“It is one of the most beautiful compensations in life that no man can help another without helping himself.” – Ralph Waldo Emerson
Financial experts estimate that in the next fifty years, approximately $41 trillion will be transferred from one generation to the next, and every time money is transferred, it is taxed. A well-planned charitable gift can help families avoid some of these taxes while at the same time benefiting the donors, their families and charitable organizations.
Planned giving can strengthen the financial future of individuals by not only providing increased income for them and their families, but also by providing income, estate and capital gains tax savings. Planned gifts come in many forms, including charitable gift annuities, charitable lead trusts, bequests, life insurance, retained life estate agreements, and real estate.
Examples of the benefits of a planned gift:
One-Life Charitable Gift Annuity Rates and Benefits for $10,000
Age |
Rate |
Annual Income |
Tax Deduction |
70 |
6.7% |
$670 |
$2,814 |
| 80 |
8.3% |
$830 |
$4,520 |
| 90 |
11.5% |
$1,150 |
$5,446 |
For illustrative purposes only. Always consult your own financial advisor or attorney about planned gifts.
If you’d like more information on making a planned gift, please contact Karyn Pratt at karyn.pratt@adelphoiusa.org or 724-804-7106