Two of the most popular planned giving vehicles are a bequest and a charitable gift annuity. Here’s a short summary as to how both of these planned giving options could benefit you as a donor:
Your goal: Defer a personal gift until after your passing.
Result: Put a bequest in your will. In other words, donate to your local Mission either in cash, specific property, or with a share of the residue of your estate.
Benefit to you: Your donation is fully tax-exempt from federal estate tax.
Your goal: Receive guaranteed fixed income that is partially tax-free.
Result: Create a charitable gift annuity.
Potential benefits to you: Current and future savings on income taxes, plus fixed, stable payments.
Other planned giving vehicles include gifts of retirement assets, charitable lead trusts, deferred charitable gift annuities, charitable remainder trusts, gifts of life insurance, gifts of real estate, and bargain sales.
If you would like to make a planned gift to the ministries of your Evansville Rescue Mission, or you would like more information about planned giving, please contact Victoria Flaherty, ERM’s Assistant Director of Development at either 812.962.6708 or at email@example.com.
We would more than happy to work with your professional advisors as you contemplate planned giving options.
Join your Evansville Rescue Mission in helping the less fortunate right here in the Tri-State. There are endless ways for you to give back. Find one that works for you and join the ERM family today!