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Cash - Cash is the simplest and easiest way to make a contribution to the Georgia Southern University Foundation. It is not subject to gift or estate taxes and you can deduct the gift amount on your federal income tax return. |
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Securities - With some limitations, you can deduct the full fair market value of long term appreciated securities - that is, securities you have owned a certain amount of time (typically longer than one year) and that have increased in value. Thus you can donate appreciated property and usually avoid the tax on the gain. |
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Tangible Property - This includes such items as works of art, antiques, books, gems, etc. You may give an item whether or not it has increased in value since you obtained it. Perhaps the greatest tax benefits come when the donated object is what the Internal Revenue Service considers long term capital gain property. This simply means an asset has appreciated in value and you have held it for a certain length of time. If the property is related to our tax exempt mission, the donation of capital gain property is not subject to capital gains taxes. |
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Intangible Personal Property - Intangible property cannot be seen or touched. Such property includes copyrights, patents, contracts, promissory notes, royalties, trademarks and the like. Unlike tangible property, intangible personal property does not have to be evaluated for its relevance to our tax exempt mission to be used as an income tax deduction. |
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Inherited Property - People are often surprised when they are named in the will of a relative. If you find you do not need the property, you may wish to think in terms of giving that property to a charitable organization. |
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Real Estate - Almost any type of real property (e.g. a personal residence, a farm, a vacation home, a commercial building or an undeveloped parcel of land) may be donated to the Georgia Southern University Foundation. Gifts of real estate can be made either outright or as a deferred gift. |