Assets You Can Give

There are many ways to give

Planned giving is as unique as you are. We can help you choose the planned giving option that works best for you, depending on your financial and charitable goals. Simply contact us or call 617-972-7328 with any questions.

Interested in making a planned gift, but don't know where to start? Here are some of the most popular giving opportunities:

Cash

Gifts of cash are the most common form of giving and deliver the most immediate benefit to Perkins School for the Blind. You may choose to designate your gift to a specific program, or give to the greatest need. Cash gifts may be made outright or in ways that will provide you or your family with income and other benefits while also supporting Perkins.


Life insurance

Your insurance policy is an easy asset to donate to Perkins School for the Blind. The process is simple: name Perkins as owner and beneficiary of the policy. Perkins surrenders the policy to realize the funds immediately, and you may claim a charitable income tax deduction for the surrender value of the policy or the total premiums paid, whichever is less. (Donors are responsible for obtaining an independent qualified appraisal of the policy.)


Real estate

Use the equity in your residence, vacation home or other real estate to achieve your personal and philanthropic goals. In addition to helping Perkins School for the Blind, some people choose to give real estate because they are downsizing from a primary home or because the property is no longer needed. An outright gift will eliminate real estate taxes, property insurance and maintenance costs, and will also avoid capital gains taxes. There are other options, too. You can exchange real estate for a stream of income, or remain in your home while achieving an income tax deduction.


Retirement plan

Tax-deferred retirement accounts, like IRAs, are often the largest asset an individual owns. Unfortunately, any funds remaining in the account at your death will be subject to both income and estate taxes, and possibly a generation-skipping tax. This combination of taxes can be extremely high—up to 80 percent. You can minimize the total tax burden if you leave the funds in your retirement plans to Perkins School for the Blind. By giving the tax-laden retirement funds to charity and giving other less tax-encumbered assets to your heirs, you increase the amount of assets that reach your heirs.


Appreciated Securities - Gifts of Stock

Stocks are considered to be appreciated for tax purposes if they’re worth more now than when you purchased them. When you give appreciated securities, you may receive an immediate tax deduction and savings on capital gains taxes. Though your total tax deduction is limited to 30 percent of your adjusted gross income in any year, you can take any unused deduction over five succeeding tax years. Your gift of stock can also fund a charitable gift annuity. If you’ve thought about making a gift to Perkins School for the Blind but aren’t ready to give up your assets today, consider leaving a gift of securities to us through your will or revocable living trust.