The Nevada Agricultural Foundation is a recognized not-for-profit 501(c)(3) organization under the Internal Revenue Code. Please consult your qualified tax professional before giving.
Donors may designate the purpose of their gifts, such as establishing an Education Assistance Award for a specific field of study or in recognition of someone. The Foundation will guarantee to follow the wishes of the donor as closely as possible within the scope of its mission.
There are many ways to donate that may be beneficial to both the Foundation as well as the donor.
Gifts of Appreciated Assets: By donating gifts of securities, real estate or other appreciated assets, the individual may be able to deduct the full fair market value of the asset and avoid capital gains on their “paper profit.”
Gifts may include any number of assets:
· Gifts of Cash
· Gifts of Securities
· Gifts of Real Property
· Gifts of Life Insurance
· Gifts by Will and Bequest
For More Information: Individuals wishing more information on giving to the Nevada Agricultural Foundation to help further its mission, please contact:
Cathy Guild, Executive Director
inf@nevadaagriculturalfoundation.org
Phone/fax 775.673.2468
The assets may be given in a number of ways with differing benefits to the donor, income tax consequences and benefits to the Foundation:
Outright Gift:
The donor is willing to donate all rights to the asset immediately.
Charitable Gift Annuity:
This is the same as the bargain sale, except that the donor desires payment to be made in installments for life.
Undivided Interest:
The donor is willing to have the Foundation own only a fraction of the asset.
Remainder Deed (or Life Estate):
The donor desires continued use of the home or farm until death.