Ways of Giving to Support the American Diplomacy Campaign
The private partner of the United States Department of State is the Diplomacy Center Foundation (DCF), a private non-profit 501(c)(3) organization. All gifts to the DCF are (tax-deductible bequests, legacies, devises, transfers of real estate, securities, tangible personal property or gifts under IRC Sections 2055 (stocks), 2106 (taxable estate), and 2522 (the deduction of qualified charitable gifts in a calendar year) and deferred gifts) tax-deductible to the fullest extent allowable by law. Gifts of cash or pledges of cash are desirable to help to achieve the immediate goals of the campaign. The DCF offers a three-to-five year schedule for contributions depending on the level of the gift.
Besides cash contributions, donors may also contribute in many other ways, each offering tax advantages attractive to individual financial planning. The Foundation is prepared to help to structure a gift plan to enable donors to realize the maximum benefit for their philanthropic commitment. Donors should also consult their personal financial advisors regarding the various options and their technical requirements.
The Foundation is ready to help to structure a gift plan to enable you to realize the maximum benefit for your philanthropic commitment.
Gifts of Real Estate
Donors may make gifts of real estate, including fractional portions of properties; however, since real-estate transactions are relatively complex, and these plans should be thoroughly reviewed with the donor’s personal advisor.
Tangible Personal Property
Fine-art objects, antique furnishings, rare books, and other items can offer donors an immediate tax deduction; valuation for income-tax purposes will require an independent appraisal.
Gifts of Appreciated Securities
Significant gifts are frequently paid with long-term capital-gain securities; appreciated assets can often provide donors with attractive income-tax benefits, enabling them to leverage their gifts.
Deferred or Planned Giving
Certain forms of deferred or planned giving, including charitable remainder trusts, are attractive ways to reduce gift-tax costs and obtain naming opportunities. Bequests and insurance-policy beneficiary designations will also help to build the Center’s endowment.
Donors who serve on corporate boards of directors or work for companies with Matching-gifts programs have opportunities to augment their gifts in significant ways. They should contact a company’s matching-gift office to learn more about the program and its requirements.