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Planned giving ensures that you can realize your
charitable giving goals, whether during your lifetime, or following your
death.
Estate gifts: By including the Walker
Foundation and those charities that are important to you and your family
during your lifetime in your Will or estate plan, you have an
opportunity to give assets that you no longer need.
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.
Please call Heather Patchett, Executive Director,
for more information about planned gifts to the Walker Foundation. She
can be reached at (864)577-7582 (voice and TTY). She will be happy to
work with your and your attorney or financial advisors on a gift that
could benefit the Foundation and School for years to come.
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. |
