| Current / Outright Gifts |
Cash, appreciated securities, closely held securities, real estate,
personal property, life insurance |
No minimum or maximum |
Usually fully deductible for 100 percent of the fair-market value, subject
to certain limitations |
Funds are immediately available for use |
| Will Provisions |
Cash, appreciated securities, closely held securities, real estate,
personal property |
|
Charitable estate-tax deduction is available for the full fair-market
value of the bequeathed asset; may reduce estate and death taxes,
thereby increasing the size of the estate available for heirs |
A very high percentage of will provisions are never revoked, giving
promise of future support to the Nebraska Cultural Endowment |
| Life-Income Gifts (irrevocable) |
| A. Gift Annuities |
Cash, securities |
$10,000 |
Guaranteed fixed income, immediate tax deduction equal to the Nebraska Cultural Endowment's remainder interest in the gift, favorable tax treatment of annuity
payments |
Ensures future funding of the designated purpose |
| B. Deferred-Payment Gift Annuities |
Cash, securities |
$10,000 |
Immediate tax deduction equal to the Nebraska Cultural Endowment's remainder interest in the gift; favorable tax treatment of annuity payments |
Ensures future funding of the designated purpose |
| C. Charitable Remainder Unitrusts |
Cash, securities, some closely held securities, real estate |
$250,000 |
Immediate tax deduction equal to the Nebraska Cultural Endowment's remainder interest in the gift; variable income that may provide a hedge against future
inflation; favorable capital-gain tax treatment. Can be tailored to your situation. |
Ensures substantial future funding of the designated purpose; donor
may select the trustee |
| D. Charitable Remainder Annuity Trusts |
Cash, appreciated securities, some closely held securities |
$250,000 |
Immediate tax deduction equal to the Nebraska Cultural Endowment's remainder interest in the gift; fixed income; favorable capital-gain tax treatment; may provide tax-free income |
Same as unitrust |
| Revocable Trusts |
Cash, securities, closely held securities, real estate |
Any amount |
All or part of the amount placed in the trust is available if needed
by the donor; if a commercial trustee is chosen, may relieve the donor of the responsibilities and headaches of asset management; no tax deduction is available for this kind of trust |
A very high percentage of revocable trusts are never revoked, giving
promise of future funding to the Nebraska Cultural Endowment |
| Charitable Lead Trusts |
Cash, securities, closely held securities, real estate |
$250,000 |
Freezes value of assets contributed for gift- and estate-tax purposes |
Provides steady flow of income for a period of years |
