Create your legacy with an endowment – Your endowment gift will grow to become a permanent legacy |
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Why make an endowment gift? An endowment gift is a gift to an established fund that is invested. When you make an endowment gift, you create a steady stream of annual income to support our good work. Your gift will be maintained in perpetuity and make a lasting, meaningful difference. There are several ways in which you can make an endowment gift either today or as part of your estate plan.
Ways to make endowment gifts:
Charitable Gift Annuity: When you transfer your cash or appreciated property (stock, CD’s or real estate) to our endowment fund, we will agree to pay you fixed payments for life at a rate based on your age. You will receive a tax savings charitable deduction and a portion of your payments may be tax-free.
Charitable Remainder Trust: When you transfer your cash or appreciated property to a charitable remainder trust, the trust will your income for your life or a number of years. You will receive a tax savings charitable deduction for your gift of the remainder to our endowment.
Bequest: A gift to our endowment made through your will or trust, may provide your estate with valuable tax savings. Your endowment bequest can be a gift of a specific asset, a percentage of your estate or the residue (what’s left after specific bequests are made to your family). Your endowment gift will create a permanent legacy of lasting support for our work.
Your support makes our work possible: Did you know that by making a gift to our endowment, you can create a permanent source of income that will ensure the continuation of our programs far into the future? This type of meaningful gift can create a legacy for you while providing lasting support for our mission.
** Thank you to the Austin Area Foundation for managing this endowment.
For more information, please contact LIFE Mower County at 507-433-8994 or [email protected].
Ways to make endowment gifts:
Charitable Gift Annuity: When you transfer your cash or appreciated property (stock, CD’s or real estate) to our endowment fund, we will agree to pay you fixed payments for life at a rate based on your age. You will receive a tax savings charitable deduction and a portion of your payments may be tax-free.
Charitable Remainder Trust: When you transfer your cash or appreciated property to a charitable remainder trust, the trust will your income for your life or a number of years. You will receive a tax savings charitable deduction for your gift of the remainder to our endowment.
Bequest: A gift to our endowment made through your will or trust, may provide your estate with valuable tax savings. Your endowment bequest can be a gift of a specific asset, a percentage of your estate or the residue (what’s left after specific bequests are made to your family). Your endowment gift will create a permanent legacy of lasting support for our work.
Your support makes our work possible: Did you know that by making a gift to our endowment, you can create a permanent source of income that will ensure the continuation of our programs far into the future? This type of meaningful gift can create a legacy for you while providing lasting support for our mission.
** Thank you to the Austin Area Foundation for managing this endowment.
For more information, please contact LIFE Mower County at 507-433-8994 or [email protected].
