Planned Giving
What is Planned Giving?
Planned Giving is any gift given for any purpose to a charitable organization. It is typically a deferred or a “current and deferred” gift (donation is received immediately, but access is restricted until a later date.) This type of gift generally requires the help of professional advisors such as an attorney, accountant, or financial planner and is one that donors incorporate into their financial and/or estate plans.
Why choose Planned Giving?
For the organization:
Larger gifts
Potential to build endowment fund
Less dependence upon the need for special events
For the Donor:
Leaving a legacy
Income tax deductions
Reduction of estate taxes
Income return on charitable gifts higher than regular investments
Potentially higher inheritance for heirs with appropriate planning
With Planned Giving donations, ACCAP is able to guarantee that future generations will receive the services that they need. The donations allow for a strong and continued service to the community for generations to come and to continue to build a brighter future for Armstrong County.
Types of Planned Gifts
Bequest
Life Insurance
IRAs & 401k
Life Estate Gifts
Charitable Lead Trusts (CLT)
Charitable Gift Annuities (CGA)
Charitable Remainder Trusts (CRT)