Life Insurance: If your children are grown, you may no longer need valuable insurance policies. Transferring ownership and beneficiary rights to the Walker Foundation may result in a tax deduction on the gift and on any future premium payments you make, and allow you to make a larger than anticipated gift now. New life insurance policies can also make good charitable gifts.
Retirement Funds: Retirement funds can be heavily taxed when transferred to heirs at your death. Using these funds to make a gift to the Walker Foundation instead of other assets could result in more money for your children in your estate.
Annuities: If you are living on a fixed income and have appreciated assets that are producing little dividends, you may be able to fund a charitable gift annuity that will provide regular income for the remainder of your life – no matter how long you live!
Trusts: Trusts are a flexible tool that can provide income for a loved one or charity for a period of years, with the trust assets providing an additional benefit to charity or your heirs.
Planned giving donors are among our most special friends, because their giving goes well beyond today to provide for the future of the Walker Foundation and the South Carolina School for the Deaf and the Blind. For that reason, we offer special recognition to those who have made planned gifts to the Walker Foundation through membership in the Cedar Spring Society.
Additionally, donors to the unrestricted endowment of $1,000 or more are recognized in the lobby of Walker Hall as members of the Society of 1849.
Please contact the Foundation office to learn more about our planned giving opportunities: