Assets You Can Give

Maximize your charitable deduction and deliver immediate benefits to The Hotchkiss School. It is, of course, the easiest transaction for both you and us. You are limited only by your cash flow and your inclination to draw from your cash reserves.

Appreciated Securities
The IRS allows you one of its most significant tax breaks for gifts of appreciated securities. Get the same tax deduction as if you had given cash, but use stocks, bonds, or mutual fund shares that cost you less than they are currently worth. Your deduction is based on market value, but you incur no capital gains liability on the transfer to us: It's one of the best tax incentives left, and we can work with your broker to make a gift of securities simple.

Real Estate
Make a substantial gift to The Hotchkiss School through a donation of residential, commercial, or undeveloped real estate. Gifts of land, vacation homes or income-producing properties can bring great benefits to us. We have to review each gift proposal carefully and sometimes it's not practical for us to accept. You can give real estate outright, transfer it in a part sale/part gift arrangement, use it to fund a life-income gift, or give your residence and reserve the right to continue to live there.

Life Insurance
Put a policy whose coverage you no longer need to use as a gift to The Hotchkiss School. You can turn surplus life insurance coverage into a charitable gift to The Hotchkiss School, or use a new policy to create an endowment from income instead of capital.

Personal Property — Appreciated Assets
Donate books, artwork, or equipment and secure an income tax deduction. You may be holding a book collection or artwork that you no longer wish to maintain. Instead, these assets could bring real benefit to us. There are particular IRS requirements to meet before you can deduct a gift of appreciated assets. And, we will review each gift proposal carefully to make sure that we can put the asset to good use.

Business Interests
Give The Hotchkiss School an interest in a closely-held or family business. A partnership, an interest in a business, shares of closely held stock, or a limited partnership share may all hold value for us. We'll review the proposed gift, and if we agree will work with you and your advisors to make the transfer simple.

Retirement Plans
The balance of your retirement plan may be worth more when donated to The Hotchkiss School than to your heirs. The balance remaining in your retirement account after your death is often subject to double taxation if it passes to your heirs, by being taxed both as income and as an estate asset. Result? Over 75% of the account value may go to taxes. It's a better plan to designate the remainder of your account to us, and then use other assets for gifts to your family. New regulations simplify the procedure of naming a charity as beneficiary, and we are ready to help you plan this gift.