Complex Assets

Charitable giving encompasses more than just cash donations. Families and businesses can tap into the Community Foundation’s expertise to quickly and easily donate hard-to-value assets and open family or corporate funds to further their charitable goals.

Your clients may be able to attain a new level of giving they might not have considered possible through assets they already own. CFHoCo specializes in accepting complex assets for charitable purposes, including:

  • Charitable gifts of real estate
    • Land
    • Personal residence
    • Commercial property
    • Other real property
  • Charitable gifts of business interests
    • Closely held stock (S-Corp, C-Corp, LLC)
    • Partnership interests
  • Charitable gifts of personal property
    • Artwork
    • Royalties, copyrights, patents
    • Valuable collectibles
  • Other alternative asset gifts
    • Life insurance policies
    • Retirement plans
    • Negotiable instruments (such as notes receivable)
    • Oil and gas interests

This list is not intended to be all-inclusive of acceptable alternative assets. Gift acceptance is dependent upon asset review and approval. Click here for our Gift Acceptance Policy.

For more information please contact Beverly White-Seals, President & CEO, at bwhiteseals@cfhoco.org

Benefits

The Community Foundation of Howard County is a public charity, so your clients will receive the maximum tax deduction allowed by law, avoid capital gains tax and may be eligible to receive a life income stream. We look at each donation individually and create giving plans that maximize gifts to the community and provide bottom-line benefits to the donor.

 CFHoCo is not engaged in rendering legal, accounting or other professional service. If legal advice or other expertise is required, the services of a competent professional should be sought.