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Outright Gifts
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| What are they? |
Cash or Check
Appreciated Publicly Traded Securities
Closely Held Stock
Tangible Personal Property (jewelery, art, antiques)
Appreciated Real Estate
Life Insurance (already existing or new policies)
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| Is it for me? |
Anyone seeking to make a gift and qualify for tax savings |
| What are the benefits for me? |
Income tax charitable deduction
Possible avoidance of capital gain taxes
Significant contribution to help create a lasting legacy for the beneficiary of your choice
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| What are the benefits for The Catholic Foundation of Utah? |
Allows for immediate funding of endowments |
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Named Family Funds (including Donor Advised Funds)
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| What are they? |
Endowment Funds created by you in the name of your family
Cash or Check
Appreciated Publicly Traded Securities
Closely Held Stock
Tangible Personal Property (jewelery, art, antiques)
Appreciated Real Estate
Life Insurance (already existing or new policies)
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| Is it for me? |
$10,000 minimum payable over time
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What are the benefits for me?
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Retain the right to advise the Foundation of appropriate income beneficiaries
(Donor-Advised Funds).
Name the program, ministry or organization to benefit from your gift
Legacy Leadership Membership
Income and possible estate tax deduction
Create a lasting legacy for your family
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| What are the benefits for The Catholic Foundation of Utah? |
Allows us to invest now, creating a source of perpetual income for the beneficiary of your choice |
| How can I fund it? |
Cash
Publicly Traded Securities
Closely Held Stock
Real Estate
Personal Property
After established, name the Foundation as beneficiary of retirement plans, insurance policies, and bank, brokerage and other accounts
Bequests made through your will or living trust
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Retained Life Estate Gifts
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| What are they? |
Through a retained life estate, a donor makes a gift of a personal residence to The Catholic Foundation of Utah and the donor retains the right to live in the home for life. |
| What are the benefits for me? |
Making a gift of property while retaining a life estate provides the donor with a charitable income tax deduction based on the value of the property, the age of the donor, and his or her life expectancy.
For a gift of appreciated property, a donor may claim a charitable income tax deduction for up to 30% of the adjusted gross income.ublicly Traded Securities
Legacy Leadership Membership
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| What are the benefits for The Catholic Foundation of Utah? |
Allows us to plan for the future benefits your gift will bring |
| How can I fund it? |
Personal residence (donor retains tax and maintenance obligations) |
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Revocable Gifts
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| Wills, Living Trusts, Retirement Plans, Insurance Policies, Financial Accounts |
| What are they? |
Gifts made through your will, revocable living trust, retirement plan, insurance policy and bank, brokerage and other accounts that can be changed at any time up until the time of your passing. |
| Is it for me? |
It is for those who need assets during their lifetime but want to make a significant gift |
| What are the benefits for me? |
Flexible-you can retain the ability to redirect your gift
Possible estate tax deduction
Leave a lasting legacy
Legacy Leadership Membership
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| What are the benefits for The Catholic Foundation of Utah? |
Allows us to plan for the future benefits your gift will bring |
| How can I fund it? |
Cash
Securities
Real Estate
Personal Property
Name the Foundation as beneficiary of retirement plans, insurance policies, and bank, brokerage and other accounts
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Irrevocable Life Income Gifts
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| Charitable Gift Annuity |
| What is it? |
You make a gift to the Foundation and receive fixed income for life |
| Is it for me? |
Must be 60 or older
Best for people 70 or over who want fixed income payments
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| What are the benefits for me? |
Guaranteed fixed income for life
Income tax charitable deduction
Favorable treatment of capital gains on appreciated assets
Legacy Leadership membership
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| What are the benefits for The Catholic Foundation of Utah? |
Allows us to plan for the future benefits your gift will bring |
| How can I fund it? |
Cash-$5,000 minimum
Securities-$5,000 minimum
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| Deferred Gift Annuity |
| What is it? |
You make a gift now and defer your fixed income payments until a future date |
| Is it for me? |
Must be 30 years old to create and 50 or over to receive payments
Best for those looking to meet future financial objectives
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| What are the benefits for me? |
Guaranteed fixed income for life
Defer payments until you need them
Income tax charitable deduction
Favorable treatment of capital gains on appreciated property
Legacy Leadership membership
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| What are the benefits for The Catholic Foundation of Utah? |
Allows us to plan for the future benefits your gift will bring |
| How can I fund it? |
Cash-$5,000 minimum
Securities-$5,000 minimum
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| Charitable Remainder Unitrust |
| What is it? |
Individual trust where you receive income for life or term of years based on an annual valuation of the trust assets. |
| Is it for me? |
Best for those seeking to make a substantial gift with significant tax advantages
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| What are the benefits for me? |
Income for life or a term of years based on a percentage of the trust value each year
Income tax charitable deduction
One variation of this trust is the preferred vehicle for gifts of real estate
Favorable treatment of capital gains on appreciated property
Flexibility to meet income needs
Professional investment management
Legacy Leadership membership
Can name multiple charitable income beneficiaries
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| What are the benefits for The Catholic Foundation of Utah? |
Allows us to plan for the future benefits your gift will bring |
| How can I fund it? |
Cash, Securities, Real Estate
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