Have you heard the term “planned giving”?  It’s about planning, and it’s about giving, but it’s also about receiving.

All gifts to the Baylor Scott & White Central Texas Foundation provide the donor with the personal satisfaction of contributing to a worthy cause. But “planned gifts” can give the donor even more in return.

Making a planned gift is a special way to support our mission because it allows you to donate assets, yet defer the time we actually receive them. And it’s during that time in between when good things happen for you.

Financial Reasons for Giving:

The best gift plans improve the donor’s financial and tax situation, often right away. For example, life income gifts allow you (and/or another beneficiary, if you wish) to receive a lifetime income from the assets you donate. Consider these advantages of various gift plans:

  • Current income tax deduction
  • Elimination of long-term capital gains tax
  • Increase in income and effective rate of return

An added bonus of planned gifts is that they allow good things to happen for your loved ones as well.  Without eroding the estate, planned gifts often cut the taxes imposed on it. That’s why gift planning is such a vital part of another process—estate planning.

Your Giving Options

We understand that your own financial needs and those of your family come first. And with planned giving options, everyone wins; you provide for our needs later, and we provide for your needs now.

We encourage you to explore the possibilities and opportunities for creative gift planning that can be found on our webpage. With your legal and tax advisors, we can help you create a plan that suits your personal circumstances and blends philanthropic giving with your financial needs and tax planning.

NEW LAW: Federal economic stimulus legislation may affect your giving. Special Tax Incentives for Giving