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Support YouthLaunch by making a planned gift

What are Planned Gifts?

Planned gifts are a variety of charitable giving methods that allow you to express your personal values by integrating your charitable, family and financial goals. Making a planned charitable gift usually requires the assistance of a knowledgeable advisor such as an attorney, financial planner, or CPA to help structure the gift. Planned gifts can be made with cash, but many planned gifts are made by donating assets such as stocks, real estate, art pieces, life insurance, annuities, or business interests. Planned gifts can provide valuable tax benefits and/or lifetime income for you and your spouse or other loved ones. The most frequently-made planned gifts are bequests to charities, made through your will. Other popular planned gifts include charitable trusts and charitable gift annuities.

Why Should I Make a Planned Gift?

Many people want to make charitable gifts but need to do so in a way that helps meet their other personal, family, or financial needs. Planned gifts give you options for making your charitable gifts in ways that may allow you to:

  • Make a larger charitable gift than you thought possible
  • Increase your current income
  • Plan for the financial needs of a spouse or loved one
  • Provide inheritances for your heirs at a reduced tax cost
  • Reduce your income tax and/or avoid capital gains tax
  • Diversify your investment portfolio
  • Receive income from your personal residence or farm
  • Plan for the transfer of your business
  • Leave a charitable legacy for future generations

    More information about planned gifts can be viewed on the National Committee on Planned Giving web site at www.ncpg.org

    How Can You Help YouthLaunch?

    You can name YouthLaunch as the primary or contingent beneficiary on:

  • Life Insurance Policies
  • Annuity Policies
  • IRAs and 401Ks
  • Stocks and Bonds
  • Business Interests
  • Trust Funds
  • Real Estate
  • Art Pieces
  • Trusts
  • Wills

    Making Your Gift

    Planned gifts offer a variety of giving methods that allow you to support your favorite charity and at the same time meet financial goals. In addition, these giving structures can be balanced with the needs of your family and the financial security you want to provide them. While your financial advisor can assist you, the language that could be incorporated in your will or other documents could be as simple as the following example:

    "I bequeath to YouthLaunch, an organization providing empowering service opportunities for young people in the state of Texas, the sum of _________ dollars($) (or specific insurance policy, trust, stock, or real Property) to be used for its purposes."

    If you wish to add to an existing will, a codicil could be phrased like this:

    "I add to my existing will dated _____ the following provisions: I bequeath to to YouthLaunch, an organization providing empowering service opportunities for young people in the state of Texas, the sum of ________ dollars ($) (or a specific insurance policy, trust, stock, or real property) to be used for its purposes."

    For more information about YouthLaunch and planned gifts, contact Jen Lester, Development Specialist at jlester@youthlaunch.org (512) 342-0424.


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