Planned Giving to TGH
Gifts of Stock
Charitable Gift Annuity
The donor agrees to make a donation of cash or securities to TGH. In return, the donor (and someone else, if they choose) receive a fixed amount each year for the rest of their lifetime. The initial gift is partially income tax-deductible, and the annuity payments are partially income tax-free. There is a reduction of capital gains tax if appreciated securities are used and there is a guaranteed income for the donor (and someone else, if they choose) for the rest of their lifetime.
The donor can name TGH as a beneficiary of their life insurance policy, annuity, bank account, or investment account. There is an estate tax deduction for the cash value amount and removes the asset from the taxable estate. The donor can bypass probate and has full access to their funds for the rest of their life.
Charitable Lead Trust
The donor can donate cash, stock, or real estate to an irrevocable trust that makes annual gifts to TGH, and then the balance goes to their heirs. There is an immediate tax deduction for a portion of the donation and the trust assets are not subject to estate tax. Estate tax (or gift tax) deduction based on value of charitable payouts. Donors can pass assets to their heirs and avoid some or all of the estate tax.
Required Minimum Distribution
The donor (who must be 70 1/2 or older) can donate up to $100k per year from their IRA tax free to TGH and avoid income tax on their leveraged withdrawals.