Making a Planned Gift is Easier Than You Think. You Can Help Build a Better and Stronger Valley.

It’s your plan… it’s your legacy!

  • Leave a gift in your will or trust
  • Designate a nonprofit as a beneficiary of a portion of your IRA or other financial accounts
  • Give life insurance you no longer need
  • Give appreciated stock and save on taxes
  • Consider a gift of real estate
  • Donate your IRA required minimum distribution directly to a nonprofit and avoid taxes.*

Speak with your trusted professional financial advisor or call (203) 751-9162 to explore which planned-giving option is best for you.

*Must be 70½ years or older.

Charitable Bargain Sale: The Details

Is this gift right for you?

A charitable bargain sale is for you if…

  • You want to donate property to your favorite Valley charity, while retaining some of its value for your personal needs.
  • You want to give us real estate, securities or other assets that we can sell for our benefit.
  • You are willing to sell your property to us for an amount below its fair market value.
  • You are looking for a gift plan that can reduce your capital gains liability, generate a charitable deduction, and give you cash for your property.

With the charitable bargain sale you sell real estate or other marketable property to us at less than fair market value. The transaction gives you cash that you can use, plus a charitable income tax deduction for the discount you took from the market value.

We mutually agree on the purchase price for your property, and on whether we will pay you in a lump sum or through an installment note.

The bargain sale is the only gift plan that can give you both:

  • a lump sum of cash, and
  • a charitable deduction.

Please contact us so that we can assist you through every step of the process.

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An initiative of the Valley Community Foundation

The material presented on this Planned Giving website is not offered as legal or tax advice.
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