Making a gift of appreciated stock can be more advantageous to you than giving cash. If you give stock that you have held more than one year, you receive a charitable deduction for its full fair market value, and you realize no capital gains. If you donate stock held one year or less, your charitable deduction is limited to your cost basis. The value of your gift for both your charitable deduction and gift crediting purposes is the average market value of the shares on the date of transfer. If you plan to make a gift of securities, please email us at giving@austenriggs.net.

Physical issues should be sent via registered mail to:

The Northern Trust Company
Attn: Trade Securities Processing
801 South Canal C1-N Chicago, IL 60607
RE: Austen Riggs Center Account #: A4490356

Stock Contribution
Depository Trust Company
The Northern Trust Company Trust Department
Participant # 2669
RE: Austen Riggs Center Account #: A4490356

A gift through a donor advised fund is an excellent way to support Riggs and receive tax benefits. Please contact the sponsor of your donor advised fund and recommend a grant to the Austen Riggs Center.

As you review and update your financial plans, we hope you will consider providing for Riggs through a bequest, trust, retirement plan, life insurance, or gift of real estate. And if you have already included Riggs in your estate plans, please let us know so that we can thank you personally and welcome you into our 1919 Society.

Among the most popular planned gifts:

Bequest
A will provision allows you to provide Riggs substantial financial support without diminishing the assets available to you during your lifetime. Since bequests are deductible from your taxable estate, significant tax savings may be possible. Another common way to provide testamentary support for Riggs is through a provision in your revocable trust.

We provide donors and their advisors with sample language to facilitate this type of gift. We also encourage donors to consider naming Austen Riggs as a beneficiary of retirement plans or similar assets, which would otherwise produce income in respect of a decedent for their heirs. The following sample language is suitable for both will provisions and codicils:

I give, devise and bequeath __________________________________ (insert dollar amount, percentage of your residuary estate, or property to be given) to the Austen Riggs Center, a not-for-profit corporation located at 25 Main Street, P.O. Box 962, Stockbridge, MA, 01262 for its general charitable purposes.
Charitable Remainder Trust

You can use an irrevocable trust to provide yourself and/or a loved one with a fixed annual income or an income that varies with the value of the trust. Part of your gift qualifies for an income tax deduction. At the death of the last income beneficiary, the corpus of the trust is distributed to Riggs.


Charitable Lead Trust
You can support Riggs and other charities for a term of years or for the life of an individual by creating a charitable lead trust. Income will be paid to Riggs each year during the term of the trust. When the trust terminates, the assets in the trust revert to you or to individuals you wish to benefit.


Retirement Plan
Naming Riggs a partial or full remainder beneficiary of your retirement plan is easy, inexpensive, and beneficial from a tax standpoint. Distributions to Riggs from your retirement plan are not taxed, since Riggs is a tax-exempt organization, while distributions to you or your heirs from a retirement plan are usually fully taxable as ordinary income.


Life Insurance
When you give a life insurance policy to Riggs, the cash surrender value of the policy or the cost of a replacement policy is deductible as a charitable contribution. Premiums paid after your gift are also deductible. Riggs may be named a full or partial beneficiary of your policy, while you maintain ownership. This approach is similar to a bequest provision in your will.


Real Estate
A residence or other real property may be given as an outright gift, or you may give your residence, farm, or vacation home and retain the right to occupy it for life. You get a charitable deduction in the year in which you arrange your gift.

For more options and further information, please contact the Development Office at giving@austenriggs.net.

You may be able to double or triple your gift to Riggs if the company you work for has a matching gift program. Check with your employer’s Human Resources office. Send the matching gift form provided by your employer to:

Development Office
Austen Riggs Center
PO Box 962
Stockbridge MA 01262

Austen Riggs will give you credit for both your gift and your company’s match. (On your income tax return, you may only deduct the portion you contribute.)

Austen Riggs accepts gifts-in-kind that are appropriate to its mission. Gifts-in-kind may include, but are not limited to, works of art, scientific equipment, books, real estate, etc. Please contact the Development Office, at giving@austenriggs.net for more information.

With annual gifts of $1,000 or more, members of the Benefactor Circle provide leadership support for the mission of the Austen Riggs Center. While Riggs values gifts of any amount, this group merits special acknowledgment.

Riggs has received many generous bequests and other estate donations that have helped build an endowment, fund increased financial aid for patients, and secure the Fellowship training program. The 1919 Society recognizes and honors those who have provided for Riggs in their estate plans. There are a number of ways to plan a gift that provides generously for Riggs while at the same time providing your estate with significant tax benefits and helping you meet other financial planning needs.