o Donating cash is the simplest way to give and helps CCETN meet immediate needs. Pledge gifts also help CCETN plan its budget for the time period covered by the pledge.
o Examples: Single gift; pledge gift; honor/memorial gift.

o A gift of assets allows CCETN to decide whether it may be more advantageous to sell the asset to fund an immediate capital need or whether to instead hold the asset for generation of dividends, rents, or other periodic income.
o Examples: stocks, mutual funds, bonds, real estate
o You may be able to avoid capital gains tax that would have been due if you had sold the asset and donated cash instead of simply donating the asset. So the after-tax cost of the gift is less than donating cash!
o Real estate may be given while retaining a right to use it for your lifetime. Consult with CCETN in advance re: its gift acceptance policy related to real estate and other non-financial assets.

o If you are age 70 ½ or older, you may direct the administrator of your IRA to make a distribution directly from your IRA to CCETN in an amount up to $100,000 per year.
o This amount may be counted toward satisfying your annual required minimum distribution from the IRA. The donated amount will not be included in your taxable income for the year, so no additional income tax deduction would be allowed, but the resulting lower taxable income may provide indirect benefits in the form of certain tax credits and deductions that would otherwise be reduced as taxable income increases.

o You may choose to name CCETN as a beneficiary in your will or testamentary trust. For example, you may choose to leave CCETN specific assets, a percentage of your estate, or a specific dollar amount. You may also choose to make CCETN a “contingent” beneficiary if, for example, a spouse, child, or other beneficiary does not survive you.
o Bequests allow a donor to make a substantial gift at a time when he or she will no longer need the assets. Bequests are revocable and can be changed if circumstances or family needs change in the future.

o Examples: life insurance policy, retirement account, bank account, investment account
o Avoid income tax imposed on withdrawals from retirement accounts with respect to the portion of the account given to CCETN. You may choose to give retirement assets to charity, reserving other, more tax-neutral assets for family members.
o Life insurance can be used to make a substantial gift at a relatively low cost.
o A beneficiary designation may be changed from time to time in case circumstances or family needs change.
o Younger adults may purchase paid-up life insurance policies for a substantial amount of coverage when they are raising families, educating children, etc., and may no longer need that much coverage in their golden years. Designating CCETN as a beneficiary of that no-longer-needed but paid-for coverage helps ensure a legacy.
o You may want to go one step further and transfer ownership of a life insurance policy to CCETN (not just designate CCETN as the beneficiary). In doing so, you would give up the right to change the beneficiary at a later date; however, you may be entitled to an immediate income tax charitable deduction if the policy has a cash surrender value.