You don’t have to be the next Bill Gates or Oprah Winfrey to create a meaningful philanthropic legacy. In addition to your current contributions to Children of Uganda, have you considered making a planned gift?
Planned giving is a win-win approach to charitable donations that supports your favorite cause and can benefit you now or in the future. Simply put, “planned giving” is the transfer of assets to a nonprofit organization during a lifetime or as part of an estate plan. This forward-thinking approach to giving is “planned” because often assets are not liquid, have tax consequences and are transferred via a will or other written means.
Whether it’s naming Children of Uganda in your will or trust for any amount, or a gift of house and property, there’s an option that’s right for you. It may even involve assets you never considered before – a life insurance policy, stocks, business holdings, savings account, etc.
Give and Recieve
GIFTS AT A GLANCE
Donor Profile
People of any age or income level
How It Works
Gift of any amount through a will, trust, life insurance policy or IRA
Benefits to You
Estate tax benefits
Suggested Gift Type
Bequest
Donor Profile
People of any age, most often middle-aged, with complex or appreciated assets
How It Works
A gift of cash in return for variable payments (% of gift); upon passing, remainder is distributed to the charity
Benefits to You
Annual income that can adjust over time; act as hedge against inflation; avoid capital gains taxes on appreciated assets; income tax charitable deduction in year of gift
Suggested Gift Type
Charitable Remainder Trust
Donor Profile
Older donors who want to help a charity, have liquid assets (such as stocks, CDs, savings accounts, etc.) or middle-aged donors who want to provide income for their parents or others
How It Works
A gift of cash or stock in return for fixed payments to the donor for life; upon passing, remainder is distributed to charity
Benefits to You
Security of a fixed income for life and guaranteed by organization; income tax charitable deduction in year of gift
Suggested Gift Type
Charitable Gift Annuity
Donor Profile
Elderly who own their own homes
How It Works
A gift of primary residence, vacation home or other property
Benefits to You
Donor can continue to live in or use property; income tax charitable deduction in year of gift
Suggested Gift Type
Retained Life Estate
Anyone considering a planned gift should consult a tax and/or legal advisor for guidance and assistance.
Your will and long-range plans deserve careful attention to ensure that those individuals and organizations that are most meaningful or important to you are remembered in your estate. If your wish is to leave a legacy with Children of Uganda, the following is an example of suggested language to include in your will or living trust: “I give and bequeath to Children of Uganda, a not-for-profit corporation, with principal offices presently located at 112 West Congress Street, Charles Town, WV 25414, the sum of $______, or ____% of my estate, to be used for the accomplishment of its general purpose (or for a specific purpose, as indicated).”
You can help ensure the well-being of future generations and serve as an inspiration for others to do the same. Planned giving from our donors helps to ensure that Children of Uganda will be around years from now to fulfill the ongoing needs of vulnerable populations. Leave a legacy of hope and goodwill in Uganda and you will be remembered.
For more information, please contact Executive Director, Pamela Brannon, at (800) 531-9612 or e-mail her directly at pamela@childrenofuganda.org.
All correspondence is strictly confidential.
