Keepers of the Past, Builders of the Future
Planned giving is a way of making charitable donations as part of your long-term financial, estate, or tax planning rather than through a simple cash gift today.
Become a member of our Legacy Circle by arranging a future gift through assets, investments, or an estate.
Common types of planned gifts include:
- Bequests – leaving money or property to a charity in your will or trust.
- Beneficiary designations – naming a charity as a beneficiary of a retirement account, life insurance policy, or investment account.
- Charitable gift annuities – donating assets in exchange for a guaranteed income stream during your lifetime.
- Charitable remainder trusts – placing assets in a trust that provides income to beneficiaries, with the remainder going to charity.
- Gifts of appreciated assets – donating stocks, real estate, or other assets that have increased in value, potentially reducing capital gains taxes.
Why use planned giving
- To support causes you care about.
- To create a lasting legacy.
- To potentially receive tax benefits.
- To manage estate and wealth-transfer goals.
Example
Suppose you own stock worth $100,000 that you bought for $20,000. Instead of selling it and paying capital gains tax, you might donate the stock to IECC. IECC receives the full value, and you may receive a charitable tax deduction while avoiding capital gains tax.