PLANNED GIVING 

Glossary

• Will or Codicil Bequest: A bequest in your will or trust can be used to leave outright gifts to the Boys & Girls Clubs of San Leandro or to establish a planned contribution. This can be a fixed amount or a percentage of assets.
• Charitable Gift Annuity: it is possible to make a donation of cash or securities to establish a Charitable Gift Annuity to provide you or another individual with guaranteed, partially tax-free income for life.
• Charitable Remainder Trust: A charitable Remainder Trust provides an individual with income for either life or a term up to 20 years from the date the gift is made. When the trust terminates, the Boys & Girls Clubs of San Leandro receives the Trust’s principal.
• Outright Gift:An outright gift of cash, securities, real property or other assets at this time or in the near future.
• Charitable Lead Trust:A charitable Lead Trust provides the Boys & Girls Clubs of San Leandro with a steady income for a term of years or the life of an individual. When the trust terminates, the donor’s designated heirs will receive the trust’s appreciated principal.
• Life Insurance:There are several ways to use life insurance to make a donation to the Boys & Girls Clubs of San Leandro. The Club can be named as owner and beneficiary to an existing policy or a new policy can be established.
• Retirement Assets:The combination of federal income, estate and excise taxes can seriously erode the value of retirement savings. Naming the Boys & Girls Clubs of San Leandro as a beneficiary of these assets can save your estate and heirs both income tax and federal estate taxes.
• Appreciated Stock:These assets that have a higher market value than their basis or tax purpose value. Such assets would, if sold by an individual or non-charitable organization at a price higher than their basis, potentially generate capital gains (either long-term or short-term depending on the holding period).
• Gift of Residence:A gift of your home (or vacation property) can be made and you can still live in it for the rest of your life.