Planned Giving
Through planned giving, donors ensure their personal,
financial, and philanthropic goals are fulfilled beyond their lifetimes.
Entrusting your planned gift to The Center for a Healthy Maryland, a 501(c)(3)
organization, helps to ensure our legacy is secured for years to come.
The Center works to ensure you are not only making the
right gift for you, but also to make the process as easy and transparent as
possible.
Interested donors may identify a specific area of The
Center’s operations to support with their planned gift, such as the Museum, the
archives and collections care, educational programs, general operating support,
or the Maryland Physicians Health Program.
We are always excited to speak with interested donors about
other ways their gifts can be used, as well to ensuring that their legacy is
rightfully captured in their planned gift.
WAYS TO GIVE
Bequests
Estate gifts through provisions in a will or living trust,
or through the beneficiary forms on insurance or retirement funds, are the
oldest and largest types of gifts made in humanity.
Cash
From traditional bills and coins, to checks, electronic
payments, or Direct-IRA gifts (not including Donor-Advised Fund gifts), cash is
the most popular form of giving, for convenience, immediacy, and familiarity.
Charitable Gift Annuities
For almost 180 years, Americans have been using charitable
gift annuities to provide income—usually for life—in exchange for a donation of
assets.
Charitable Lead Trusts
Finally, other gift options like charitable lead trusts
present opportunities for donors to give property into a trust that makes gifts
to the foundation over a set period of time, and at termination the remainder
principal returns.
Charitable Remainder
Trusts
The charitable remainder trust (CRT) allows donors to
customize income to their needs, convert illiquid assets into a new stream of
income, or a host of other financial and estate planning goals that can be
accomplished through a charitable trust.
Donor-Advised Funds
DAFs are accounts hosted by a 501(c)(3), opened by an
individual with donated assets above a minimum amount. The donor subsequently
recommends that grants be made out of the DAF to other 501(c)(3) charities
named by the donor.
Gifts of IRA Assets
Fortunately for many, investments and other income sources
in retirement mean that retirement savings are in excess of annual and lifetime
needs.
Giving Stock Instead of
Cash
Giving appreciated stocks and mutual funds (owned for more
than one year) immediately adds a tax advantage over making the same gift in
cash.
Investment Assets
Giving appreciated stock, mutual funds, and other
investment assets provide donors the additional benefit of avoiding recognition
of long-term capital gains, and thus avoid paying tax on those gains.
Real Estate
Donors with real estate available to
them for gifting purposes have several options: giving it outright to the
Foundation; giving it and receiving a portion of the income; giving it and
living in it for life; or selling the property at a discount.
As with any major gift, please consult your attorney or stockbroker
to see which type of gift is most advantageous to you and your heirs.
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