Planned Giving is the process of incorporating charitable giving into an overall personal estate and financial scheme. Through careful planning, you can achieve your philanthropic goals while at the same time improving your personal financial position. By supplementing your retirement, or providing additional support and security to your family.

Planned Giving also can bring substantial estate benefits. You might be able to shelter the appreciation of expected estate assets, thereby reducing the inheritance taxes to your family. Or you might want to provide lifetime security for your family members without burdening them unnecessarily with unfamiliar investment and financial decisions.

Benefits of Planned Giving:

(varies depending on the financial instrument)

• An immediate federal income tax deduction for a portion of the gift’s value
• Elimination of capital gains tax at the time of the transfer (if the asset is in the form of securities or real estate that have appreciated in value)
• Increase in spendable income (if the gift is made to a life income plan that produces a higher yield than the donated asset)

Ways to Make a Planned Gift:

• Bequests
• Life Insurance
• Gifts That Provide Income

We look forward to answering your questions
Since everyone’s personal financial situation varies, the optimal use of a gift plan requires careful planning with both the charitable beneficiary and with your financial and/or legal advisors. Staff members in the Development Office are happy to answer your questions and to discuss gift opportunities with you or your advisor.

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