You can create a fund at the Foundation to support the charity or charities you believe in. Many donors regularly contribute assets to a donor advised fund and suggest periodic distributions to charitable organizations.
After providing for your loved ones, you can create a fund at the Foundation or add to one you have already established. Estate taxes can be saved, and the charitable causes you support during your lifetime can continue to benefit through a fund established at the Foundation.
•Bequests: A bequest to the Foundation can be easily made through a simple designation in a will or trust to establish a fund or add to an existing fund. The Foundation accepts bequests in several forms, including specific sums or assets, a percentage of the residue of the estate, and contingent bequests.
•Life Income Plans: Some planned gift arrangements offer the benefit of a current tax deduction in exchange for the commitment of funds to a charitable purpose or purposes at some later date. The result may be an increase in current spendable income for you and your family. At a later date, a fund will be established at the Foundation.
The following planned gift arrangements can be used to create funds: remainder interests in real estate, charitable remainder trusts, charitable lead trusts, charitable gift annuities, gifts of life insurance, and retirement plan assets.