Donor

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Donor

One who gives property or assets to someone else through the vehicle of a trust.

Donor

A person or institution who gives assets to another person or institution, either directly or through a trust. Under most circumstances, donors can deduct the value (or depreciated value) of the assets given from their taxable income. While many donors give out of the goodness of their hearts, many do so in order to avoid taxes, especially when donating through a trust.

donor

One who gives a gift.

References in periodicals archive ?
The individuals observing fast can donate blood after Iftar.
The problem with car donation programs is that most of the benefits accrue not to the charity, but to the person who donates a car.
If they choose to donate the stock, their total income tax savings (as Baltimore residents) is $2,200.
The second most popular choice to which readers donate, religiously affiliated organizations (19 percent), also depends on membership.
Encourage your parents, siblings, and friends to donate.
If a corporation donates excess inventory to certain qualified charities, it can take a federal tax deduction of as much as twice the cost of the goods.
2) Teddy Lake donates blank scrapbooks and scrapbooking materials to young patients at Tarzana Regional Medical Center.
Alternatively, the landowner can donate land by will to ensure protection after his or her death.
Texas Co The annual Tom Thumb/CBS 11-TV Food Drive allows shoppers to purchase and donate pre-packaged goodie bags containing the foods most needed by food banks, such as canned tuna and peanut butter.
We pride ourselves on acting scrupulously,'' said General Atomic's Fouquet, who said the company's political action committee donates to lawmakers who share the company's philosophy.
Winning Bidders of Online Auctions Can Donate Items and Ship Them for Free
Butterflies, birds, a caterpillar and flowers cascade from the trunk of a fallen tree in the Pasadena Tournament of Roses float ``Life Transformed'' - aimed at inspiring people to donate organs, tissues and blood.