Gift Options
A transfer of property from an estate to a named individual or organization. A bequest to charity entitles the donor to an estate tax deduction for the full value of the property transferred. Language of the bequest must be specific as to the identity of the charitable organization. Learn more
A charitable gift annuity is a contract in which a donor transfers cash or marketable securities to a charity in exchange for a current income tax deduction and the organization's promise to make fixed annual payments to the donor or donors for life. Learn more
A deferred gift annuity is a charitable gift annuity in which the fixed payments to the donor or donors are deferred to a specific date in the future – as determined by the donor. Learn more
Under the IRA Charitable Rollover Extension Law, individuals 70 ˝ and older can donate up to $100,000 from their IRAs to charities tax -free for the 2009 tax year. Learn more
A charitable remainder annuity trust is an irrevocable trust that gives the donor a fixed income of at least 5% for life or a fixed term of years and a current income tax deduction. Learn more
A charitable remainder unitrust is an irrevocable trust that gives the donor a variable income for life or a fixed term of years, recalculated yearly and a current income tax deduction. Additions can be made to the trust. Learn more
A trust designed to reduce beneficiaries' estate tax liability by first donating the trust's income to a charity and then, after a specified period of time, transferring the remainder of the trust to the beneficiaries. Learn more
You may wish to make the organization the beneficiary (or a contingent beneficiary) of a life insurance policy as a way to make a sizeable future gift. Learn more
A retained life estate allows you to donate your personal residence (such as a home, cabin, or farm) while retaining the right to live in and use the property. When you make the gift, you retain the right to use the property for the rest of your life, a term of years, or a combination of the two. In exchange for your remainder interest gift, you receive an immediate income tax deduction. Learn more
The Pooled Income Fund is a trust that is managed by the charity and generates income to the donor for life and a tax deduction in exchange for the gift. The amount of income varies based on the earnings of the investment pool. Learn more
|
