Planned Giving
PLANNED GIVING
Are you looking for ways to save on your taxes this year through charitable giving? Would you like to avoid capital gains tax on the sale of your appreciated assets? Are you interested in ideas to help you plan and save for the future? If you answered yes to any of these questions, a planned gift can help you achieve your goals.
Planned giving provides many benefits. There are ways to increase your income now or in the future and save you money on taxes. With a planned gift, you can also create your legacy while furthering our charitable mission.
Common Types of Planned Gifts:
- Bequest - you leave a gift to us by including a bequest in your will or trust.
- Beneficiary Designation - Virtually any financial arrangement that allows you to designate a beneficiary can be adapted as a wonderful gift to us. When completing the beneficiary designation form simply name the Clubs as a beneficiary. Beneficiary forms are provided by your financial institution or insurance company.
- Retirement Assets - You make a bequest to us of your retirement assets including your IRA, 401(k), 403(b), pension or other tax deferred plan.
- Gift Annuity - A Charitable Gift Annuity (CGA) is a contract between you and us. In exchange for a gift of cash or property, we agree to make fixed payments to you for the remainder of your life.
- Charitable Remainder Trust - You transfer cash or appreciated property to the CRT. The CRT is a tax-exempt trust that can sell the property without paying capital gains tax.
- Life Estate Reserved - You execute a deed transferring your home or farm to us. On the deed, you retain a “life estate” that grants you the right to use the home for life. You receive an income tax charitable deduction for your gift.
We are happy to help. Please take a look at our Guide to Planned Giving
and contact us
to answer any questions.
