A charitable trusts allows a donor to leave some or all of their estate to a 501(c)(3) organization, like MVLS. Someone can leave money, stocks, real estate, and other valuable assets after approval from the nonprofit. A charitable trust’s primary goal is to donate to nonprofit organizations, which also may offer specific tax benefits which can help someone minimize their income, estate, and capital gains taxes. You can learn more on the IRS’ website.
Please consult your tax professional for further information and MVLS is available to learn more about your charitable trust and share ways how you can directly support MVLS’ mission.
If you have any questions, we are here to assist you. Please contact Katie Sutton by email or 443-451-4065 and Cara Schaefer by email or 443-451-4090 to learn more about making a charitable trust contribution with MVLS.