Maximize Your
Philanthropic Goals

Make a difference in people's lives and always be remembered for your contribution

Benefit yourself, your family and Tabor Academy with your gift

Help Tabor Academy fulfill its mission for many years and generations to come

Part Gift and Part Sale

Gift Type Gift Appreciated Asset Gift/Sale of Asset

Donor

Enter the name of the donor. You may use such titles as Mr., Mrs., Dr., Rev., Jr., Sr., etc. The donor is the owner of the asset contributed and will receive the tax deduction and capital gains bypass benefits, if applicable.

Income Tax Rate

Select the current federal income tax rate of the donor. This will be used to project possible income tax savings. If you are not certain about the correct rate, you may choose one of the middle rates. For many people, this will be close to the actual income tax rate.

Value of Property $

Enter the amount of cash or the fair market value (FMV) of the assest(s) used to fund the trust. For assets such as real estate, closely held stock and other hard-to-value assets, the FMV would be the appraised value of the property on the date of the gift.

Cost Basis $

Enter the cost basis of the asset being used to fund the trust or annuity. If the asset is cash, the cost basis is equal to the gift amount. If it is appreciated property, the cost basis will most likely be the amount you originally paid for the property. The cost basis is used to determine the capital gains tax which will be bypassed as a result of selling the asset. If the cost basis is not known or cannot be proven, the IRS assumes the cost basis to be $0. If cash funds the gift annuity, enter the same value as "Value of Property."

Enter the amount of cash you wish to receive from the sale of the asset(s) that will be used to fund the trust. This amount of cash will not go into the trust.

Let us help you with your gift plans

Donor Resources

If you are interested in learning about ways you can support or how to maximize the impact of your giving, we have a number of resources to assist you.

Resources for Professional Advisors

This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice.

For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.

Maximize YourPhilanthropic Goals

Let us help you with your gift plans

Donor Resources

Maximize Your
Philanthropic Goals