Planned & Deferred Giving

Your legacy for the future

A planned or deferred gift is one in which a donor chooses to designate the Fredonia College Foundation as the beneficiary of a bequest, life insurance policy, charitable gift annuity, charitable trust, or retirement plan gift. This avenue enables donors to fulfill philanthropic objectives, establish a legacy and often receive attractive benefits at the same time. More examples of planned gifts and information on each

Types of Planned Gifts:

Bequest

• The most common form of gift by will. It can be in any amount and, if it meets the minimum requirement, may be used to create an endowed fund. It is revocable unless otherwise stipulated. In-depth information on Bequests
  

Life Insurance

• A donor may revocably or irrevocably name the foundation beneficiary and/or owner of a new or pre-existing policy. In-depth information on gifts of life insurance
  

Charitable Gift Annuity

• Also known as life income agreements, provide a guaranteed income for life in exchange for an irrevocable gift. In-depth information on Charitable Gift Annuities
  

Charitable Remainder Trust

• These trusts are privately created and administered. As an irrevocable trust, they can provide either a fixed or variable income for life or term of years. Similar revocable trusts may also be employed but do not provide a tax deduction. In-depth information on Charitable Remainder Trusts
  

Retirement Plan Assets

• These are gifts made by naming the foundation as beneficiary after death. In-depth information on retirement plan assets

Bequest Savings Bonds

• A donor may leave appreciated U.S. Savings Bonds as a charitable bequest and the foundation will receive 100 percent of the value of the bonds (and bypass the tax burden).