Wednesday, May 18, 2011

Ways to Give

If you would like to make an investment to continuing quality health care in to the future, there are a variety of ways to make this happen:

Bequest in your will A provision in a will or estate plan that allocates all or part of an individual’s estate to go to St. Luke’s Community Foundation.
1) A certain percent of your estate
2) A certain item or items
3) A set amount of money
4) Remainder of estate after heirs

Gift Annuities
You can increase your income by donating money or securities to St. Luke’s Community Foundation.. A gift annuity will provide you with a lifetime income much greater than current interest rate and also offer generous tax benefits.

Charitable Remainder Trusts
An irrevocable trust that pays a specified annual amount to one or more people for a fixed period of years. At the end of the term or the trust, the remaining assets are distributed to the charity.

Charitable Lead Trust
Similar to a charitable remainder trust, but the principal reverts to the donor or designated heirs at the trust term.

Life Insurance 1) You can make St. Luke’s Community Foundation the beneficiary of your life insurance.

2) You can give a Life Insurance policy that is not needed anymore to the foundation.

3) Wealth Replacement – you can give your children a life insurance policy that will not be taxed and you can give St. Luke’s Community Foundation items that would otherwise be taxed if we weren’t a 501(c)3 charity.

Living Tributes You can make a gift and have it be in honor of birthdays, anniversaries, and special occasions or just in honor of someone who is special to you.

Memorials

Retirement Plans

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