Can assets other than cash be used to fund a planned gift to Allegheny?
Yes. Donating long-term appreciated assets such as securities or real estate may bring even more benefits to a donor. By giving these assets to Allegheny to establish a planned gift such as a charitable gift annuity or charitable remainder trust, a donor can reduce capital gain tax liability and still receive a charitable deduction and other tax and income benefits. For more information about using assets other than cash to fund a planned gift to Allegheny, please contact Melissa Mencotti at 814-332-5912 or at melissa.mencotti@allegheny.edu.
