Planned Giving - Overview
Whether your gift is a direct and simple bequest or a complex legal instrument, a planned gift is defined as one that is “customized” to meet the donor’s objectives, maximizing both the value to the charity and the financial benefits to the donor.
We work closely with donors, their advisers, and families. The following page outlines the many ways for Planned Giving, but there are other options of Giving Now.
Planned Giving
Bequests
Donor-Directed Endowment Funds
Charitable Gift Annuities
Charitable Remainder Trusts
Life Insurance Policy
Literati Program
Financial Benefits
Planned gifts may be crafted in many ways, making them adaptable to almost every donor situation. Donors benefit financially in one or more ways depending on the size of the gift, their personal circumstances, and the plan chosen. Benefits for the donor that are associated with planned gifts can include:
- an immediate income tax charitable deduction
- annual income paid to beneficiaries for life of a period of years
- a partial or entire avoidance of capital gains taxes for gifts of long-term appreciated property
- a reduction of estate taxes
- relief from investment responsibilities
- a provision for heirs
Philanthropic Benefit
In addition to the financial and tax benefits of planned giving, our experience tells us that the greatest donor benefit comes from the satisfaction of creating a gift that strengthens Literacy Partners ability to bring literacy solutions to people eager to change their lives.
Contact Us
For additional information about the Literacy Partners Planned Giving Program or to set up an appointment to discuss your planned giving options, please contact David Nathanson, Director of Finance at 646-237-0123 or davidn@literacypartners.org.
Be sure to consult your financial adviser before making a planned gift.
