Planned Gifts to Support Casa de los Niños
Planned Giving
Most of us, given the chance, want to leave a lasting reminder of the gratitude we feel for the institutions we love and support. It is a privilege to make a difference—to show, in some way, that we have contributed to important work or played a part in a cause that benefits society, perhaps for generations to come.
In addition to personal satisfaction, donors are often rewarded with financial and estate planning benefits. With careful planning, donors find they are able to:
- Make a personal statement
- Save taxes (and as a result, perhaps give a larger gift than would otherwise be possible)
- Help shape the future and leave a lasting legacy There are many planned gift opportunities available.
As you consider ways to support our mission, take a look at these rewarding planning strategies with unique combinations of tax savings and personal satisfaction.
All gifts unless otherwise directed by the donor go to the Casa de los Niños Foundation to support the work of the organization for generations to come.
Wills and Living Trusts
A simple, flexible and versatile way to ensure Casa de los Niños can continue our life-changing work in the future is a gift in your will or living trust, known as a charitable bequest. By including a bequest to Casa de los Niños in your will or living trust, you will make a profound difference for at-risk children and their families for years to come.
This flexible gift option can be revised at any time, and can be made as a specific amount or a percentage of your estate—allowing you to also take care of your family. In addition, your gift entitles your estate to an unlimited federal estate tax charitable deduction.
Beneficiary Designations
You can name Casa de los Niños as a charitable beneficiary of your assets—such as retirement plans, life insurance policies, donor-advised funds, or bank accounts—to help change the future for children and families in Tucson. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give that does not require an attorney.
Not only is it an easy way to give, but it’s also flexible. You can review and adjust beneficiary designations anytime you want, or include multiple beneficiaries. A beneficiary gift to Casa de los Niños is exempt from taxes, which means the total value of the gift will further our mission. A beneficiary gift to family can be subject to federal income taxes.
If you are 70 ½ or older, you can make a tax-free gift directly from your Individual Retirement Account (IRA) to Casa de los Niños.
Charitable Gift Annuities
A charitable gift annuity (CGA) allows you to support Casa de los Niños while receiving fixed income payments for life.
Not only does this gift provide you and up to two beneficiaries with annual income and allow us to further our work, but when you establish a CGA to benefit Casa de los Niños you can also qualify for a variety of tax benefits, including a federal income tax charitable deduction.
You can establish a CGA to fit your needs and maximize benefits:
- Create increased income for retirement
- Reduce capital gains taxes by funding a CGA with appreciated stock
- Invest in Casa de los Niños’ life-changing mission
Plan For Retirement With a Deferred Gift Annuity
If you are younger than 60 or don’t need your payments immediately, you can set up a deferred gift annuity. This allows you to delay receiving payments until a later date—such as when you reach retirement.
Please consult a financial planner for more information and guidance.
IRA Charitable Rollover
Make a difference today and save on taxes. It’s possible when you support Casa de los Niños through your IRA.
A Special Opportunity for Those 70½ Years Old and Older
You can give any amount (up to a maximum of $100,000) per year from your IRA directly to a qualified charity such as Casa de los Niños without having to pay income taxes on the money. Gifts of any value $100,000 or less are eligible for this benefit and you can feel good knowing that you are making a difference for children in need. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short.
Why Consider This Gift?
- Your gift will be put to use today, allowing you to see the difference your donation is making.
- Beginning in the year you turn 72, you can use your gift to satisfy all or part of your required minimum distribution (RMD).
- You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
- Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.
Gifts of Real Estate
Want to make a profound difference at Casa de los Niños without touching your bank account? Consider giving Real Estate. Such a generous gift helps us continue our work for years to come. And a gift of real estate also helps you. When you give us appreciated property you have held longer than one year, you qualify for a federal income tax charitable deduction. This eliminates capital gains tax. And you no longer have to deal with that property’s maintenance costs, property taxes or insurance.
Another benefit: You don’t have to hassle with selling the real estate. You can deed the property directly to Casa de los Niños to make an impact today, or add a few sentences in your will or trust agreement to direct the proceeds of the sale of your home to further our mission to protect children and heal families.
Donor-Advised Funds
Harness the Giving Power of a Private Foundation
A donor-advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to Casa de los Niños and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
You can also create a lasting legacy by naming Casa de los Niños the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.
For more planned giving information, please contact us at 520.624.5600, or via email at planned.giving@casadelosninos.org