Gifts of Mineral Interests
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- Gifts of Mineral Interests
Gifts of Mineral Interests
Mineral interests—such as oil, gas, or other natural resource rights—can be a unique and impactful way to support Roger Bacon High School.
These types of assets can often be structured to provide tax advantages while also helping advance the mission of the school.
Gifts of mineral interests may offer several advantages:
There are several ways to use mineral rights as part of your giving strategy:
If you own land that includes mineral interests, you may choose to donate all or a portion of that property. This can provide a charitable deduction based on the value of the gift.
If royalty income is increasing your taxable income, you may consider directing a portion—or all—of those payments to Roger Bacon High School. This can help reduce your tax burden while supporting a meaningful cause.
You may be able to transfer property while retaining the right to use it during your lifetime. This allows you to make a future gift while continuing to benefit from the property.
Mineral interests can also be used to fund a charitable trust, which may provide income to you or your beneficiaries for a set period or for life, with the remaining value supporting Roger Bacon High School.
Mineral interests are versatile assets that can be used in a variety of charitable planning strategies. Depending on your goals, they can provide income, reduce taxes, and create a lasting legacy.