Legacy of Hope
Direct Gifts
Tax-Advantaged Giving
Benefits of Lifetime Giving
Direct Gifts
- Outright Gifts: Donate cash, real estate, or other assets directly to Living Hope.
- A simple and immediate way to support Living Hope.
- Gifts of Appreciated Stock: Donate appreciated stock to avoid capital gains taxes and receive a tax deduction.
- A tax-efficient way to support Living Hope while minimizing your tax burden.
Tax-Advantaged Giving
- Charitable IRA Rollover: Donate up to $100,000 annually from your IRA to Living Hope tax-free.
- A great way to reduce your taxable income and support Living Hope.
- Donor-Advised Fund: Create a fund to manage your charitable giving, including donations to Living Hope.
- Offers flexibility and tax benefits while simplifying your giving.
- Charitable Gift Annuity: Receive fixed payments for life in exchange for a donation to Living Hope.
- A way to support Living Hope and receive income for yourself or a loved one.
- Charitable Remainder Trust: Donate assets to a trust, receive income, and leave a legacy for Living Hope.
- A complex strategy that offers tax benefits and income for life.
Benefits of Lifetime Giving
- Immediate Tax Deduction: Receive a tax deduction for your gift.
- Tax Savings: Reduce income, capital gains, gift, and estate taxes.
- Joy of Giving: See the immediate impact of your gift.
- Charitable Deduction: Claim a deduction for a portion of your gift.
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We make a living by what we get, but we make a life by what we give.
Bequests
Endowed Gifts
Life Insurance and Retirement Assets
Why Legacy Giving Matters
Bequests
- Specific Dollar Amount: Designate a fixed sum to Living Hope in your will or trust.
- This is a straightforward approach, allowing you to specify a precise amount.
- Percentage of Estate: Allocate a portion of your estate to Living Hope.
- This option provides flexibility, as the gift amount will adjust based on the final value of your estate.
Endowed Gifts
- Donor-Advised Fund: Establish a fund with a financial institution that provides tax benefits and allows you to recommend grants to Living Hope over time.
- This option offers control over the timing and distribution of funds.
- Trust: Include a provision in your trust to make ongoing contributions to Living Hope.
- This approach ensures that your legacy continues, with regular payments to Living Hope from the trust.
Life Insurance and Retirement Assets
- Name Living Hope as Beneficiary: Designate Living Hope as the recipient of life insurance proceeds or retirement account balances.
- This is a simple and effective way to make a significant gift, often with tax advantages.
Why Legacy Giving Matters
By including Living Hope in your estate plans, you can:
- Maximize Your Impact: Make a lasting difference in the lives of others.
- Simplify Your Estate Planning: Streamline the process by designating specific beneficiaries.
Receive Tax Benefits: Potentially reduce your tax burden.
At Living Hope, we are committed to stewarding every resource entrusted to us with integrity and accountability. Our promise is to honor the trust of our supporters by maximizing the impact of every gift, knowing that together, we are making a lasting difference in the lives of the vulnerable.