Capital Gains - How to Avoid?

Has anyone looked into setting up a “Private Charity” as a way to avoid capital gains taxes?

I ran across this site that claims they will set up a “Private Charity” and help avoid capital gains taxes.

Has anyone heard of this organization or know anything about this?



So, rather than paying capital gains taxes to the IRS you are willing to pay almost the same amount to this company as their transaction fee?

I don’t see how this really benefits you if the profit to be shielded is a modest amount (less than $100K), and only of marginal benefit for larger amounts up to $1MM.

It may be that I am a little dense, here, but I just don’t get how the money returned to you by the trust is not taxable income in some fashion which seems to negate the tax benefit of the charitable deduction.