A non-cash asset contribution is a gift to a nonprofit or a charity that comes in many forms including real estate, cryptocurrency, privately held business interests, or even fine art and valuable collectibles. By donating all or part of your non-cash assets to FINCA Canada, you will benefit from tax deductions. Most important, your non-cash asset contribution will support our mission to alleviate global poverty and improve livelihoods of vulnerable communities worldwide.
Appreciated non-cash assets incur capital gains tax when sold. Instead, you can reduce or even eliminate your capital gains tax on non-cash assets when you give to FINCA Canada. The monetary value of non-cash asset contributions can be boosted by up to 20% because of the potential to eliminate capital gains tax on appreciated assets. Ultimately, your non-cash asset contribution can have a greater impact and enable FINCA Canada to provide more basic needs and services, where it matters most.
Receive a fair market value charitable deduction in the tax year you give a non-cash asset (real estate, art, collectibles, etc.)
Reduce or eliminate capital gain taxes on appreciated non-cash assets
Decrease the burden of taxes on your family
Leave a lasting legacy to FINCA Canada
You may be able to use the asset or property you will leave to FINCA Canada during your life