Charitable Gift Planning

Gray Plant Mooty has been a national leader in charitable gift planning since the Tax Reform Act of 1969 inaugurated the current era of planned giving.

• We have over 100 years of combined experience assisting donors and charities planning and implementing charitable gifts.
• We have obtained a number of groundbreaking IRS rulings that have opened up new categories of assets for use in charitable giving.
• Our team members speak regularly at regional and national gift planning conferences.

A Wide-Ranging Practice

We represent philanthropically minded individuals and a broad array of charitable institutions, including colleges and universities, national church bodies, health care systems, arts organizations, and social service agencies.

We work with all types of charitable gifts. Our team has established charitable remainder trusts funded with publicly traded securities, interests in closely held businesses, commercial and residential real estate, retirement accounts, rare musical instruments, and cattle and other farm commodities. We have set up many charitable lead trusts and charitable gift annuities, both simple and complex.

Comprehensive Gift Planning Services

Our Charitable Gift Planning team offers charities and donors a full spectrum of legal services.

• We assist donors in making both simple and complex charitable gifts.
• We help institutions develop effective gift acceptance policies and procedures.
• We prepare memorandums that explain in simple terms the operation and tax consequences of complex gift plans.
• We draft charitable trust agreements and other charitable gift documents, from the very basic to the highly sophisticated.
• Once a planned gift is in place, our team can help keep it running smoothly or iron out difficulties should they occur.
• In the rare cases where disputes with donors or beneficiaries arise, we work with institutions to negotiate satisfactory resolutions, and where necessary, we represent institutions in litigation.
• Should a particular charitable gift require it, our team can also draw on the expertise and resources of colleagues in Gray Plant Mooty's other practice groups, such as Real Estate, Environmental, Corporate, and Securities.

Representative Clients

• Mayo Clinic
• University of Minnesota Foundation