![]() |
imagine what you can do… | ![]() |
|
| home | about us | campaign | news & events | find help | TOPS |
A Dynamic Community:
Promoting, supporting, enhancing independence and self-sufficiency
* 49% of local residents cannot read higher than a sixth grade level.
Meeting Basic Needs:
Ensuring individuals and families have food, shelter, clothing and access to services that promote physical and mental well-being.
* 60 people in our community are homeless on any given night.
Life-Long Learning:
Promoting opportunities for job training, education, collaboration and volunteerism.
* In 2004, 200 high school students in our county dropped out of school.
What Is Planned Giving?
Planned giving is a thoughtful strategy that helps people maximize the benefits of charitable giving. With careful planning, it’s possible to significantly reduce income taxes (including capital gain taxes) and transfer taxes (such as gift, estate and inheritance). Depending on the particular planning strategy, these tax benefits can be enjoyed while turning assets into an income for you or for others.
Current tax laws offer special advantages that allow a donor to make donations that may not otherwise be possible. Planned giving honors and serves both the philanthropic wishes and financial interests of the donor.
Planned giving is often, but not necessarily, a component of an estate plan with planned gifts being made will or living trust. Additionally, planned gifts can also be made in the present time separately from estate considerations.
Once considered primarily for wealthier and older segments of our society, planned giving has proven to be a valuable tool in a variety of situations. Simply stated, planned giving helps to create a lasting legacy while enhancing a donor’s financial well-being and security.
If you have any questions or would like to discuss your gift plans, please contact us 795-4000.