WHAT IS PLANNED GIVING?
A planned gift can be a simple and fulfilling way to make a significant and lasting impact at IGHL
WHAT TYPE OF PLANNED GIFT?
Bequest – Bequests can be as simple as naming IGHL as a beneficiary in your will or trust. The gift can be stated as a percentage of the estate, as a dollar amount, or as a specific asset.
Charitable Gift Annuity – Making a gift through a charitable gift annuity allows the transfer of cash or property to IGHL in exchange for a partial tax deduction and a lifetime stream of annual income from the charity. Many advantages exist from this type of gift, for both IGHL and the donor.
Charitable Remainder Trust – A charitable remainder trust allows for the creation of a retirement plan that offers maximum income to the donor and makes a deferred charitable gift to IGHL.
Charitable Lead Trust – Establish a charitable lead trust to make payments to IGHL for a set period of time. The remainder will then pass to the donor’s child or grandchildren. A lead trust could create significant gift and estate tax savings.
Gifts of Life Insurance – Naming IGHL as a beneficiary in a life insurance policy could result in estate tax savings for heirs. It is also possible to donate a policy that is no longer needed and qualify for an itemized income tax deduction.
Retirement Plan Assets – Naming IGHL as beneficiary of part or all of an IRA or retirement plan could result in tax savings and, in some cases, income tax savings.
Gifts of Appreciated Property – The donation of securities or real estate offers an excellent opportunity to provide a charitable gift with tax benefits, including avoiding capital gains tax on appreciation and a charitable income tax deduction equal to the full value of the donated assets.
Gifts of Artwork – IGHL accepts gifts of valuable artwork or other collectables. Please provide an appraisal at the time of donation. In addition, IGHL accepts artwork for use in its facilities. For more information, please call 631.878.8900.
This information is not intended as professional tax or legal advice. Please consult your financial advisor for your specific situation.
HOW CAN YOU GET STARTED?
Discuss your options with a legal, financial or other qualified professional advisor. IGHL also conducts planned giving information sessions throughout the year.
For questions or more information, please contact Debbie Kneidl, Chief Fundraising Officer, at 631.878.8900 ext.1103 or by email at email@example.com.