The Benefits of Planned Giving
Further your financial goals and help sustain our organization by including Together Women Rise in your estate plans. Planned giving can maximize the impact of your philanthropy in a way that fits with your financial, tax, and estate planning situation, regardless of your means. Here are some options that can offer you a variety of benefits.
All supporters who have included Together Women Rise in their wills will be recognized as a member of our Legacy Society.
Potential benefits of planned gifts:
– Increase current income for the donor or others
– Reduce the donor’s capital gains or income tax
– Pass assets to beneficiaries at a reduced tax cost
– Help sustain Together Women Rise in perpetuity
Planned gifts include: (Note: please be sure to speak to your professional advisor about these options, as Together Women Rise cannot give tax advice.)
Bequests: One of the simplest ways to make a planned gift is to include a statement in your will that a share of your estate will be distributed to Together Women Rise.
Beneficiary Designations: You can designate Together Women Rise to receive assets from an investment or retirement account, a life insurance policy, or a Donor Advised Fund, among others. This option can provide an opportunity to save income and estate taxes and maximize bequests to family.
Tax-Free Distributions from your IRA (Qualified Charitable Distributions): Individuals 70 ½ or older can donate as much as $100,000 from their individual retirement accounts to Together Women Rise. The distributions are tax-free and count toward the required minimum distribution that IRA holders in that age group must take from their accounts each year.
Charitable Remainder Trust: CRTs provide variable lifetime income and an immediate income tax deduction. They also bypass capital gains taxes and can reduce estate taxes.
Charitable Gift Annuities: CGAs provide a guaranteed fixed lifetime income that is partially tax-free, an income tax deduction, and attractive income rates.
Real Estate: Real estate can make an excellent charitable gift. Donors may avoid or reduce capital gains tax on appreciated property while receiving full market value for their charitable gift.
Please let us know if you have already provided for Together Women Rise in your estate plan. For more information, please email firstname.lastname@example.org.