Planned Giving

A popular and enduring planned gift is a simple gift in your will. This is a powerful opportunity to leave a lasting legacy. When you make a gift in your will, you retain full use of your property during life, so there is no disruption of your lifestyle and no immediate out-of-pocket cost.

In either a new or existing will, simply designate that part of your estate passes directly to us. You have remarkable flexibility in how you make this designation. For example, you can leave:

• a specific asset
• a specific sum of money
• a percentage of your estate
• what remains of your estate after you have provided for all of your other beneficiaries

You can also state exactly how you want your gift to be put to use. Or, you can provide an unrestricted gift that can be used whenever and wherever it’s needed most. Most importantly, you can change your gift whenever you choose—you remain in complete control of the planning process.

Contact us for more information about making a gift in your will.

Gifts of long-term, highly appreciated securities are the most common type of outright property gift. Donors typically give individual stocks, but bonds or mutual fund shares are also attractive gift options. Outright gifts of securities can be made quickly, and these gifts let you have a bigger impact thanks to the tax advantages.

A charitable gift of appreciated securities held long term is not considered a sale and does not generate any capital gains tax, no matter the amount of the gain. To encourage gifts of appreciated property, Congress provides a valuable tax incentive—a charitable income tax deduction for the full fair market value of the securities (including the gain) for itemizers.

For example, if you give shares of stock worth $10,000, you can deduct the full amount on your income tax return (subject to certain income limitations) even if you bought the stock for $1,000. In addition, when we sell the stock, we keep every penny of the proceeds since we are a tax-exempt organization.

Note: Be sure to transfer the stock directly to us. Do not sell the stock, or you will lose this important tax advantage. Contact us for more information about gifts of securities.

A qualified charitable distribution from an IRA is a good way for IRA owners age 70½ and over to support our work. It’s easy to do.

• Instruct your IRA custodian to make a distribution directly to our organization.
• Although there is no tax deduction, the distribution is excluded from your income for federal tax purposes—no tax is due!
• Up to $108,000 of your gift (annual aggregate limit for 2025) qualifies for this favorable tax treatment.
• Your gift makes an immediate impact.
• A qualified charitable distribution from an IRA counts toward a donor’s required minimum distribution (RMD) if one is due.

Consider the life income option
IRA owners age 70½ or older may also choose to make a one-time, tax-free IRA distribution of up to $54,000 (in 2025) to create a new charitable gift annuity (CGA) or a charitable remainder trust (CRT). The distribution counts toward your RMD if one is due. This is an option worth considering if you want to make a gift from your IRA and establish a new income stream.

Note that spouses may contribute up to $54,000 each (in 2025) from their individual IRAs into a single CRT or a joint-life CGA. Payments may only go to you and/or your spouse.

Please contact us to learn more about planning and completing a qualified charitable distribution, or click here to calculate your required minimum distribution.

Many donors use qualified retirement account assets in their charitable gift planning. This is an easy gift to make and has distinct planning advantages.

Retirement account assets left to loved ones may be subject to higher taxation than other types of assets. By using retirement account assets to make a gift (and selecting alternative assets to leave to family members), you may be able to reduce taxes that otherwise would be imposed on those assets and leave more to your intended beneficiaries.

Contact us for more information about gifts of retirement account assets.

One method of making a gift that creates an income stream is a charitable remainder trust. Benefits include:

• An income for you and/or your beneficiaries for life or a period of up to 20 years
• An immediate and substantial income tax charitable deduction (subject to certain income limitations) for itemizers
• Potential to bypass current capital gains taxes when the trust is funded with long-term appreciated property
• Reduction of your assets to minimize or avoid estate taxes
• Substantial reduction of probate costs, taxes, and other estate transfer expenses

An Immediate Charitable Deduction

A gift to a charitable remainder trust qualifies for an immediate income tax deduction, even though income will be paid to you (and/or other beneficiaries) for life. The exact amount of the charitable deduction depends on the:

• value of the property transferred to the trust
• amount of income benefits that are payable each year to individual beneficiaries
• approximate length of time the income benefits will be paid
• prevailing interest rates at the time the gift is made

Despite the tax and financial benefits of a charitable remainder trust, you should consider this kind of arrangement only if you and your advisors determine it is compatible with your overall estate, tax, and financial plan.

Contact us for more information about charitable remainder trusts.

Life insurance is also an excellent tool for accomplishing philanthropic goals while realizing other important financial objectives. Life insurance may even allow you to make charitable gifts you would never have dreamed possible.

Making a gift of life insurance is quite simple. If you are the insured policy owner, you simply transfer physical possession of your paid-up policy to us and file an absolute assignment or transfer of ownership form with your insurance company. Your company will then send a letter to us showing that we are the sole owner of the policy.

Hypothetical Example

Emmett owns a $100,000 life insurance policy with a cash value of $40,000. No further premiums are due, and he no longer needs the coverage. He can ensure that we will receive $100,000 at his death by making us the beneficiary, or he can transfer ownership of the policy to us now. When he transfers ownership, Emmett receives an itemized charitable deduction equal to the lesser of his cost basis or the policy’s replacement value.

Contact us for more information about gifts of life insurance.

Donor-Advised Fund

Make an irrevocable gift to a fund maintained by a charitable organization and enjoy an income tax charitable deduction for the full amount of the gift. As the name implies, you can advise the fund regarding distribution; however, you may not place material restrictions on the fund.

Revocable Living Trust

Create a trust that can be revoked or changed during your lifetime that directs the disposition of your assets, including charitable gifts. Used alone or in conjunction with a will, a revocable living trust can minimize the cost and delays associated with probate, facilitate asset transfer, provide privacy and, unlike a will, ensure asset management continuity in the event of disability.

Gift from an IRA

Transfer up to $108,000 (annual aggregate amount in 2025) directly from an IRA to us. The gift, available to those age 70½ or over, counts toward your RMD if one is due, and you pay no tax on the distribution.

Charitable Lead Trust

Create a charitable lead trust that benefits us for a number of years, returns assets to your beneficiaries, and minimizes taxes.

Closely Held Stock

Donate closely held stock. You enjoy a charitable deduction equal to the appraised value of the stock with no capital gains tax due.

Contact us for more information about additional methods of giving.