Types of Donations

Gifts of Cash
This is the most common and simplest method of contributing to support CHS. Your gift is fully deductible for income tax purposes up to 50% of your adjusted gross income. You can mail in your contribution, call-1-800-632-1400 to make a gift, or you can donate online at www.chsnc.org.

Gifts of Securities
Giving long-term appreciated stock offers multiple tax savings. The best stocks to donate are those that have appreciated. In order to preserve tax advantages, you must transfer the securities to us rather than donate the proceeds from their sale.

• Appreciated Securities – When you give publicly traded stocks held for more than one year, you avoid capital gains taxes. You may take the fair market value of the stock gift as a charitable deduction on your taxes up to 30% of your adjusted gross income.
• Depreciated Securities – If you have stock losses, sell the stock to realize the depreciation and take the allowable deduction for tax purposes. Then donate the cash proceeds form the sale to create a charitable deduction.
• Mutual Funds – Donating mutual fund shares provides the same tax advantages as a gift of appreciated stock. Transferring mutual fund shares can be complex, so you should begin the transfer process before December 31.

Gifts of Life Insurance
Gifts of life insurance can be made by naming us as the owner or the beneficiary of the policy. If you make us owner of the policy, you can claim a tax deduction for the amount equal to the lower of the fair market value or cost basis. If you continue to pay premiums on the policy, you can deduct the ongoing premium payments. Policies that are paid up may be deductible as gifts for their replacement value.

Gifts that Provide You Income
Life income gifts allow you to receive income because of making a charitable donation. By placing appreciated property or cash into a charitable remainder trust, a gift arrangement can be made that would provide income for you or a specified beneficiary as well. Tax benefits include an initial income tax deduction and avoidance of capital gains tax for appreciated securities. At the end of the agreed period, usually the donor or their beneficiary’s lifetime, the reminder of the trust would be given to CHS.

Gifts of Real Estate
If you own property that is not mortgaged and has appreciated, a charitable
gift may be an option. You can claim a tax deduction based on the fair market
value of the property and avoid capital gains taxes while removing that asset
from your estate. You can also transfer your property to us now and continue
to use the property for the remainder of your life. You will be entitled to an
income tax deduction based on your age and the value of your property.

Planned Giving
Charitable bequests are a popular way for many donors to perpetuate their
giving for future generations. You can include a bequest to CHS in your will
or living trust. It is easy to do and we can provide you the appropriate wording.

Sponsor a Special Event/Promotion
CHS welcomes your support as an event or special promotion sponsor.
Events and promotions benefiting CHS occur year-round. Please visit our
Events & Promotion page for more information.

For more information, please call 1-800-632-1400 or contact us.