What is Planned Giving?
Planned giving is a thoughtful way to support charities like the Central Northeast Health Foundation through gifts that are arranged in advance—often with the help of professional advisors such as lawyers, accountants, or financial planners. Unlike one-time donations, planned gifts usually require more preparation, guidance, and sometimes negotiation.
For many donors, planned giving is a meaningful way to leave a lasting legacy. Even if you can’t make a large gift during your lifetime, planned gifts like bequests or life insurance can create a significant, lasting impact on healthcare in your community.
Types of Planned Gifts
Planned gifts can include:
- Cash or securities
- Property or real estate
- Stocks or shares
- Bequests through your will
- Life insurance policies
- Artwork or other valuable assets
These gifts can be made during your lifetime or upon your passing. Some, like bequests, are simple to establish, while others—such as charitable remainder trusts—may require professional advice.
Benefits of Planned Giving
- Tax advantages: Many planned gifts offer significant tax benefits.
- Estate planning: Complement your estate plans while addressing concerns for your heirs.
- Long-term support: Ensure the causes you care about continue to thrive well into the future.
- Legacy: Have your name permanently associated with a cause that matters to you.
Would you like assistance exploring planned giving options or connecting with an advisor? We’re here to help!