Legacy Giving Options
With legacy giving, you can provide a meaningful and lasting contribution to Nebraska Children’s Home Society. Talk with your financial adviser, as well as our development team, to find out if legacy giving is right for you.
If you have any questions about legacy giving, or if you’re ready to start planning your donation, contact Carly Wegner at 402.898.7793 or email@example.com.
Bequests and Wills
The charitable bequest affords a way for virtually anyone to express specific philanthropic wishes. In fact, the bequest is the most frequently utilized method for support of charity in America.
A bequest may take on a number of forms, including:
- A specific dollar amount
- A specific asset
- A percentage of the estate
The philanthropic spirit is given a voice when bequests are expressed in a will. While many may think philanthropy is reserved for a select few, the truth is that every bequest to this organization makes a mark that will last throughout history.
Donor-Advised Fund Gifts
Create a grant recommendation from your donor-advised fund to support Nebraska Children’s Home Society.
Final distribution of contributions remaining in a donor-advised fund is based upon the contract you created for your fund.
Please consult with your tax advisor and lawyer to determine what planned gift strategy is best for your current tax situation and income requirements. Consulting estate-planning professionals ensures that your plans to make a lasting impact will are fulfilled.
Retirement plan assets offer yet another vehicle to support your charitable giving. These include, but are not limited to, IRA’s, 401K, 403b, pension plans, annuities, etc. Two ways a retirement plan can be used to make a gift are: the change of beneficiary or the change of ownership. Current tax laws frequently hold retirement plan assets to a high level of income and estate taxes. Utilizing these assets to make a charitable donation may be an effective giving vehicle for you.
Because of the complexity of retirement plans and tax laws, a tax specialist or an attorney should be consulted prior to making a gift. These professionals can help you develop a strategy for these assets that will best suit your individual financial situation.
Join the Society Circle
Have you considered your legacy? Join us today as we prepare to meet the challenges of tomorrow. Leave a legacy for future generations and become a member of the Society Circle. Membership is open to all who include the Nebraska Children’s Home Society in their will or estate plan. If you have already taken this step, you are a member. If you have not yet notified us of your bequest, we encourage you to contact our office so that we can acknowledge your intentions and welcome you to the Society Circle.
A gift of life insurance can be a great gift in a variety of ways. A donor can make changes in the ownership or beneficiary for all or part of the policy very easily. A gift of a paid-up life insurance policy can result in a charitable income tax deduction. Policies can cover self, spouse, children, and other family members.
For changes in beneficiary or ownership of a life insurance policy, please use the following information:
Nebraska Children’s Home Society
4939 South 118th Street
Omaha, NE 68137
The Charitable Gift Annuity (CGA) is a legacy giving tool that transfers assets to an organization through which the donor benefits with a partial tax deduction and the organization agrees to pay the donor a stream of income (based on the IRS tables) for life. A portion of each annual annuity payment to the donor may be tax free or taxed at the capital gains level. A CGA may be funded with cash, CDs, or through appreciated assets like stocks, bonds, or real estate.
The donor benefits of a CGA are two-fold: the donor enjoys the satisfaction of giving while still benefiting with an annual income payment.
There are two major types of trusts, charitable remainder and lead trusts, but many variations. In order to assure qualifications for tax benefits, charitable trusts should be drafted and reviewed by an attorney, as should other legal documents such as wills.
Stocks & Bonds
By donating securities, your generous contribution will provide enhanced support to the families and children we serve, and help raise awareness of our programs. Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than making a donation of cash. Your charitable income tax deduction is equal to the fair market value of the stock, and you may avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.
A donation of real estate to Nebraska Children’s Home Society can reduce your tax burden and provide you with the benefit of savings that comes from relief of the maintenance of your property. You can also avoid capital gains tax on highly appreciated properties with your charitable donation of real estate.