Each 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 fund at Saginaw Community Foundation. Your real estate contribution can fulfill your 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 to the community that you call home.
Charitable gift annuity
Give cash or property to Saginaw 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 Saginaw 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.
Ready to get started?
At no cost to you, the Saginaw Community Foundation can:
- Consult on giving avenues 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 Saginaw Community Foundation, charitable giving strategies, fund types and community needs
For questions, ideas or conversation, contact Reneé Johnston, president and CEO, at (989) 755-0545 or via email at renee@saginawfoundation.org.
*Not to be considered tax advice. Please consult your tax advisor for specific tax advice.