News

Consider a year-end planned gift

Nov 10, 2014
Consider a planned gift at year-end.
As the end of 2014 approaches, people are assessing their giving priorities. It’s a time that many people strive to meet the goals they set for themselves for the year. It’s also a chance to utilize tax benefits. Of course, it’s also a season of giving in many cultures—the perfect time to make a thoughtful charitable impact.

Whatever the inspiration, a planned gift is a way to extend your impact to children in need—forever. And you can tailor it to fit your personal financial needs.

The Kiwanis International Foundation has a number of planned gift options that may be right for you:

  • Bequest. The most common planned gift is a bequest, in which you include the Kiwanis International Foundation as a beneficiary in your will or trust.
  • Retirement plan or IRA. Naming the Kiwanis International Foundation as a beneficiary of your retirement plan or IRA is another great way to make a legacy gift. By establishing a pre-tax plan, you ensure that your gift benefits our foundation for the full amount of the plan.
  • Life insurance policy. If you have a life insurance policy that is no longer a significant piece of your estate plan, you might consider making a gift by assigning ownership to the Kiwanis International Foundation or making the foundation the beneficiary. By donating the policy to our foundation, you may even be entitled to a tax benefit during your lifetime.
  • Charitable gift annuity or charitable remainder trust. With a charitable gift annuity or a charitable remainder trust, you can even make a gift that will provide an income.
To learn more about your planned giving options, contact Steve Hinson, manager of major and planned giving, at shinson@kiwanis.org. Or call him at +1-317-217-6234.

Note: The Kiwanis International Foundation does not provide financial or legal advice. You should always consult your financial and legal advisors about your personal situation before proceeding with your gift.