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Planned Giving
There are many financial vehicles available to assist individuals with making
thoughtful, planned gifts to St. David’s. These vehicles often have significant
tax advantages. The following provides an overview of some of these options:
- Include St. David’s in your will.
- Make St. David’s the beneficiary of a life insurance policy or IRA.
- Provide yourself with a steady stream of income for life by establishing a
charitable annuity. A substantial portion of the annuity qualifies for a current
tax deduction. The payments you receive are based on a fixed rate and will not
fluctuate. Ultimately, St. David’s is the beneficiary of the assets placed in
the annuity. This is a nice way to guarantee your future as well as St. David’s.
- Gifts of appreciated property, such as real estate (farms and farmland,
residential and commercial properties, vacation homes, and undeveloped land).
Often real estate increases in value. This type of donation can provide you with
positive tax benefits.
- Set up a charitable trust, with St. David’s included as a beneficiary.
- Set up a special needs trust, with St. David’s as a secondary beneficiary.
The Development staff welcomes inquiries from you and your financial
advisers as you consider the role of philanthropy in your financial planning.
For more information, please call Terri Hokanson at 952-548-8620 or
email us.
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