Primer on Gifts of Noncash Assets

What Are Noncash Gifts?

Sometimes a gift is not made in the form of cash. Studies show that charitable gifts of noncash assets are often larger than cash gifts.

Below is a sample list of noncash assets. Special rules may apply to these, so remind your donors to check with you or their advisors before making a gift.

Publicly Traded Securities

• Publicly Traded Bonds
• Government and Corporate Debt Instruments
• C Corporation Stock
• Series EE/HH Savings Bonds
• Tax-Free Municipal Bonds
• Zero Coupon Bonds
• Publicly Traded Business Interests
• Common and Preferred Stock
• Traded Options
• Mutual Funds
• Real Estate Investment Trusts

Privately Held Business Interests

• Limited Liability Company Interests
• Partnership Interests
• S Corporation Stock

Real Property

• Primary Personal Residence
• Vacation Homes
• Agricultural Property
• Commercial Property
• Improved Investment Property
• Unimproved Land
• Stock in Cooperative Housing Development

Tangible Personal Property

• Art
• Collections of Value
• Jewelry
• Antiques
• Vehicles
• Boats and Automobiles

Intangible Property

• Copyrights
• Royalties
• Patents
• Installment Obligations
• IRAs and Other Retirement Accounts
• Life Insurance Contracts
• Commercial Annuity Contracts

Cryptocurrencies

• Bitcoin (BTC)
• Ethereum (ETH)
• Tether (USDT)
• Binance Coin (BNB)
• Solana (SOL)
• XRP (XRP)
• U.S. Dollar Coin (USDC)
• Cardano (ADA)
• Avalanche (AVAX)
• Dogecoin (DOGE)

The Nonprofit’s Role

It is important to communicate which gifts your organization does not accept by having a detailed Gift Acceptance Policy in place. In some cases, a donor advised fund may help donors structure a gift in a way that your organization can accept.

Don’t have a Gift Acceptance Policy? Sharpe Group can help. Ask us how!

Helpful Tools:

• Sharpe Data

Append age, wealth, gender, marital status and other important data to your files.

Click here to learn more. 

• On-Demand Printed Brochures:
  • “The ABCs of Giving”
  • “Five Ways to Make the Most of Your Gifts”
  • “Giving Through Donor Advised Funds”
  • “Meaningful Giving—Memorials”
  • “Unlocking a New Source for Support—Cryptocurrency”

Click here to order. 

• On-Demand Printed Booklets:
  • “A Guide to Charitable Giving”
  • “Giving Real Estate”
  • “Giving Securities”
  • “Planning for the Future”

Click here to order. 

• On-Demand Printed Pocket Guides:
  • “Charted Giving Plans”
  • “Federal Tax Pocket Guide”
  • “Personal Planning Guide”

Click here to order. 

• Sharpe Planned Giving Websites

Provide a planned giving microsite to help your donors learn how to give through retirement plans.

Click here to request a demo.