Planned Giving

Planned Giving Opportunities

 

GIFTS THAT PAY YOU INCOME

There are several options for supporters interested in investing in the future of UCP while receiving income. Charitable Gift Annuities (CGA), Charitable Remainder Trusts (CRT) or Charitable Gift Trusts are just a few of the income-generating options our supporters choosing to make a generous contribution to UCP.

CHARITABLE GIFT ANNUITIES (CGA)

A CGA is a legal contract between a donor and a charity. You make a non-revocable gift – such as cash or other assets – to UCP. UCP invests the money and pays you back a fixed annual income – now or at a future date. If you fund your gift annuity with cash, a significant portion of the annuity income will be tax-free. If you make a gift from your appreciated securities, you’ll avoid a portion of the capital gains tax.

CHARITABLE REMAINDER TRUST (CRT)

A CRT is a great way to support UCP and reduce your taxable income. You donate assets to an irrevocable trust, naming UCP as the remainder beneficiary and yourself or someone else as the income beneficiary. UCP invests the trust assets and the trust makes annual distributions to you or your designated income beneficiary for life. In doing so, you avoid capital gains on the sale of your appreciated assets.

 

Gift From Retirement Plan

Making a gift through your IRA or other tax-qualified retirement account is a great option for reducing your income tax burden and leaving a legacy of support to UCP. Working with your plan administrator, you can designate mandatory distributions to UCP.

BENEFITS

• Use mandatory distributions for charitable donations
• Avoid paying taxes on those mandatory distributions
• Set a fixed payment that increases over time
• Make a more generous gift than would be possible through traditional donations

There are several restrictions that apply to this provision, so as with any planned giving endeavor; UCP encourages you to contact your professional advisor to learn more.

 

Gifts From Your Will Or Trust

Including UCP in your will or trust is a simple, no-cost way to leave a lasting impact on UCP and the individuals we serve. Bequests are revocable, can be amended easily and should be drafted with the assistance of an attorney.

A bequest can be made as a percentage, specific dollar amount or gift from the balance of your estate. You can also name UCP as the beneficiary of all or part of your retirement assets, such as a 401(k), 403(b), IRA Keogh or profit-sharing pension plan. This enables the full value to be transferred to UCP and provides estate tax savings.

BENEFITS

• Receive estate tax charitable deduction
• Reduce the tax burden on your family
• Your assets remain in your control during your lifetime
• You can modify your gift to address changing circumstances
• You can direct your gift to a particular purpose (please be sure to check with us to ensure your gift can be used as intended)
• Leave behind a legacy of support to UCP

The most effective way we can make sure UCP can effectively fulfill its mission of serving the community for generations to come, is to ensure that the funds and resources necessary to do so are in place. The best way to do that is to grow our Cornerstone Society. I hope you will consider joining the ranks of a forward-thinking group of supporters who have seen fit to consider UCP in their long-range financial planning.

If you or your attorney would like UCP to provide you with customized beneficiary language specific to your goal or interest, or you would like to consider a planned gift to secure a brighter future for individuals with disabilities in your local community, or you would like to join the Planned Giving Committee, please contact Janeen Latin at janeen.latin@ucpcentralpa.org or 717.737.3477.