Planned Giving & Asset Based Giving

Working with the Los Angeles Mission donor community to maximize legacy planning for individuals and families is a key role of the Los Angeles Mission Foundation.

Most charitable gifts to Los Angeles Mission are given in the form of cash because this is so familiar. However, this may not be the most cost-effective way for you to give.

You can increase your potential impact – and experience significant tax savings – by giving non-cash assets.
 

Examples of Non-Cash Assets

·       Stock or marketable securities

·       Real estate

·       Business interests

·       Farm commodities

·       Life insurance

·       Retirement benefits, such as Gifts From Your IRA

Benefits of Giving Non-Cash Assets

·       Tax-wise. Receive a fair market value deduction at the time of your gift and avoid tax liability on the sale of appreciated assets.

·       Eliminate hassles. Give assets you no longer need or want to manage (such as rental properties of vacation homes) for the benefit of Los Angeles Mission.

"The proper aim of giving is to put the recipient in a state where he no longer needs our gifts…Thus a heavy task is laid upon Gift-love. It must work toward its own abdication. We must aim at making ourselves superfluous. The hour when we can say ‘They need me no longer’ should be our reward. But the instinct, simply in its own nature, has no power to fulfill this law."

C.S. Lewis

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