Gifts of Mineral or Royalty Interests

Do you own mineral interests giving you the right to mine or produce minerals lying beneath the surface of a property? Minerals such as oil, gas, coal, iron, sulfur, or precious metals. You can donate mineral interests to The ALS Association, and we’ll hold the interest and collect the royalties, or sell it for a greater, immediate mission impact.

Benefits

Support our mission without taking from your cash flow
Receive an immediate tax deduction based on the mineral interest’s fair market value
May reduce estate tax liability
Bonus: You may be able to donate mineral interests to fund a charitable gift annuity for lifetime income!

Requirements

After an initial conversation reviewing your opportunities to donate mineral interests, you’ll be asked to share property surveys, lease agreements, and environmental evaluations with us
Transfer to the Association with the understanding we may hold or sell the interests
The ALS Association cannot accept gifts of operating or non-operating mineral interests because of the liability and tax consequences associated with those interests. In addition, The ALS Association is unable to accept the environmental and other liability issues that might come with owning working interests.

Let’s discuss the mineral interests you are considering donating, your goals, and strategies for moving forward.

The information presented here is for educational purposes only. Always consult a legal or tax advisor to determine what is best for you.