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According to a Federal Reserve study, only 19 percent of transactions were made with cash in 2020, down seven points from the year before. But when it comes to philanthropy, the cash-is-king mindset is still strong.

So strong that some donors are missing out on an opportunity to give non-cash assets like real estate, publicly-traded stock, and retirement accounts such as IRAs. Moreover, this type of donation can result in a bigger gift for the recipient and a better tax deduction for the donor.

IN THIS BRIEF, DISCOVER:

  • A detailed description of giving non-cash assets directly to charities, including the Vermont Community Foundation 
  • Four real-life scenarios to ground your understanding of the concept:
    • Giving with stock
    • Giving with real estate
    • Giving with a family business
    • Giving with retirement funds
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Learn about the event "Delivering Hope: Promising Solutions to Improve Mental Health in Vermont" »

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Read the article "Student Loan Debt Relief Plan Is Cause for Celebration, But Not a Long-Term Fix" »