Planned Giving Toolbox

Welcome to the Planned Giving Toolbox.

Because every financial situation is unique, there is no “one size fits all” method for giving, the chart below has been designed to help you determine possible planned giving options based on your asset mix and financial situation.

Planned Gifts at end of life


Assets:

1. Personal Property
2. Cash
3. Appreciated Property

Options:

1. Bequest
2. Charitable Remainder Trust
3. Charitable Lead Trust

Benefits: Reduce your estate for estate tax purposes.


Assets: Retirement Account

Options: Name the BPSEF as remainder beneficiary.

Benefits: No income or estate tax at death.


Assets: Life Insurance Policy

Options: Name the BPSEF as partial or entire policy beneficiary.

Benefits: Possible current charitable deduction and/or reduce estate for estate tax purposes.


Planned Gifts that can be made now

Assets: Appreciated Property

Options: Donate the appreciated property (typically securities) to the BPSEF.

Benefits: Donating an appreciated security or property allows you to receive a charitable deduction for the fair market value, but you pay no capital gains tax.


Assets: Appreciated Property or Cash

Options: Charitable Remainder Trust or Charitable Gift Annuity

Benefits: Receive a current charitable deduction and receive income for the rest of your life.


Assets: Home/Farm Remainder

Options: You keep your home or farm for life, then it passes to the BPSEF.

Benefits: Receive a current charitable deduction and you continue to live in your home.


Assets: Other Real Property

Options: Bargain Sale

Benefits: Receive a current charitable deduction and avoid a portion of capital gains taxes.


Assets: Tax Efficient Giving

Options: Charitable Lead Trust

Benefits: Receive a current charitable deduction