Giving through Your Estate

Include the Community Foundation for Southern Arizona in your estate plan to ensure that your charitable legacy is managed in a way that honors your specific intent now and forever.

We can work with you and your professional advisors to develop Consultations with individuals on charitable giving options to determine the best way for you how to include charity in your estate plan.

Types of Planned Gifts

Bequests. Through your will or trust, you gift a portion of your estate and in some cases, receive a substantial reduction in federal gift and estate taxes. You gift the Foundation with a set amount of money or make it a contingent beneficiary.  You can leave your gift unrestricted or decide that it be used for specfic charitable purposes.

IRAs. We can help turn your Individual Retirement Accounts into tax-saving charitable gifts. Tax benefits allow more people to experience the joy of giving during their lifetimes. Read about Julian, who has given in many ways through the Foundation, including his IRA.

Charitable Gift Annuities. Make a gift of cash or property to the Foundation, get immediate tax benefits, and ensure that you or a loved one receives fixed quarterly or annual income payments for life. Read about Jan, who is making a difference via charitable gift annuities.

Charitable Remainder Trusts. Place cash or property in a trust that pays an annual income to you or another named beneficiary for life.  After death, the remainder of the trust transfers to the Foundation and is held in the charitable fund you created. You receive income tax benefits the year you establish your trust.

Charitable Lead Trusts. Put cash or property in a trust that pays a fixed amount to the Foundation for the number of years you select. Once this period ends, the assets held by the trust are transferred to the beneficiaries you name. In some cases, you receive a substantial reduction in federal gift and estate taxes.

Life Insurance Gifts. Make the Foundation a full or partial beneficiary of your life insurance policy. It’s a simple way to make a significant charitable gift with tax benefits you can enjoy during your lifetime.

Retirement  Account Gifts. Name the Foundation a full or partial beneficiary of your retirement account. It’s an easy way to leave a giving legacy without altering your estate plan. Upon death, your gift is held in the charitable fund you created.

Stock and Bond Gifts. Transfer an appreciated stock or bond to the Foundation. Save income tax and avoid the capital gains tax that would be imposed if you sold the securities yourself. Read about Susan, who started an unrestricted fund and will transfer stock to it.

Considering a Private Foundation?

Compare the 4 approaches to giving - direct gifts, donor advised funds, supporting organizations, and  private foundations.