Possibility of making legacies or donations of assets to the Fundació Foment del Bàsquet

Possibility of Making Bequests or Donations of Assets to the Fundació Foment del Bàsquet

The Fundación Foment del Bàsquet, as a non-profit entity dedicated to the promotion and development of basketball, offers various ways for individuals and companies to contribute to its growth and sustainability. Among these ways, the possibility of making bequests or donations of assets stands out. These contributions not only help to guarantee the future of the Fundació, but also have an important impact on grassroots sport and the promotion of values ​​such as solidarity, teamwork and effort.

What are Bequests and Donations of Assets?

Bequests and donations of assets are forms of voluntary contribution through which assets, such as real estate, money, or valuable objects, can be transferred to an entity such as the Fundació Foment del Bàsquet. Legacies are the way in which a person arranges for part or all of their assets to be allocated to a specific cause, at the time of their transfer. Donations, on the other hand, can be made during life, and can be one-off or periodic donations, with tangible goods or money.

Advantages of Making Legacies or Donations to the Fundació Foment del Bàsquet

1-Promoting sport and social values: Donating assets to a foundation dedicated to sport such as the Fundació Foment del Bàsquet directly contributes to the creation of programs and initiatives that promote basketball among children and young people. This also implies the possibility of helping to develop new facilities, train coaches and organize competitions that allow access to sport to all social sectors.
2-Tax benefits: Legacies and donations to non-profit entities, such as the Fundació Foment del Bàsquet, can enjoy important tax advantages. Individuals and legal entities that make these contributions can benefit from deductions in personal income tax or corporate tax, depending on the legislation in force. This makes a donation also an interesting option from a tax point of view.
3-Legacy with a specific cause: Donors or testators can specify the destination of their assets. This allows the person interested in making a legacy to guarantee that the funds or assets given are allocated to specific areas such as the training of young players, the creation of scholarships for families with fewer resources, or the construction of sports infrastructure.
4-Maintenance of the personal legacy: A legacy allows the memory of the donor to persist over time. Their contribution is recognized in the context of the Fundació Foment del Bàsquet, with which a lasting project with social and cultural impact is linked. This can also help strengthen the reputation of the Fundació and grow its network of collaborators and supporters.

How to Make a Bequest or Donation to the Fundació Foment del Bàsquet?

1-Contact the Foundation: The first step to make a donation or legacy is to contact the Fundació Foment del Bàsquet. The Foundation has specific channels to manage this type of contribution, and the specialized staff can advise on the specific destination of the donated or bequeathed goods.
2-Agree on the donation or granting of a will: Once in contact with the Foundation, it can be agreed whether the donation will be one-off or periodic, as well as the amount and nature of the goods. This agreement can be formalized by a private or public contract, or in the donor's will, in the case of legacies.
3-Make the donation: Donations can be in cash or in kind (real estate, sports equipment, etc.). In the case of real estate, for example, the signing of notarial documents will be required to formalize the transfer of ownership to the foundation. The will must be executed before a notary.
4-Tax benefits: It is important to consult with a tax advisor to ensure that all available tax benefits are being taken advantage of, which may vary depending on the regulations in force at any given time.

Making bequests or donations of assets to the Fundació Foment del Bàsquet is an excellent way to contribute to the growth and development of basketball in the community, helping to generate new opportunities for young people and promoting positive values ​​through sport. In addition, these types of contributions allow donors to leave a lasting imprint on a project of great social impact, with significant tax benefits. Therefore, if you are an individual or company interested in supporting this cause, it is worth exploring the available options and contacting the Fundació for more information on how to contribute your assets."