Art in the Schools Matching Gifts Matching gifts from a past or present employer can trigger a corporate match to increase support and encourage a company to spread their contributions over a broader base. Establishing a Deferred Gift Deferred or planned gifts are those that typically are made upon death, or which involve lifetime financial benefits to the donor, or which are purposefully structured to minimize estate, gift or income taxes. In short, they are gifts that require some planning. Deferred gifts established during a lifetime or by will allow the donor to divide property between loved ones and charitable beneficiaries, saving estate taxes in the process. With deferred giving, both donor and charity benefit over the years.
Community foundations specialize in the concept of planned giving for at least two reasons.
First is that planned giving is especially suited to the type of capital wealth community foundations attract. Secondly, conveyance of capital gifts generally signify creation of a philanthropic legacy, and community foundations embody legacy giving. ACF may be named as the residuary beneficiary of an estate, as the recipient of a specified gift or contingent bequest, or as the ultimate recipient of the assets of a charitable remainder trust. The Ray Zimmer Heritage Society of Albuquerque Community Foundation is composed of individuals who have designated a substantial planned gift to the Foundation or for distribution through the Foundation to other charities. A Legacy New Mexico is a collaborative effort among community nonprofit organizations, estate and financial planning professions, and the media to promote charitable giving through wills and estate plans.