|
 |
|
The Community Foundation for Palm Beach and Martin Counties offers a wide range of planned giving opportunities that help you support the causes you love while enjoying significant tax benefits. Planned giving options include:
Bequests – The simplest gift is a bequest in your will or trust that directs specific assets or a percentage of your estate to establish a fund or to add to an existing fund.
Charitable Remainder Trust – Through an irrevocable trust, you receive fixed or variable payments for your lifetime or a term of years. The remainder passes to the Community Foundation, creating a permanent fund in your name to benefit the charitable cause that you designate, or to establish a family foundation at the Community Foundation.
Charitable Lead Trusts – Your income-producing assets funds a trust with a gift of the income flowing to the Community Foundation during the term of the trust. Remaining assets go to your heirs free of tax on the asset’s appreciation.
Charitable Gift Annuities – A simple contract guarantees you a fixed income in exchange for a gift to the Community Foundation. Annuity rates are set by the American Council on Gift Annuities.
Retirement Plan and Insurance Beneficiary Designations – You can create a named fund at the Community Foundation by designating us as the beneficiary of a retirement plan such as an IRA or 401 (k) or a life insurance policy. At death, the assets transfer to the Community Foundation, reducing estate and income taxes.
For more information on Planned Giving Opportunities, please contact Danielle Cameron, Vice President for Development, at 561-659-6800. |
|
|
|
|
|
