create a lasting legacy with your charitable gifts
There is no wrong way to give money to a charity,
but there are some methods that are more advantageous than others
A Few Ways That You Can Create a Lasting Legacy
Donor Advised Funds
A type of charitable giving vehicle that allows donors to make tax-deductible donations to a fund that is then managed by a sponsoring organization. Donors can then advise the sponsoring organization on how to distribute the funds to various charitable organizations.
A a type of charitable giving vehicle that allows donors to make tax-deductible donations to a fund, which is then pooled with other donations and invested. The fund makes regular income payments to the donors based on their share of the pool, with the income payment rates determined by the investment performance of the fund.
Charitable Lead Trusts (CLT) and Charitable Remainder Trusts (CRT) are types of charitable trusts that allow donors to make a charitable gift while retaining an income stream from the donated assets. However, they differ in how the income stream is structured and the ultimate disposition of the trust assets.