Appreciated Stock. Gifts of appreciated stock are deductible under federal tax law. You avoid capital gains taxes while making a significant gift to the institute-perhaps more significant than might have been possible through a cash donation.
Bequests. Making a gift by a bequest in your will or trust is an easy and popular way of supporting the institute. You may make a bequest of a specific dollar amount, a percentage of your estate, property or securities, or the balance of your estate after providing for your loved ones.
Gift Annuities. An annuity is part gift and part investment. This approach of giving provides the donor a federal income tax deduction and a guaranteed steam of annual income. When the annuity matures, the funds are available for use by the institute.
Remainder Trusts. This approach allows a donor to receive lifetime income at an agreed upon percentage. Once the trust terminates the remaining assets are available to the institute. Significant tax savings and a lifetime income are hallmarks of the approach.
Lead Trusts. Making a gift through the use of a lead trust allows the donor to preserve assets for themselves or their loved ones while putting their resources to work for the institute today. A fixed percentage of the value of the trust is donated to the institute for a specified period and the trust principal returns to the donor when the agreement is fulfilled.
Life Insurance. There are a variety of ways that life insurance an be used to support the institute. An easy way to take advantage of the approach is to simply designate the institute as a full or partial beneficiary of an existing policy.
There are other approaches to planned giving that may be right for you. Contact the Paul Simon Public Policy Institute or your financial advisor to learn how these or other approaches may benefit you.