There are many ways Planned Giving can allow you to give needed funds to Senior Friendship Centers at very little expense to you or your estate, and may offer substantial benefits to you as well as to the organization.
Contact Senior Friendship Centers Office of Charitable Giving for information on how you can apply these and other planned giving tools to benefit you and your estate during your lifetime. Call 941.556.3253.
Time is Running Out on the Charitable IRA Rollover
To learn how you can take advantage of this opportunity while helping Senior Friendship Centers, click here. Ask your financial planner how this might benefit you, while maximizing your charitable giving opportunities.
The first way to protect precious belongings and resources is to prepare a will. Bequests passed on to the foundation through a last will and testament will reduce loss to taxes or to the possibility of being misdirected. Be sure to consult with a professional before making any charitable gift.
Life Insurance policy assignments can designate Senior Friendship Centers Foundation as owner and/or beneficiary. Receive an immediate charitable deduction and deduct all future premiums allowing you to leverage a substantial gift a relatively small cost.
Charitable Remainder Trust
Charitable Remainder Trust allows for the distribution of a specified income, at least annually, to one or more beneficiaries for life or for a specific term of years. Boost your rate of return, receive fixed income, and minimize capital gains tax.
Charitable Gift Annuity
Charitable Gift Annuity provides a lump sum to the beneficiary, usually linked to an appreciating property, with an agreed percentage returning to the provider.
Donate Gifts In Kind
Individuals and businesses can donate product, supplies or other needed materials necessary in the ongoing operation of Senior Friendship Centers. The Office of Corporate & Foundation Development is always seeking donations of food for events, printing for special projects, and other corporate support.
Corporate Matching Gifts
As part of the philanthropic strategy for any organization, corporate matching gifts are a great way to encourage a giving plan among employees or members of a civic or service group.
Memorial or Tribute Gifts
Honor a loved one with a very special memorial or tribute gift to Senior Friendship Centers. Naming opportunities still exist for substantial gifts. Cards of acknowledgement will be mailed upon request to the honoree or to their family.
Tangible Personal Property
Artwork, furniture, clothing, jewelry, stocks, outright gifts of cash, and automobiles can be given, with varying tax consequences depending upon the type of property and whether the Senior Friendship Centers actually uses the donated property in pursuing its mission.
Gifts of appreciated real estate can be ideal gifts, and can be made in several different ways to maximize the tax benefits to you, and maximize the value of the gift to Senior Friendship Centers.
An endowment is a financial asset donation in the form of investment funds or other property that has a stated purpose at the bequest of the donor. Endowments provide ongoing benefits for Senior Friendship Centers by earning a market rate of interest while keeping the core endowment principal intact to fund future years of whatever the donor sought to fund.