Types of Planned Gifts
BEQUESTS
Designating one’s property through a will or trust.
RETIREMENT PLANS
Give some or all of an Individual Retirement Account (IRA) or 401k.
LIFE INSURANCE
Designate the Community Foundation as a charitable beneficiary.
INVESTMENT ACCOUNTS
Designate the Community Foundation as a charitable beneficiary.
LIFE ESTATE CONTRACT
Donor donates a home to the Community Foundation, gets a tax deduction and continues to live in the house.
REVOCABLE LIVING TRUSTS
Designate a portion of the trust assets to the Foundation.
CHARITABLE GIFT ANNUITY (CGA)
Annuity pays one or more beneficiaries a fixed amount for life and then the remaining assets go to the Community Foundation.
CHARITABLE REMAINDER ANNUITY TRUST (CRAT)
Trust pays one or more individuals a fixed amount for life and then the remaining assets go to the Community Foundation.
CHARITABLE REMAINDER UNITRUST (CRUT)
Trust pays one or more beneficiaries a variable amount for life and then the remaining balance goes to the Community Foundation.
CHARITABLE LEAD TRUST
Trust pays the Community Foundation a fixed amount for a number of years and then assets go to a named individual.
ENTIRE ESTATE
All real estate, personal property and investments. CFNEA will serve as the Executor if CFNEA is the sole beneficiary.
Jennifer S. Maddox, MBA, CAP®, President & CEO, can be reached at 256-231-5160, ext. 25 or email
J. Mitchell Rogers, MBA, CAP®, Vice President of Community Partnerships, can be reached at 256-231-5160 ext. 17 or email
Fred Smith, MPA, CAP®, Vice President of Community Partnerships, can be reached at 256-231-5160, ext. 26, or email.