Generally speaking, planned gifts represent gift options that can be designed to meet your personal philanthropic and financial goals. Some planned gifts, such as a gift in your will, require no current outlay of funds at all. And other planned gifts, including the charitable gift annuity, make it possible to support our work, enjoy a tax deduction if you itemize, and receive a lifetime income at the same time.

A planned gift can be a rewarding way to make a difference in others’ lives. Please contact us if we can provide more information or help you in any way.

P.S. We invite attorneys, CPAs, financial planners, and other professional advisors to click the “Professional Advisors” link to use our Advisor Reference Tool (ART) program. It provides more detailed information about planned giving concepts and techniques.

Making a Difference

Five tried-and-true gift practices

In every field, from business to education to public policy, there are “best practices”—methods or techniques designed to ensure quality and produce optimal results. Charitable giving is no exception. While some best practices are subjective, there are tried-and-true concepts that all donors should keep in mind when planning a gift. Consider these five practices to help you make the most of your philanthropy.

1. Plan—and be specific.

Set aside some time to understand the motivation behind your gift. What do you want to accomplish? Is there a specific area or program that is most important to you? Do you want to support our work now or in the future (or both)? Do you want to honor or remember someone special with your gift?

2. Communicate thoughtfully.

Talk to us about your gift—we can provide useful information. Consult your advisors to see how your gift fits with your overall planning. And share your intentions with your loved ones—your charitable legacy sets an example for others to follow.

3. Know your comfort level.

It’s natural to want to give as much as you can as soon as you can to a meaningful cause. However, this may not be practical for your current situation or your long-term estate plans. Whatever your comfort level, there are gift options that will work for you, such as combining a current gift with a larger future gift or perhaps a flexible revocable gift.

4. Consider how giving fits into your personal planning.

Whether you are considering a yearly budget or preparing your will, charitable giving is an important part of your planning. Evaluate how philanthropy aligns with your legacy goals and financial situation. Explore various gift options that can meet multiple needs, providing flexibility and impact both now and in the future.

5. Maximize your benefits.

Choose assets and options that provide helpful benefits. Qualify for an income tax deduction, bypass capital gains tax, create a lifetime income stream, or use a required minimum distribution you don’t need. We can help you determine the best gift options for your situation.