A planned gift is any gift made during your lifetime or at death that is part of your overall financial or estate planning. Below are examples of some of the ways you can give a planned gift:
Gifts Now:
- Cash or Check
- Appreciated Securities
- Real Estate
- Charitable Distribution from your IRA
Gifts that pay income:
- Pooled Income Fund
A pooled income fund is vehicle where a donor makes a gift to the pooled income fund and they will receive a proportional share of the fund’s income for the rest of their life. At their death, their shares of the fund as distributed as a charitable gift.
- Charitable Remainder Trust
A Charitable remainder trust is a gift of assets into a charitable trust that provides the donor a fixed (Annuity Trust) or variable (Unitrust) income for life or for a set term. At their death, the trust assets are distributed as a charitable gift.
- Charitable Lead Trust
A Charitable Lead Trust is a gift of assets into a charitable trust that provides payments for a set period of years to a charity. At the termination of the trust, the assets are transferred back to the grantor or the grantor’s heirs.
Gifts Later
- Bequests in your will
- Life Insurance- Church is a beneficiary
- Transfer on death- Set financial accounts to transfer on death or make payment on death to the church.
- Retirement Accounts- Add the church as a beneficiary to your retirement accounts.