Planned Giving

Gifts of Partnership Interests
Gift illustration

How it works

You convey a partnership interest to the Delaware Community Foundation for a fund you create or designate.

Depending on the circumstances, the Delaware Community Foundation may choose to continue the partnership interest or to sell it and use the proceeds.

Benefits

• You receive gift credit and an immediate income tax deduction for the appraised value of the donated partnership interest, net of any liabilities that might pertain to it.
• Under certain conditions, you may be able to gift a partnership interest to a life-income arrangement, such as a FLIP Unitrust.
• You can have the satisfaction of making a significant gift that benefits both you and a fund at the Delaware Community Foundation during your lifetime.

For more information

Email us, complete the personal illustration form, or call us at (302) 504-5224 so that we can assist you through every step of the process.