One of the most tax-effective ways to support Conservation Foundation annually, or with a one time gift, is through the gift of stock. By giving appreciated property, you can avoid paying capital gains taxes on the appreciation, receive a tax deduction on the full value of the gift, and support Conservation Foundation at a lower cost to you.
We welcome gifts of publicly traded stocks, bonds, and mutual fund shares. Donations of stock can also be used to endow an annual gift or establish a planned gift, such as a charitable gift annuity.
You can make a tax-free distribution from your traditional or Roth IRA to Conservation Foundation if you're 70 1/2 or older. This is a wonderful way to be philanthropic while receiving a tax benefit. You simply direct distributions from your traditional or Roth IRA to Conservation Foundation. Gifts up to $100,000 are tax-free and gifts may be used to satisfy your Required Minimum Distribution (RMD). Your gift immediately supports our work saving land of the greatest environmental significance.
To learn more or notify us of a gift, please contact Lee Ann Rodriguez at (941) 918-2100.
Perhaps the most treasured gift you can leave to future generations is the gift of land. Gifts of land offer a range of potential benefits depending on the type of gift that might include:
• Ensure permanent protection of your property through the use of a conservation easement;
• Receive a charitable income tax deduction for the full fair market value of the land
• Eliminate capital gains tax on appreciated value, otherwise payable if you sold the land;
• Remove the property from your taxable estate;
• Release you from the expense and responsibility of managing the property; and
• Provide long-term financial support for Conservation Foundation
There are a number of common conservation methods to help you ensure the permanent protection of the special features of your property:
Conservation Easements – a legal document recorded at the Registry that limits the type and scope of development on your property. With this method, you may keep your land held in family ownership. The conservation easement restrictions are upheld by a land conservation organization in perpetuity.
Donations* – you may donate your land outright or donate a conservation easement. By making a donation of land or donating a conservation easement, you can make a generous gift while benefiting from income and estate tax deductions.
Review the latest resource - Conservation Tax Incentive - Quick Reference 2016
Do you want to donate land but still live on it?
Some landowners have donated land to us, but have reserved the right for themselves (and sometimes others) to use and enjoy the property during their lifetimes. This is known as a gift of a ‘remainder interest’. Gifts of remainder interests are usually made by landowners who have decided (irrevocably) that they want to leave the property to Conservation Foundation of the Gulf Coast.
A gift of remainder interest in land allows donors to take advantage of an immediate income tax deduction and ensures that Conservation Foundation will automatically receive the land at the donors’ deaths, without the delay and expense of probate.
If you like to learn more about donating real estate to Conservation Foundation, please call Debi Osborne at (941) 918-2100.