What to Give
Gifts of Life Insurance
You can donate a life insurance policy to Pioneer Public Television or simply name Pioneer as a beneficiary. For the gift of a paid-up policy, you will receive an income tax deduction equal to the lesser of the cash value of the policy or the total of the premiums paid. To qualify for the federal charitable contribution deduction on a gift of an existing policy, you must name Pioneer Public TV as owner and beneficiary.
Gifts of Real Estate
If you own property that is fully paid off and has appreciated in value, an outright gift may be the simplest solution. You can deduct the fair market value of your gift, avoid all capital gains taxes and remove that asset from your taxable estate. You can transfer the deed of your home or farm to us now and keep the right to use the property for your lifetime and that of your spouse.
Gifts of Securities
The best stocks to donate are those that have increased greatly in value, particularly those producing a low yield. Even if it is stock you wish to keep in your portfolio, by giving us the stock and using the cash to buy the same stock through your broker, you will have received the same income tax deduction, but will have a new, higher basis in the stock.
Gifts of Cash
Gifts of cash are the simplest way to give. However, you can deduct a cash gift for income tax purposes only in the year your contribute it. Your cash gifts are deductible up to 50 percent of your adjusted gross income for the taxable year, but any excess is deductible over the next five years. Please consult a tax advisor.
Gifts of Retirement Plan Assets
Did you know that nearly half your retirement plan assets can be eaten away by taxes at your death? Learn more about how to preserve more of your estate for the people and organizations that matter most in your life by calling Pioneer Public TV at 1-800-726-3178 and ask for Janet to find out more information.