Bequests

GIFTS FROM YOUR WILL
OR REVOCABLE LIVING TRUST

A bequest is a gift from an estate, transfer of cash, securities, or other property made through your estate plans.  A donor can make a gift to the Foundation by including language in their will or living trust, leaving a portion of an estate, or designating our organization as a beneficiary of your retirement account or life insurance policy.

Sample Bequest
Language

LANGUAGE SAMPLES FOR VARIOUS UNIQUE GIVING SCENARIOS

Remembering the ACLD Foundation with a gift from your estate will help us sustain and strengthen through the years to come.
 
Why this is a favorable giving option:

• A bequest costs nothing today
• The satisfaction of knowing you have provided for a strong organization
• You retain control of and use of your assets over your lifetime
• You can modify your bequest if circumstances change
• Charitable bequests are exempt from federal estate taxes

Estate Gifts of
Beneficiary Designations

IDIVIDUAL RETIREMENT ACCOUNTS OR LIFE INSURANCE

A beneficiary designation is a way to transfer an asset to an individual, organization, or multiple beneficiaries upon the owner’s passing.  For financial accounts such as individual retirement accounts (IRAs), a beneficiary designation is typically a paper or electronic form provided by the account custodian, which allows the account owner to designate who will receive the asset upon their passing.

Gifts Through
Charitable IRA
Rollover

TAX-FREE GIFT FROM YOUR IRA

Charitable gifts of retirement plan assets are popular because income in respect of a descendent (IRD) left to charity can escape both estate and income taxation.  Generally, if the client’s estate is large enough to provide for both individual heirs and charitable gifts, the best strategy is to leave individual beneficiaries the non-IRD property, which receives a stepped-up basis (under IRC 1014) at death so is not double taxed, and leave the retirement plan proceeds to charity.

Gifts Through
Charitable Trusts

CHARITABLE REMAINDER TRUSTS
CHARITABLE LEAD TRUSTS

A charitable remainder trust (CRT) is established when you transfer assets (whether cash or appreciated) to the trustee named in the trust agreement (e.g., bank or charity).  Your trustee invests the assets for the term of the trust, which can be the life of your beneficiary(ies) or a term of no more than 20 years.  When the trust ends, the remaining assets are distributed under the guidelines you set for your gift to charity.

Charitable Gift
Annuities

CHARITABLE GIFT ANNUITIES
FLEXIBLE DEFERRED
CHARITABLE GIFT ANNUITIES

A charitable gift annuity (CGA) is a simple combination of two concepts: a charitable gift and income for life. Think of it as the gift that gives back. A gift annuity allows you to make a gift to the charity of your choice and benefit from the following:

• Safe, fixed income for your life and the life of a loved one.
• Tax savings — immediately and in the future.
• Favorable treatment of capital gains, if funded with appreciated assets.

Gifts of
Real Property

REAL ESTATE AND
OTHER PROPERTY

The donor transfers their entire interest in the property to the charity, typically receiving a tax deduction equal to its fair market value.  Undivided Fractional Interest, Retained Life Estate, Bargain Sale/Installment Bargain Sale are among the many options.

Endowments

ENDOWMENTS AND BLENDED GIFTS

A charity's investment of sure gifts that earns a financial return for the charity to support its mission.  The charity typically spends only the earnings of the endowment and continues to invest the principal so that the endowment continues to support the charity in perpetuity.  A blended gift is a combination of a current gift and a planned gift.  It is a way to support the causes that you care about and make your giving go further.