Great tax benefits exist for donors who utilize tax-wise gift planning strategies. Here are some of the gifts and associated benefits you should know about.
Giving and Tax Benefits
Make a substantial gift to the American Red Cross through a trust that makes annual, fixed payment to the Red Cross and passes assets to your family or other heirs at a reduced tax cost.
Make a substantial gift to the American Red Cross in the form of variable annual payments and pass assets to your family or other heirs at a reduced tax cost.
Donate your home, farm, or a second home to the Red Cross and receive an immediate income tax charitable deduction, while retaining the right to live in your home for the rest of your life.
Receive immediate cash and make a gift to the American Red Cross by selling to us a valuable asset, such as real estate, for less than it is worth.