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Ways to Give
You can make a gift in many ways. Some
people want to make a gift immediately because they fell it's the right
time.
Others would rather plan a deferred gift after they've considered
their total financial strategy. Here are some suggestions:
Immediate Gifts:
An outright gift of cash or a check increases the Foundation's
endowment instantly which, in turn, makes it possible to increase
the funds available for grants. Appreciated stock could provide particularly
attractive tax benefits for the giver, and increase the Foundation's
endowment by a significant amount. The Foundation's policy is to
sell all gifts of equities as soon as possible after they are transferred.
Other Gifts:
Under certain circumstances, which would first include consultation
with the Foundation, your attorney and/or tax accountant, you
may also make a gift of closely held securities, real estate,
tangible personal property, life insurance policies, partnership interests,
annuities, or 401(k) proceeds.
Deferred Gifts:
You can also plan a gift
which would come to the Foundation at a later date. Bequests direct
a portion of your estate to the Foundation, which might result in
a substantial reduction of federal gift and estate taxes.
Charitable gift annuities transfer
cash or property to the Foundation right away, give immediate
tax benefits, and ensure
that you or a loved one receives fixed
payments for life.
Charitable remainder trusts allow
you to position cash or property that pays income to you or a
beneficiary for life.
After your death, the trust remainder goes to the Foundation
and can be used to establish a charitable fund you select.
Charitable lead trusts pay
a fixed amount to the Foundation for a designated number of years. The
remaining assets go to the beneficiaries.
Caution:
Each of these deferred gifts provide many different options for giving.
Before you decide, you should consult carefully with your financial
advisor.
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