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Consumer Reports Appreciated Assets
Did you know that you can support Consumer Reports mission by donating appreciated assets like real estate, stocks, art works etc. to Consumers Union.
Why Appreciated Assets?
By donating an appreciated asset to Consumer Reports you may benefit from an income tax charitable deduction at the current market value and not pay capital gains on the asset.
You can also designate the ownership of your personal residence and retain the right to live there through your lifetime.
You will receive a charitable deduction and retain lifetime use of your home.
How Can I Find Out More?
Contact Martin I. Kagan at (914) 378-2164 or mkagan@consumer.org. Or write to Martin at:
Martin I. Kagan Senior Director, Development Consumers Union 101 Truman Ave Yonkers, NY 10703
This is not legal advice. Any prospective donor should seek the advice of a qualified estate and/or tax professional to determine
the consequences of his or her gift.
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