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 ?
Relative to the importance of using identity theory to predict organ donor behavior and intentions to donate, this theory states that being strongly committed to a role reinforces identity with the role, which tends to reinforce behaviors associated with the role.
B purchases a new copier and donates the old one to a local charity.
Instead of the taxpayer writing a check directly, he or she can donate vacation, sick leave, or personal leave credits before January 1, 2007, to a particular organization, and the employer would make the payment.
Throughout October and the rest of the year, PursePal will donate $5 to the Susan G.
RESTAURANTS DONATE TO TSUNAMI VICTIMS: From the high-end to the health-conscious, restaurants in the Los Angeles area are banding together to donate about $30,000 to aid victims of the tsunami disaster.
As part of the LEGO Builders of Tomorrow program, children are encouraged to donate one of their LEGO bricks and send drawings, photos or notes describing something they think would help New Orleans become a strong city again.
In addition to the funds raised during the event, General Mills will donate up to $25,000 more in March through a bakery mix promotion in which the company is donating $5 for every bag of Danish mix sold to bakeries across the country through March 10.
People can also donate playing cards; small board games such as chess, checkers or cribbage; jigsaw puzzles; recent paperback books, especially mysteries, action, drama and science fiction; puzzle books; and comic books.
More donations came to the foundation when a 1966 Shelby Cobra CSX3000 Roadster (Lot 1291) sold for $594,000 and the seller, Melvin Jones, graciously agreed to donate 20 percent of the final auction price above $350,000.
Club members decided to donate teddy bears to children in New York, and the success of the project caused them to make it an annual event and to shift the focus of the donations to the CHP, Laureta said.
Through the LEGO Builders of Tomorrow program, children are encouraged to donate one or more of their LEGO bricks and send drawings, photos or notes describing something they think would help New Orleans become a strong city again.
Carlos Cortez, 72, of Granada Hills said he felt compelled to donate $35 after learning about the organization's burglaries.