Planned Giving Options
Bequest in a Will.
Often the largest gift we can make is from our estates, by a bequest in a Will. A bequest is the simplest form of planned gift. It allows you to retain control over your assets during your lifetime and can be tailored to your family’s needs. For example, you can write a bequest that takes effect on your death or only after the death of a surviving spouse. You can give a specific item of property, a dollar amount or a fraction of your estate.
Life Income Gift
- Pooled Income Fund
- Gifts are “pooled” with other gifts and invested in a professionally managed investment portfolio. The benefit is that the donor receives a guaranteed income for life, and immediate federal tax deduction, the elimination of capital gains taxes and a possible reduction in estate taxes.
- Charitable Gifts Annuity
- The minimum gift is $5000, the income for life is guaranteed at a fixed amount, a portion of the gift is deductible, and a portion of the income received is tax exempt
- Charitable Remainder Trust
- Available to donors using assets of $100,000 or more and can be funded with various types of assets including, real estate. Like the pooled income fund and the charitable gift annuity, the charitable remainder trust provides income for life, and income tax deduction, relief from capital gains taxes and a possible reduction
Gifts of Special Assets
- Real Estate, Appreciated Property and Tangible Personal Property
- Gifts of Life Insurance and Retirement Accounts
For additional resources please visit episcopalfoundation.org
For more information, please contact our Clergy, Wardens, or Susan Fine (Planned Giving Coordinator) at firstname.lastname@example.org or (973) 655-1072.