Seven Giving Options

In categories: Blog

July 22, 2014



Seven Giving Options with SCFEach individual, family or organization we work with has distinct charitable interests – and unique financial circumstances. We help you make the most of both, so you receive the greatest return on your community investment. Here are seven ways you can achieve the greatest good with creative giving solutions designed around you.  

Outright gift

 

Make a gift today with cash, stocks, bonds or other assets to Saginaw Community Foundation. Your charitable gift may qualify for attractive tax advantages.

 

Bequest by will

Establish a fund in your name (or in the name of your family) by designating a gift or portion of your estate to Saginaw Community Foundation. In some cases, receive a substantial reduction in federal gift and estate taxes.

 

Real estate

Turn property gains into community impact. The value of your real estate may exceed that of any other asset you own. Use it to establish or contribute to a community foundation fund; you can fulfill charitable interests and receive tax benefits.

 

Retirement accounts

Choose our community over taxes. Naming the community foundation as a beneficiary of your retirement account (401(k) or IRA) is an easy way to make a significant, lasting gift that may not be possible during your lifetime. It’s easy; no need to modify your will or estate plan.

 

Life insurance

Make Saginaw Community Foundation the full or partial beneficiary of a life insurance policy. It’s a simple way to make a major gift back to the community that you call home, with possible tax benefits during your lifetime.

 

Charitable gift annuity

Give cash or property to your community foundation now, get immediate tax benefits and ensure that you or a loved one receive fixed income payments for life.

 

Charitable trusts

Place cash or property in a Charitable Remainder Trust that pays income to you or a loved one for life. After your death, the balance transfers to Saginaw Community Foundation for a charitable purpose you have selected. You receive income tax benefits the year you establish your trust. Or establish a Charitable Lead Trust that pays a fixed amount to the community foundation for a number of years. After this period, trust assets transfer to the beneficiaries you name. In some cases, this arrangement reduces your federal gift and estate taxes.

 

 

At no cost to you, the Saginaw Community Foundation can:

• Consult on avenues to give to help meet your charitable and financial goals
• Calculate a charitable gift annuity
• Handle the transfer of appreciated securities, life insurance and other complicated assets
• Provide materials about the foundation, charitable giving strategies, fund types and community needs
• Give presentations about charitable giving, community needs, our grantmaking priorities, planned giving or another topic tied to our mission

 

For questions, ideas or conversation, contact Reneé Johnston, president and CEO, at (989) 755-0545 or via email at renee@saginawfoundation.org.

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