Benefit from our expertise in handling special assets
Many donors have unique assets that may be tax efficient to donate. By contributing these special assets directly to the Gift Fund, they can potentially avoid capital gains on the sale of the assets — and increase the amount of charitable contribution and potentially their tax deduction.1
If you or your firm have certain types of assets in a portfolio — beyond traditional cash equivalents and publicly traded securities — the Gift Fund can work with you to determine if donating them could help meet charitable objectives. As always, you should consult with your legal, tax, or financial advisor prior to making a decision.
The Gift Fund will consider the following types of assets for acceptance — if you have other types you would like to contribute, please contact us.
| Special Assets Accepted | Initial Contribution | Additional Contributions |
|---|---|---|
| Private C-Corp Shares (where the exit strategy is a corporate redemption) | $100,000 | $25,000 |
| Private C-Corp Shares (where the exit strategy is a merger or acquisition) | $2 million | N/A |
| Private S-Corp Shares (where the exit strategy is a corporate redemption) | $1 million | $250,000 |
| Private S-Corp Shares (where the exit strategy is a merger or acquisition) | $2 million | N/A |
| Certain LLC and limited partnership interests (preferably holding no assets other than C-Corp stock) | $1 million | $250,000 |
| Residential Real Estate | $1.5 million | N/A |
| Cash Value of a Life Insurance Policy | $10,000 | N/A |
| Other Real Estate | $2 million | N/A |
1Information provided is general and educational in nature. It is not intended to be, and should not be construed as, legal or tax advice. Neither Fidelity nor the Gift Fund provides legal or tax advice. Content provided relates to taxation at the federal level only. Availability of certain federal income tax deductions may depend on whether you itemize deductions. Rules and regulations regarding tax deductions for charitable giving vary at the state level, and laws of a specific state or laws relevant to a particular situation may affect the applicability, accuracy, or completeness of the information provided. Charitable contributions of capital gain property held for more than one year are usually deductible at fair market value. Deductions for capital gain property held for one year or less are usually limited to cost basis. Consult an attorney or tax advisor regarding your specific legal or tax situation.
Speak with a representative: 800-262-6039