We are happy to accept gifts of stock or real estate. Both are assets that may either be sold for ongoing programs or kept for a specific purpose. One purpose is the CLI Mission Center. We have a vision of training or schooling former inmates so they may become missionaries.
Another is a building and warehouse for CLI. We need a place that can accept pallets and better process our donated materials.
There are certain tax advantages to giving CLI gifts of appreciated stock or real estate. We recommend talking with your accountant regarding your particular situation. In general there can be a tax savings of capital gains on the increase in value of the stock or property and at the same time you may receive an income tax charitable deduction for the full market value of the stock or real estate at the time of the gift.
If you have Stock or Real Estate that you would like to transfer to CLI, please contact Kathleen Skaar, Executive Director of CLI. We can give you specific instructions and our account number to make the transfer easy.