There are many ways to support MedShare beyond a direct cash donation, Gifts of Real Estate and Gifts of Business Interests benefit both MedShare and the donor as well.
Almost any type of real estate may be donated to MedShare, including a personal residence, vacation residence, commercial buildings, undeveloped land, and farms. Giving a gift of real estate can be a highly effective philanthropic and financial planning strategy.
Gifts of real estate may provide significant benefits for the donor as well as MedShare. Depending upon the type of gift, a donor may enjoy tax savings, lifetime income payment and freedom from carrying costs once the property is sold, and remove the property from his/her taxable estate.
As a business owner, you have the opportunity to not only build your business and accumulate wealth for yourself and your family, but also to accomplish your philanthropic goals and objectives through charitable gift planning. A gift of your corporate stock or assets can provide you with tax and income benefits and also help MedShare to further our mission. Benefits of gifts of business interests including closely held stock and other business assets including non-inventory assets are as follows:
Please Note: The discussion herein is general in nature and intended to provide examples of charitable giving strategies. Prospective donors are encouraged to consult their personal tax, financial and legal advisors concerning the specific consequences of making gifts to MedShare. We would be pleased to discuss, in confidence, ways in which you may support MedShare in an impactful manner. These strategies may also have an impact on your estate planning.