Planned Giving

Planned Giving is a commitment by a generous donor to make a major gift to American Society for the Protection of Freedom and Families over a period of time during their lifetime or at death; as part of the donor’s overall financial and estate planning as determined by the Donor and their tax advisors. It is an investment in the future well-being of ASPFF’s mission and programs. Below are a few of the more popular vehicles for donors to consider:

Bequests – Bequests are the most popular planned giving method used by donors. Donors can make a gift or charitable bequest via a trust, will, or in their estate plan. Donors can allocate a specific amount of money in either a lump sum payment or as a percentage of their total estate given to ASPFF now or upon their death; or leave their residue of their entire estate after all specific bequests are paid. Any such bequests may be tax deductible for gift and estate tax purposes.

Charitable Remainder Trusts – A donor may make a gift to a trust of highly appreciated or other assets. The Donor pays no capital gains tax on the sale of the property and may receive an income tax deduction for the cash and/or fair market value of the asset(s) gifted to the trust. Income is provided annually to you and/or others for life or for a term of years. Once the trust term is complete, the remaining funds are given to ASPFF. These trusts may also provide gift and estate tax benefits.

Current Outright Gifts – ASPFF is happy to accept gifts or property such as stock, real estate, or tangible personal property if such a gift is deemed appropriate, including gifts of appreciated property. This is an excellent way for a Donor to leverage a charitable gift.

Endowments – A Donor may make a gift for a specific purpose and endow that gift so that the income or a percent of the principal would be used by ASPFF.

Retirement Plans and IRAs – A retirement plan may represent a donor’s largest portfolio asset. This gifting opportunity involves obtaining a beneficiary designation form from the retirement plan administrator and naming ASPFF as the full or partial beneficiary of the retirement plan assets upon owner’s death. Significant income and estate tax saving can be realized by naming ASPFF as the beneficiary of the retirement plan assets. If you are over age 71, you may now gift a portion of your IRA to ASPFF and receive a charitable deduction. This will lower the Donor’s Adjusted Gross Income for tax purposes, which can provide additional benefits for the Donor.

Life Insurance – This is an attractive option to many donors as it affords them the opportunity to make a sizable gift for perhaps a minimal outlay of cash. Donors may give an existing (fully or partially paid) or new policy as long as the Donor commits to the payment of premiums. The Donor is entitled to a charitable income tax deduction for the cash value and/or any future premium paid to ASPFF if we are named as a beneficiary of the policy.

Charitable Gift Annuities – A Charitable Gift Annuity (CGA) is a contract between a charity and a donor that, in exchange for an irrevocable transfer of assets to the charity, the charity will pay a fixed sum to the donor and/or beneficiaries designated by the donor for the lifetime(s) of up to two beneficiaries. A CSG offers a regular fixed income to the donor, while benefiting the charity of their choice. It can be designed to begin paying an income stream to the donor beginning immediately, at a fixed future date, or at a flexible future date. Charitable Gift Annuities also provide the donor with the opportunity to leverage “after tax” income.

As with all charitable gifts, kindly consult with your tax advisor to see if any of these planned giving ideas would be beneficial to you and to find out all the rules and regulations that apply. For questions about American Society for the Protection of Freedom and Families, please contact Scott Giebler at 754-214-8596 or e-mail info@aspff.org.