Estate Gifts
Outright Gifts
Cash
Simple to make. Maximize your charitable deduction and provide funds for conservation immediately.
How it works:
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You send a check, wire funds, or contribute online to San Bernardino Mountains Land Trust.
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We use your donation for the purposes you specify.
Benefits:
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Use the simplest asset to make your donation — no appraisal or acceptance requirements as with gifts of appreciated property.
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Deliver a gift that the San Bernardino Mountains Land Trust can use immediately.
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Receive a full charitable deduction, and apply it against a larger percentage of your taxable income than a deduction for a property gift.
If you want to help the San Bernardino Mountains Land Trust today and maximize your charitable deduction, consider making your gift with cash. Cash is the simplest asset to donate. It is also the easiest for San Bernardino Mountains Land Trust to accept and quickly put to good use. Make your cash gift via a check or money order, a credit card or a wire transfer.
There's an extra benefit:
You can claim the entire amount of your cash gift as a charitable income tax deduction. The IRS allows you to claim this deduction up to 50% of your adjusted gross income (AGI). If you used appreciated securities or other assets to make your gift, your deduction would be the same, but you would only be able to claim the deduction up to 30% of AGI.
(You can claim excess deductions over the five tax years following your gift.)
Remember:
Although a cash gift can provide immediate benefit to us, you can also use it to fund a life-income plan such as a charitable gift annuity.
Securities
Donating appreciated stocks, bonds or mutual funds is quick and simple and may provide you with significant tax benefits. Your gift of stock or mutual funds can also be used to fund a charitable gift annuity. You can make a gift of appreciated securities to San Bernardino Mountains Land Trust while diversifying your portfolio and/or securing a stream of income.
How it works:
You transfer securities to the San Bernardino Mountains Land Trust. The San Bernardino Mountains Land Trust sells your securities and uses the proceeds for its programs.
Benefits:
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You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
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You pay no capital gains tax on the securities you donate.
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You can direct your gift to a specific fund or purpose.
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You have the satisfaction of making a significant gift now or funding a life-income gift that benefits the San Bernardino Mountains Land Trust.
Business Interests
Give an interest in a closely held or family business. Read more about gifts of business interests.
How it works:
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You give shares in a closely held corporation or an investment partnership to the San Bernardino Mountains Land Trust.
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The San Bernardino Mountains Land Trust receives income distributions, and may sell the shares to a third party.
Benefits:
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You receive gift credit and an immediate income tax deduction for the appraised value of the business interests, net of any other liabilities that may pertain to it.
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You may be able to use a business interest to create a life-income arrangement, such as a flip unitrust.
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You have the satisfaction of making a significant gift that benefits both you and the San Bernardino Mountains Land Trust during your lifetime.
Partnership Interests
Transfer an interest in a real estate or a business interest to the San Bernardino Mountains Land Trust, while honoring your life’s work and/or diversifying your assets. Find more about gifts of partnership interests
How it works:
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You convey a partnership interest to the San Bernardino Mountains Land Trust.
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Depending on the circumstances, the San Bernardino Mountains Land Trust may choose to continue the partnership interest or to sell it and use the proceeds for its programs.
Benefits:
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You receive gift credit and an immediate income tax deduction for the appraised value of the donated partnership interest, net of any liabilities that might pertain to it.
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Under certain conditions, you may be able to gift a partnership interest to a life-income arrangement, such as a Charitable Remainder Unitrust.
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You can have the satisfaction of making a significant gift that benefits both you and the San Bernardino Mountains Land Trust during your lifetime.
Personal Property
Donate books, artwork or equipment to support lands and waters around the world and save on taxes. Read more about personal property
How it works:
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You transfer a painting, antiques, collectibles or other personal property to the San Bernardino Mountains Land Trust.
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The San Bernardino Mountains Land Trust may elect to hold the property and display or use it in the furtherance of its mission. San Bernardino Mountains Land Trust may elect to sell the property at some point in the future and use the proceeds for its programs.
Benefits:
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You receive gift credit and an immediate income tax deduction for the appraised value of your gift and pay no capital gains tax, provided your gift satisfies the "related use" requirements of the IRS.
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In certain cases, you can use personal property to fund a life-income gift, such as a FLIP Unitrust, that benefits the San Bernardino Mountains Land Trust and provides you with income now.
