This summary will give you a quick overview of the planned giving options available.
Please keep in mind that your individual circumstances need to be considered before taking any action. As with all tax and estate planning, consult your attorney or estate specialist. A primary question to consider first is “Have you made out a will?”. If you have not yet written a will, regardless of your charitable intent, please consider this.
Avoid the twofold taxation on IRA or other
employee benefit plans.
Name us as the beneficiary of the remainder
of the retirement assets after your lifetime.
Benefit - this will allow you to leave your family other assets that carry less tax liability.
Give real estate, but retain life use.
Create a charitable gift of future interest
called a retained life estate. This will give
you tax advantages plus use of the property.
Receive cash sales proceeds.
Make a bargain sale. This will allow you to receive
an income tax deduction for gift portion, receive
some cash and avoid capital gain tax on gift
Make a large gift at little cost.
Contribute a life insurance policy you no
longer need, and your benefits may include
current and possibly future income tax
Secure fixed payments for life while
avoiding market risks.
Create a charitable remainder annuity trust.
This gives you tax benefits and often
boosts your rate of return.
Give income from an asset for a period of
years but retain the asset for yourself or
Create a charitable lead trust. Benefit - the
asset is returned to the donor or heirs with
federal estate tax savings and income tax
deductions for income donated.
Receive payments for life with a hedge
against inflation over the long term.
Create a charitable remainder unitrust. And
your benefits may include variable payments
for life plus tax benefits.
Make a revocable gift during your lifetime.
Name us as the beneficiary of assets in a
living trust. Benefit - full control of the trust
terms for your lifetime.
Make a quick and easy gift.
Then you can simply write a check now or
give through our secure online process, and
your benefits may include an income tax
deduction and immediate impact for us.
The LCHC Foundation encourages unrestricted giving, which enables the Board to respond to the most critical needs. After careful review of grants by the Board, many projects are funded that would not have been if the unrestricted funds were not available.
Give in tribute.
A gift of tribute to the LCHC Foundation is a meaningful way to say that you care. Through a gift of tribute, you can pay special tribute to a loving family member or friend. By commemorating a special event, celebrating a recovery, or remembering a loved one, you honor that special person through giving to community healthcare facilities, equipment and services.
Avoid tax on capital gains.
Contribute long-term appreciated stock
or other securities, and your benefits may
include a charitable deduction plus no capital
Defer a gift until after your lifetime.
Put a bequest in your will (give us cash,
specific property, or a share of the residue of
your estate). Benefit - your donations are fully
exempt from federal estate tax.
Receive guaranteed fixed income that is
Create a charitable gift annuity. And your
benefits may include current and future
savings on income taxes, plus fixed, stable
Avoid capital gains tax on the sale of a
home or other real estate.
Donate the real estate to us, or sell it to us
at a bargain price. And your benefits may
include a charitable tax deduction with the
possibility of reducing or eliminating capital
Make a gift of real property, such as coins,
stamps, antiques or art.
Donate tangible real property to us. And your benefits may include a charitable tax deduction and the possibility of income for life if done through a trust or to set up an annuity.
Laurens County Health Care Foundation