Typically, a planned gift is one that will provide a generous benefit to a designated charitable organization at the donor’s death. The donor may receive a charitable deduction immediately, but the charity will not receive any funds for its benefit until the donor passes away. Planned giving describes a wide variety of giving vehicles that allow the donor to give to the charity during their lifetime and after their death, while meeting their current income needs and providing for their heirs. The purpose of planned giving is to support the charitable organization in perpetuity (eternity).
Planned gifts can allow the donor to:
Planned gifts are an integral component of ‘leaving a legacy. Planned giving is a planning method designed to make an impact for future generations. It is surprisingly easy to arrange a planned gift, and many of the techniques are quite straightforward. However, more sophisticated gifts require more care, guidance, and counsel. The easiest way to include a charity in an estate gift is through a will, (also referred to as a bequest). The two words can be used interchangeably.
The most popular gift options typically used:
We have contracted with Moriah Consulting, Inc., who has developed a planned giving concept that can benefit both our organization and the donor from day one. A sizeable estate is not needed to participate.
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