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You can have the satisfaction of making a significant gift now to the San Bernardino Mountains Land Trust without adversely affecting your cash flow.
Other Types of Gifts
Charitable Bargain Sales
This part-gift/part-sale gives you a charitable deduction plus cash.
How it works:
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You sell your residence or other property to the San Bernardino Mountains Land Trust for a price below the appraised market value, resulting in a transaction that is part charitable gift and part sale.
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The San Bernardino Mountains Land Trust may use the property, but usually elects to sell it and use the proceeds of the sale for the gift purposes you specified.
Benefits:
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You receive an immediate income tax deduction for the appraised market value of the portion of the property you donated.
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You pay no capital gains tax on the donated portion of the property.
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You use cash from the sale portion to retire a mortgage or purchase other property.
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You have the satisfaction of making a significant gift to San Bernardino Mountains Land Trust during your lifetime.
Charitable Lead Trusts
Freeze the taxable value of your appreciating assets: use them to make gifts today, and then pass them on to family later.
How it works:
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You contribute securities or other appreciating assets to a charitable lead trust.
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The trust makes annual payments to the San Bernardino Mountains Land Trust for a period of time.
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When the trust terminates, the remaining principal is paid to your heirs.
Benefits:
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The present value of the income payments to the San Bernardino Mountains Land Trust reduces your gift/estate tax.
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All appreciation that takes place in the trust goes tax-free to your heirs.
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The amount and term of the payments to the San Bernardino Mountains Land Trust can be set so as to reduce or even eliminate transfer taxes due when the principal reverts to your heirs.
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You have the satisfaction of making a significant gift to the San Bernardino Mountains Land Trust now that reduces the taxes due on transfers to your heirs later.
Contact us to Explore!
Planning Your Goals-Strategies-Benefits
Your Goal: Maximize your deduction; minimize the gift details.
Your Strategy: Use cash to make your gift to the San Bernardino Mountains Land Trust.
Your Benefits: Claim your deduction against a larger portion of your adjusted gross income and make an immediate impact on the San Bernardino Mountains Land Trust.
Your Goal: Afford a larger gift to the San Bernardino Mountains Land Trust — and avoid capital gains liability.
Your Strategy: Give appreciated stock or bonds held over one year.
Your Benefits: Buy low and give high — make a gift that costs you less than the benefit it delivers to us, while avoiding capital gains tax.
Your Goal: Make a gift for the San Bernardino Mountains Land Trust;s future that doesn't affect your cash flow or portfolio now.
Your Strategy: Put a bequest in your will (cash, specific property, or a share of the estate residue).
Your Benefit: Today — a gift that costs you and your family nothing. Tomorrow — an estate tax deduction.
Your Goal: Reduce high tax liability now; gain additional income later.
Your Strategy: Establish a deferred gift annuity.
Your Benefit: A larger deduction and a higher income rate than other life-income gifts offer.
Your Goal: Tap one of the most valuable assets in your portfolio to make a gift to the San Bernardino Mountains Land Trust.
Your Strategy: Use real estate to make your gift to the San Bernardino Mountains Land Trust.
Your Benefit: Avoid capital gains tax, receive an income tax deduction — and have the option of a gift that doesn't affect your lifestyle.
Your Goal: Reduce gift and estate taxes and control the timing of passing assets to your children and grandchildren.
Your Strategy: Create a charitable lead trust which supports programs at the San Bernardino Mountains Land Trust for a fixed, finite period with the principal going to your heirs.
Your Benefit: Reduce gift and estate taxes, and freeze the taxable value of growing assets before they pass to your family.
Your Goal: Avoid capital gains liability on the transfer of a business or partnership interest.
Your Strategy: Contribute the partnership interest or closely-held stock to the San Bernardino Mountains Land Trust.
Your Benefit: Avoid capital gain liability, receive an income tax deduction, and utilize a gift asset you may have overlooked.
Your Goal: Locate an overlooked asset that you can easily give to the San Bernardino Mountains Land Trust.
Your Strategy: Name the San Bernardino Mountains Land Trust as beneficiary of your retirement plan; leave other assets to family.
Your Benefit: Eliminate income tax on retirement plan assets; free up other property to pass to your heirs.
We Look Forward To Hearing From You!