Gifts That Reduce Your Taxes

You can leave a legacy that reflects everything you believe a young man can become. And with the right giving strategy, your generosity goes even further — offering meaningful tax benefits today, or establishing a future gift that passes those advantages on to the people who matter most to you.

Support The Future of My Favorite Charity brochure cover

You can learn more about these special opportunities in our free brochure, Tax-Wise Ways to Make an Impact, and other complimentary planning resources. These resources are just a click away!

Stocks and Securities

When you give stock or securities (stock, bonds, mutual funds), you may be eligible for a double tax benefit: 1) You receive an income tax deduction for the full, present, fair market value of the assets and 2) you may completely avoid capital gains tax on the appreciation of the assets. This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. 

Retirement Assets

A gift of your retirement assets, such as an employee retirement plan, IRA, or tax-sheltered annuity, is an excellent way to give. A gift of these assets can shield you or your heirs from taxes while funding the DeMolay Foundation.

Life Insurance

Transfer ownership now:

To make an impact on our mission today, irrevocably designate the DeMolay Foundation as owner and beneficiary of an existing life insurance policy. If your policy is paid up, you will receive an immediate income tax deduction based on the policy value.

If your policy is not yet paid up, you will make cash contributions to the DeMolay Foundation to cover future premium payments. For any continuing premium payments you make, you will receive a charitable deduction in the year of the payment.

 

Name us as a beneficiary:

You can name the DeMolay Foundation as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, the DeMolay Foundation will receive the proceeds of your policy when you pass away. You can change your beneficiary at any time.

This gift is easy to arrange — simply request a beneficiary designation form from your plan administrator.

Personal Property

A gift of artwork, coins, antiques, or other personal property can be an excellent way to support the DeMolay Foundation. The tax benefits of the gift depend on whether the DeMolay Foundation can use the property in a manner related to our mission. Contact us to learn more about this type of gift — we would be happy to help you find the option that best fits your philanthropic goals.

See Your Impact

The young men of DeMolay work hard to lead their chapters, serve their communities, and live with integrity. When you support the DeMolay scholarship fund, you ensure that a young man’s financial situation never stands between him and the education he has worked hard to earn.

DeMolay Scholarships

Our Team is Here to Help

Our experienced team is here to help you…

  • Learn about special projects that align with your interests.
  • Structure a donation that maximizes benefits for you and your loved ones.
  • Stay up to date on how your gift is used.
  • And more!
The DeMolay Foundation
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