Planned
Giving
Planned Giving is the art and science
of making the most of your contributions. By thoughtful
planning, your gift can provide both the greatest assistance
to our kids and the most attractive benefits for you, too.
The Planned Giving program at Covenant House New Jersey
serves our contributors by providing information, assistance
and administration for these gifts. There is no cost to
the donor for Planned Giving services. Planned Giving opportunities
include the following:
You may make an outright gift on your death to our kids
through your Will or
Bequest.
Our Charitable
Remainder Trust (CRT) receives high quality
administration at no cost to the donor or to the trust.
It also provides increased investment flexibility for the
donor.
The Gift
Annuity is a well-known gift plan that provides
fixed and guaranteed income for life in exchange for your
gift of cash or stock. The combination of simplicity, affordability,
fixed lifetime payments at a high rate, some tax-free income,
and a substantial tax deduction make this the most popular
gift plan for our donors over aged 70.
A Pooled Income Fund is also available. A gift providing
immediate income for life can be arranged for a contribution
as affordable as $5,000.
For younger donors (aged 40 to
69), our Charitable Retirement Annuity provides guaranteed
income to you at a very attractive rate beginning in
a future year of your choice. It allows you to lock in
guaranteed retirement income free from market risk, while
taking a deduction this year for a large portion of the
value of your contribution and giving our kids a chance
for a rewarding life. That’s why we call the
Charitable Retirement Annuity "the Right Thing in
Retirement Planning".
Planned gifts can take as many forms as a good imagination
inspired by love can dream up. Gifts of real
estate, stock,
life insurance and retirement
plan assets are among the
gifts we've recently seen. We look forward to answering
your questions, helping you explore the options, and to
being of service to you and your advisors.
| At Covenant House New Jersey, we
recommend that you consult with your attorney or tax
advisor for the various tax benefits and restrictions
that may apply to your specific situation. Covenant
House New Jersey does not provide legal or tax advice,
but our staff are always available to you and your
advisors to answer questions or to help arrange a planned
gift to Covenant House New Jersey. By remembering our
kids in this way you keep the promise of our Covenant
with future generations. |
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