Planned Giving Vehicles
The planned giving vehicles below enable you to establish and name a new fund, or to contribute to any of the Foundation's more than 900 existing funds (including your own, if applicable). If you've already named the Foundation in your estate plans, please let us know! We'd love to thank you, and we want to understand your intentions so we can honor them For Good. For Ever.
Will Make a charitable gift from your estate with a simple will bequest.
IRA or Retirement Plan If you are like a growing number of Americans, an IRA may be your largest single asset. But you may not realize the massive tax bite the plan is subject to once it is passed on to the beneficiaries. Preserve the value of retirement funds and prevent your family from paying estate and income taxes by naming the Community Foundation as a beneficiary.
Life Insurance List the Community Foundation as a primary, secondary or contingent benficiary of a life insurance policy.
Charitable Remainder Trust (CRT) CRTs provide for the eventual transfer of property to the Foundation after paying income to one or more non-charitable beneficiaries for life or a fixed number of years.
Charitable Lead Trust (CLT) The CLT is the opposite of the charitable remainder trust. With a CLT, income payments are made initially to a fund at the Foundation for a term of years. At the end of the term, the remaining assets pass to heirs or other individuals you designate.
Note: If you are a professional advisor and would like to receive further information or personalized illustrations on gift arrangements that can benefit your clients please contact Bob Chapla - Vice President Development or Chris McGuigan - President/CEO, Community Foundation for Muskegon County.