work with Capstone and your wealth advisor and other trusted professionals (attorneys, accountants, etc.) to map out the details.
After setup, you donate non-voting interest in the business the Foundation before the sale.
This allows you to:
Receive a substantial tax deduction,
Reduce/ eliminate capital gains taxes on the gifted interest, and
Convert those tax dollars into more giving to your favorite charities.
