Gifts of Securities and Real Estate
Securities (i.e. stocks and bonds) and Real Estate are popular alternatives to gifts of cash and generate a double tax benefit. In addition to receiving a charitable income tax deduction, the donor escapes any potential tax on the capital gain in the property if owned more than one year.
A bequest is one of the simplest ways to provide for the Metropolitan's future and can take many forms. You may arrange for the Museum to receive: a specific dollar amount; specified assets, such as securities, real estate, or tangible personal property; all or a percentage of the remainder of your estate after all other obligations (a residuary bequest).
Supporters can name the Museum as the beneficiary or contingent beneficiary of their life insurance policies. The gift is valued at its interpolated terminal reserve value (roughly equivalent to the policy’s cash surrender value in most circumstances) upon receipt.
For more information, please contact Deirdre Evans, CFRE at Deirdre.firstname.lastname@example.org.