Planned Giving: An Investment for the Future
To fund its important programs, the Foundation depends heavily on private contributions from caring individuals. And every year, more of these donors are discovering the benefits of supporting the MPC Foundation through their estate plans.
These donations (often called planned gifts) can offer many advantages:
* Reduce estate taxes
* Provide a life income stream
* Allow you to make a much larger gift than you thought possible
* Receive a current income tax deduction
* Reduce or avoid capital gains tax
* Support the vital work of the Foundation
If you have not yet included MPC in your estate plans, the following are some of the most popular methods to accomplish that. If you have questions or would like more information, Please contact Marilynn Gustafson at (831) 655-5507.
Life Insurance
Name the Foundation as your beneficiary or donate an existing policy that you no longer need.
Will or Trust Provision
Make a charitable bequest to the Foundation in your will or living trust.
Charitable Remainder Trust
Receive income and arrange a future gift that will benefit the Foundation. Retirement Plan
Avoid "double taxation" by naming the Foundation as beneficiary of your retirement plan.
IRA Giving
U.S. Donors 70½ and older can make tax-free distributions of up to US $100,000 in both 2008 and 2009 from an IRA to Foundation.
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