WaterStone, Inc. (Christian Community Foundation, Inc. dba WaterStone), was incorporated in 1980 and is a tax-exempt 501&#40;c&#41;(3) public charity that helps individuals, families and businesses implement their passion for giving and achieve their charitable goals. WaterStone provides excellence in personalized charitable giving services and educational resources that make giving easy, flexible and effective through a variety of giving solutions. Donors can establish a fund at WaterStone by contributing a variety of assets and WaterStone will provide the support, information and expertise needed to receive those assets.
  
While a majority of donors make gifts of liquid assets to benefit their favorite ministry or charity, there are other gift options which may be more efficient to donate. These assets are known as non-liquid assets or hard-to-value assets because they are more complex than liquid assets such as cash or publicly traded securities which are easily transferable. These non-traditional investments are classified as anything other than cash, bank, mutual fund or annuity products.   

A donor's charitable income tax deductions represent one of the few tax planning opportunities within the individual's control. Gifts of hard-to-value assets that have appreciated in value over the years can provide the donor with additional tax benefits not associated with donations of liquid assets such as cash. These assets are generally subject to long-term capital gain with a tax rate of 15% if the owner disposes of the asset.  However, when the appreciated asset is donated to WaterStone, the capital gains tax is avoided. Also, the donor receives a charitable income tax deduction for the full value of the asset.
