Disability Group Home

What is Planned Giving?

Planned Giving can be defined as ways a donor can leave money/assets to a nonprofit at his/her death; or a way to invest money so that the donor receives benefits during his/her life and then bequeaths the remaining funds to the nonprofit. These charitable gifts are often made as part of a donor's overall financial planning. Planned giving not only carries benefits for the recipient but for the donor as well.

Potential benefits might include:

A means to make significant donations to charity
Passing assets to family at a reduced tax rate
Avoidance of capital gains tax
Increase current income for the donor or others
Reduce the donor's income tax

There are multiple opportunities available when it comes to planned giving that help the Duvall Home as well as offer tax and income benefits:

One-time or continuous cash donations, stocks, bonds, money market funds, or other forms of appreciated securities are most common form of gift with highly attractive tax advantages.
Real estate donations are also a way to contribute. If you are hesitating to sell real estate due to potential large capital gains taxes, you may transfer the property to Duvall Home and derive substantial benefits.
Life insurance is another way to make a substantial gift. A policy can be assigned to Duvall Home whether it is paid up, partially paid up, or is a new policy.
Gifts from wills of families of residents form an important source of donations for Duvall Home. This type of gift allows the donor to invest in the future care of a loved one, programs he or she is involved with, or general operations that make Duvall Home a home.
Life income plans and trusts can be a form of giving as well and can bring immediate benefits.

For additional information and/or for advice regarding planned giving please contact your financial advisor.