Sentences with phrase «outright gift of cash»

Some people choose to give an outright gift of cash in one lump sum, while others choose to spread their donation out over time by pledging an amount and indicating the time frame in which they want to give.
«An outright gift of the cash investment is acceptable if the donor is the borrower's relative, the borrower's employer or labor union, a charitable organization, a governmental agency, or public entity that has a program to provide home ownership assistance to low - and moderate - income families or first - time home buyers, or a close friend with a clearly - defined and documented interest in the borrower.»

Not exact matches

One attraction of donating appreciated securities, like stock, is that the tax savings enable you to make a gift at less cost than if you were to donate the equivalent amount in cash outright.
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