Planned Giving: Your Options
Endow Your Gift
Endowing your financial contribution to the Center for Children and Families, Inc. allows your gift to continue to support the organization in perpetuity. For example, a gift of $10,000 could provide $500 annually to the organization. A gift of $20,000 could provide $1,000 annually to the organization. Examples are based on a five percent interest rate. Click here to find out more about CCFI’s Hope for Children Endowment.
Wills and Bequests
A charitable bequest is one of the easiest estate gifts. With a bequest you can designate a specific amount, a percentage, or the remainder of your estate to the Center for Children and Families, Inc. In some cases, you may also receive a substantial reduction in federal estate taxes. Please contact us for sample bequest language to place in your will by emailing Erin Barnhart at email@example.com or calling (405) 364-1420.
Charitable Gift Annuities
To potentially increase your income and support the agency, you can make a gift of cash or other assets of at least $20,000. Through an annuity, you or a named beneficiary will receive fixed annuity payments. Upon the annuitant’s death, the remaining assets would go to the Hope for Children Endowment.
Charitable Remainder Trusts
With a Charitable Remainder Trust, you may place cash or property in a trust that pays annual income to you (or another named beneficiary) for life or for a term of years. Upon the trust’s termination, the trust assets benefit the Center for Children and Families, Inc. You may receive tax benefits in the year you establish your trust.
Retirement Plan Assets
Your retirement accounts such as IRAs or 401(k) accounts are subject to estate and income taxes. To reduce this burden on your estate and heirs and to create a charitable legacy, you may use any retirement plan assets to maximize charitable contributions by transferring these assets to the Hope for Children Endowment. You may produce significant tax savings while helping the Center for Children and Families, Inc. accomplish its mission.
Please contact Erin Barnhart, CCFI Resource Director, for more information at firstname.lastname@example.org or call (405)364-1420.