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Say Yes to Non-Cash Donations: How a Charity Fund Can Help

Kristin Hammett

Kristin Hammett

April 28, 2023

Some of the best parenting advice I got when my kids were little was from a mentor mom who said, “Look for ways to say ‘yes.’”

I said it was the best advice I got; not that I followed it.

Saying “yes” to kids can be harder than it sounds. Whether it was playing with playdough right after I’d cleaned the kitchen, or playing dress up when it was time to make dinner, or reading another story when I just wanted time to myself, I didn’t find enough time to say yes.

Let’s be honest, it was easier to say, “no.” Not because it was wrong or dangerous to say yes, but because it wasn’t convenient.


Say Yes to Your Donors

This isn’t a blog about parenting, but it is a blog about saying yes. And it’s not as hard as you may think.

As a nonprofit leader, you’re helping donors say yes to a passion God has put on their hearts. You are helping them say yes to those who are hurting and yes to finding a solution to solve problems in our world.


Say Yes to Non-Cash Gifts

Can you also say yes to a donor who wants to support you with a nontraditional gift? Are you positioned to say yes to a non-cash asset donation?

Did you know that assets like stock, cryptocurrency, oil and gas interest, real estate, or a closely held business interest can all be donated to support your work? They all represent opportunities for donors to give out of their wealth, not just their cash. Ninety percent of America’s wealth is in assets outside of cash.

If we really want to grow impact and expand services, we need to help donors give out of their wealth. That includes getting ourselves ready to say yes as soon as the donor is ready to give.

A charity fund at The Signatry positions you to say “yes” to these kinds of non-cash asset donations. With a charity fund, your donors may donate a gift in any form, and the asset can be liquidated inside the fund. The Signatry handles the paperwork, processing, and liquidation. You get to continue to do the work you’re called to do.


Say Yes to Expanded Generosity

Donors are also well-served when they can give in this way for two key reasons:

  • The donation can be tax deductible.
  • Capital gains tax can be mitigated.

It is a savvy way to give more. When a noncash asset is given to a charity fund, the possible tax reductions expand the capacity to give.

Unlike me following parenting advice, take a minute and invest time into saying yes.

A charity fund helps you say yes to noncash giving opportunities and to doing more to solve problems and serve others.

Have more questions about charity funds?

Learn more about how a charity fund works, how it could help your donors give differently, and how it could benefit your nonprofit’s fundraising efforts.

Charity Fund Fact Sheet

About Kristin Hammett

Kristin Hammett

As the Director of Nonprofit Success at The Signatry, Kristin Hammett works to train, consult, and equip nonprofits with fundraising solutions to connect God’s resources with His work

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