When you include Harvard Medical School in your estate plan, you create a legacy to help secure a healthier tomorrow.

Your planned gift directly helps to improve health and well-being for all.

Which gift option is best for you?

Your Goal(s) Future Gift:
Wills & Trusts		 Future Gift:
Beneficiary Gifts		 Income Generating Gift:
CGA		 Income Generating Gift:
CRT		 Estate Tax-Beneficial Gift:
CLT
Reduce income taxes     ✔ ✔  
Reduce estate taxes ✔ ✔ ✔ ✔ ✔
Reduce capital gains taxes     ✔ ✔  
Received fixed income for life     ✔ ✔  
Receive income for life, hedged for inflation       ✔  
Keep assets during lifetime ✔ ✔      
Help your heirs avoid income tax   ✔     ✔
Contributing Assets          
Cash ✔   ✔ ✔ ✔
Appreciated securities ✔   ✔ ✔ ✔
Real estate ✔     ✔  
Art, antiques, patents, and other personal property ✔     ✔  

Learn more about these types of gifts

Future

Wills & Trusts and Beneficiary Gifts: You can make a gift without giving up any assets during your lifetime. You can name HMS as a beneficiary of a portion of your estate through your will, retirement plan, or other estate plans.

Income Generating

Charitable Gift Annuities (CGAs) and Charitable Remainder Trusts (CRTs): Your gift will have the tangible impact you want: income for life for you while supporting the HMS’s mission.

Outright

Cash, Securities (stocks, bonds, and mutual funds), Real Estate, Tangible Personal Property, and/or Retirement Plan Assets: Experience the joy of seeing your contribution impact HMS’s mission immediately.

Gifts of Special Assets

  • Real Estate

    How It Works

    Owning real estate that has appreciated in value since it was purchased or inherited can be wonderful. However, that real estate can become a significant tax burden that you no longer want to manage. If so, consider helping yourself while helping HMS by making a gift of real estate. You might also consider using your property to help generate income for the future. Here are some flexible arrangements to meet your needs:

    • Give your entire property by transferring the property deed to HMS. Harvard will sell the property, and the proceeds will support the area of your choosing. One hundred percent of its appraised market value is deductible for income tax purposes.
    • Give a percentage of your property by deeding a percentage interest in your property. When it sells, you and HMS share proportionately in the proceeds. The income tax deduction from your gift can offset the capital gain generated by the sale.
    • Receive income for life by funding a charitable trust or gift annuity with your property. You and another beneficiary will receive annual income for life. Trust assets can be invested in the Harvard endowment and provide variable income for life, while gift annuities provide fixed income for life. Both gifts qualify for an immediate income tax deduction, plus you can save on estate taxes and minimize or avoid capital gains tax.
    • Leave your property through your will or trust and reduce or eliminate estate taxes while fulfilling your financial, tax, and estate planning goals.

    Acceptable Properties

    • Personal residence
    • Vacation home
    • Farm or agricultural land
    • Ranch
    • Commercial property or lot
    • Undeveloped or unimproved land

    Benefits

    • Obtain assistance from Harvard in selling your property
    • Secure a charitable income tax deduction and potentially save on gift and estate taxes
    • Receive quarterly income for life from a trust or annuity
    • Unlock appreciated assets without incurring capital gains tax
    • Avoid separate investment management fees for certain gifts and access broad investment diversification through Harvard Management Company
    • Improve health and well-being for all
    • Create enduring impact at HMS

    For more information, please contact our gift planning team at 800-922-1782 or email giftplanning@hms.harvard.edu.

  • Securities (Stocks, Bonds, and Mutual Funds)

    How It Works

    Benefits

    • Qualify for a deduction for the mean market value of a security you have owned at least one year
    • Utilize the deduction for up to 30 percent of your adjusted gross income
    • Carry forward any unused deduction for up to five additional years
    • Reduce potential capital gains tax

For more information about wills and trusts, beneficiary gifts, charitable gift annuities, charitable trusts, or other planned giving arrangements, please contact our gift planning team at 800-922-1782 or email giftplanning@hms.harvard.edu.