What is Planned Giving?
Planned giving (sometimes referred to as gift planning) is a
set way to leave money or assets to a nonprofit at death, or a way to invest money so the donor receives
benefits during his/her life and then bequeaths the remaining
funds to the nonprofit.
Unlike cash donations, planned gifts are typically made from
assets in your estate rather than your disposable income, and
come to fruition upon your death.
- Bequest in your will is the act of
giving personal property or money as stocks, bonds, and cash
left to an individual or organization through the provisions
of a will or estate plan.
- Beneficiary designation on a life insurance
policy: a beneficiary is the recipient of the
proceeds of the policy when the named insured dies.
- Life income gift is a gift arrangement
in which the donor makes an irrevocable transfer of property
to a nonprofit or charity, and at the same time retains an
income interest to his/her benefit.
- Charitable lead trust is an irrevocable
trust that is made in favor of a charity or nonprofit and
that allows the organization to receive income from the
trust property for a specific length of time then leaves the
remainder of the trust to designated beneficiaries, usually
Gifts of Securities are gifts of common stocks, bonds, mutual
funds, or other appreciated securities that may be made to the
Arts Fund Endowment.
We would be happy to discuss possible options with you for
making a contribution to the Arts Fund Endowment. Before making
an estate gift, we always recommend seeking independent
professional legal, accounting, or investment council.