Ways to Fund Your Giving
HHRF's Office of Gift Planning welcomes many types of assets, including but not limited to, cash, securities, and real estate.
Cash is a great option for funding both outright gifts and life income gifts. Gifts can be funded fully with cash or with a combination of cash and stock or securities.
Giving appreciated securities or mutual funds is a fast and easy way to make a gift to HHRF. Gifts of stock can be directed to any area of identified research, and can help you diversify your assets and minimize capital gains taxes.
A gift of real estate can be a good option for those who own appreciated property and are financially able to make an irrevocable gift of that property. A gift of real estate may also meet your requirements if you need or want to turn that asset into income for yourself or others, and/or could benefit from an income tax deduction, and capital gains tax savings.
What types of real estate can be gifted?
HHRF accepts gifts of personal residences, vacation homes, rental and commercial properties, and undeveloped land. To ensure that the property is marketable and free of liabilities such as environmental hazards, HHRF conducts a careful review of any prospective gift before accepting title.
What form can the gift take?
Outright gift. Avoid capital gains and qualify for a charitable deduction for the full value of your property.
Charitable remainder unitrust (CRUT). Transfer property to a CRUT and establish income for life or a fixed term, for one or more persons. Avoid capital gains on the sale and receive a partial income tax deduction for your gift.
Bequest. Reduce the size of your taxable estate and spare your heirs the complications of a sale by gifting property through your estate plan.