When considering charitable giving, traditional forms such as bills, coins, and checks often come to mind. However, the most significant wealth for giving, particularly for donors facing financial constraints or who primarily rely on cash, lies in appreciated private non-cash assets. These assets encompass family businesses, privately held corporations, LLCs, and limited partnerships, stock options, restricted executive stock, real estate, and even cryptocurrency.

The most advantageous aspect of giving such assets is the substantial deductions they generate. These deductions consist of an exclusion from capital gains, which effectively reduces the donor’s taxable income, and a separate charitable deduction. This combination can nearly double the effective deduction and tax savings compared to selling the asset and contributing the cash proceeds. This double capital gain and income tax reduction allows donors to allocate a larger portion of their taxable income towards charitable causes rather than relying solely on personal income or estate.

Shunpike Charitable is uniquely positioned to facilitate a broader range of charitable giving options beyond traditional cash contributions. We provide comprehensive planning and management services for receiving, managing, and liquidating gifts of almost any appreciated private non-cash asset. This includes residential or commercial real estate, multi-million dollar businesses, and other diverse assets.