Planned & One-Time Giving
Planned giving may be defined “as a method of supporting non-profits and charities that enables philanthropic individuals or donors to make larger gifts than they could make from their income. While some planned gifts provide a life-long income to the donor, others use estate and tax planning techniques to provide for charity and other heirs in ways that maximize the gift and/or minimize its impact on the donor's estate. Thus, by definition, a planned gift is any major gift, made in lifetime or at death as part of a donor’s overall financial and/or estate planning”. (courtesy of plannedgiving.com)
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Although there are many methods for making either a one time or planned gift, some of the more common ways are as follows:
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· Stocks and Securities
· Cash
· Check
· Credit Card
· IRA Charitable Rollover
· Bequest through one’s will or living trust
· Beneficiary designation on retirement plans and/or life insurance policies
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*All donations should be made in conjunction with one’s personal financial and estate planning goals.