Gifts of Stock or Real Estate
We are happy to accept gifts of stock or real estate. Both are assets that may either be sold for ongoing programs or kept for a specific purpose. One purpose for example is the CLI Mission Center. We have a vision of training or schooling former inmates so they may become missionaries.
There are certain tax advantages to giving CLI gifts of stock or real estate. We recommend talking with your CPA or accountant for your particular tax advantage. However, in general there can be the tax savings of capital gains on the increase in value of the stock or property and at the same time you may receive an income tax charitable deduction for the full fair market value of the stock or real estate at the time of the gift.
If you have Stock or Real Estate that you would like to donate to CLI, please contact Kathleen Skaar at the CLI offices.