A smarter way to give
You probably dream of giving significantly more to the charities you love, but often that seems out of reach. With non-cash giving at NCF, it’s possible. You transfer part or all your asset to NCF before the sale, thereby reducing or eliminating capital gains taxes, and then we liquidate the asset at the right time. The net proceeds go to your Giving Fund, which you can use to go online to send more to the causes you love.
Less to taxes
You typically receive a tax deduction for the fair-market value of your gift.
More to charity
The capital gains taxes you save from giving directly means more goes to support charities.
Because you receive the full tax deduction, you’ll see significant savings on your income tax returns.
The Typical Giver
IRS statistics show that most people give from cash, even though their wealth is held in non-cash assets*.
* IRS averages data from 2012-2016
Assets we can help you give
Whether you’re passionate about Christian education or ending homelessness, you can do more for the causes you love by giving most any kind of appreciated non-cash asset.
Stocks, bonds, and mutual funds
Land, houses, or other properties
Ownership in closely-held businesses, LPs, LLCs, or S-Corp
Royalties, copyrights, patents, or precious metals like gold
Publicly-traded securities that may have sale restrictions
Money owed to you through loan notes
Proceeds from wills, trusts, or life insurance policies
401Ks, IRAs, or pension plans
Whole, universal, or variable
Todd Harrison's business transfer
“If you really believe that God owns it all, the only obvious choice is to use a vehicle like NCF to make a physical transfer of business ownership. It’s about so much more than tax benefits. It’s transferring ownership – stock certificates – to God’s ministry.”
The results of giving from net worth
This table shows the impact of giving a 3% non-voting interest in a $10M family business (S-corp), with $41 million of K-1 income.
|Net Cash Flow||$337,380||$471,180|
The “After” column sums $1.3M because the $300,000 charitable gift came from the company value, not out of earnings. It represents just the first year, but the gift could be repeated annually for more giving. The example above assumes a 5% state tax rate.