THE WORLD OF PLANNED GIVING
Making a difference is important. Charitable giving to further your core values can be an important part of your life. Like many people, you’d like to know that the causes and organizations you care about today will continue to thrive in the future. The good news is you don’t have to be Andrew Carnegie or Bill Gates to start a meaningful philanthropic legacy. In addition to supporting the work of KPFA through cash donations, consider making a planned gift.
WHAT IS LEGACY GIVING?
Legacy giving benefits KPFA and the cause of social and economic justice. Have you ever made a vehicle donation to benefit your KPFA or another favorite organization? If you have, you know that transferring assets is easy and it can provide tax benefits as well. Simply put, “planned giving” is the transfer of assets to a designated nonprofit organization during your lifetime or as part of an estate plan. This forward- thinking approach to giving is “planned” because often these assets are not liquid, have tax consequences and are generally transferred via a will or other written means.
Planned giving is easy to do and you don’t have to be wealthy to do it. Whether it is naming your KPFA in your will or trust for a modest amount, or a gift of house and property, there is an easy option that is right for you.
IT CAN INVOLVE ASSETS YOU MIGHT NEVER THINK OF
A life insurance policy. Real estate. Stocks. Business holdings. A checking or savings account. Your IRA. These are all assets that can be leveraged in planned gifts. We’ll pass on your cat.
IT CAN GENERATE AN INCOME STREAM FOR KPFA
Your donation can give KPFA income on a yearly or monthly basis. It’s like a subscription that stretches long into the future.
IT CAN PROVIDE GENEROUS TAX BENEFITS
Depending upon the type of gift, short-term and/or long-term tax benefits may apply. Donors at a variety of income levels can benefit. Be sure to consult with your financial or estate planner for more specifics.
IT CAN WORK IN TANDEM WITH OTHER FAMILY PRIORITIES
Planned giving is not an “all or nothing” option. Gifts can exist side-by-side with other beneficiaries and personal priorities. Thus, not the cat.
IT IS LONG REMEMBERED
Designating a planned gift automatically makes you a member of KPFA”s Legacy Society. You’ll receive immedaite recognition on the KPFA website, and you’ll receive invitations to special events. In addition to the satisfaction of making a meaningful gift, most planned gifts have immediate and/or long-term tax benefits. Please consult with your financial advisor or estate planner and join the Legacy Society of KPFA today.