Read below for a brief overview of the different ways you can give to UMB. To learn more about each giving option, select the one that most interests you.
CHECKS AND ELECTRONIC PAYMENTS
From checks and electronic payments to Direct-IRA gifts (not including Donor-Advised Fund gifts), cash is the most popular form of giving, for convenience, immediacy, and familiarity.
GIFT OF IRA ASSETS
Fortunately for many, investments and other income sources in retirement mean that retirement savings are in excess of annual and lifetime needs.
GIVING STOCK INSTEAD OF CASH
Giving appreciated stocks and mutual funds (owned for more than one year) immediately adds a tax advantage over making the same gift in cash.
INVESTMENT ASSETS
Giving appreciated stock, mutual funds, and other investment assets provides donors the additional benefit of avoiding recognition of long-term capital gains, and thus avoiding paying tax on those gains.
Bequests
Estate gifts through provisions in a will or living trust, or through the beneficiary forms on insurance or retirement funds, are the oldest and largest types of gifts made in humanity.
Qualified Charitable Distributions
Have you passed your 70th birthday? Do you make charitable contributions? If so, you need to know about an option the IRS has created for donors ages 70½ and older — the ability to make tax-free charitable donations from a traditional IRA.
Charitable Gift Annuities
For almost 180 years, Americans have been using charitable gift annuities to provide income — usually for life — in exchange for a donation of assets.
Charitable Remainder Trusts
The charitable remainder trust (CRT) allows donors to customize income to their needs, convert illiquid assets into a new stream of income, or a host of other financial and estate planning goals that can be accomplished through a charitable trust.
Real Estate
Donors with real estate available to them for gifting purposes have several options: giving it outright to the Foundation; giving it and receiving a portion of the income; giving it and living in it for life; or selling the property at a discount.
Charitable Lead Trusts
Finally, other gift options like charitable lead trusts present opportunities for donors to give property into a trust that makes gifts to the foundation over a set period of time, and at termination the remainder principal returns.