Gift Planning
Leave a Lasting Legacy While Fulfilling Your Personal and Philanthropic Goals.
With thoughtful planning, you can honor your values, care for loved ones, and make a lasting impact on the causes closest to your heart. There are many ways to structure your giving—allowing you to support family, receive financial benefits, and transform the assets you’ve built over a lifetime into a meaningful legacy.
Planned Giving Examples
Transforming Assets into a Meaningful Legacy
A charitable gift from your estate allows you to support the Foundation while maintaining control of your assets and achieving your financial goals.
Choosing to name the CBS Foundation as a beneficiary of your retirement plan, life insurance policy, or commercial annuity offers a simple and flexible way to support our mission while maintaining control of your assets.
If you’re 70.5 or older, you can make a direct transfer of up to $100,000 per year from your IRA to a qualified charity—like ours—while enjoying potential tax benefits. A QCD counts toward your required minimum distribution (RMD) for the year, provided it meets IRS guidelines. Also known as an IRA charitable rollover, this giving option is a simple and impactful way to support our mission.
A charitable gift annuity offers a meaningful way to support our mission while securing a steady income for yourself. By making a gift to the CBS Foundation, you receive fixed annual payments for life, along with potential tax benefits. After your lifetime, the remaining funds become a lasting legacy, helping to sustain our work for future generations.
A charitable remainder trust (CRT) is a powerful way to support our mission while securing financial benefits for yourself or your loved ones. This irrevocable trust provides an income stream to you or designated beneficiaries, with the remaining assets ultimately benefiting the CBS Foundation.
There are two types of CRTs, each offering unique advantages:
- Annuity Trust: Provides a fixed annual payment, offering stability, but does not allow additional contributions.
- Unitrust: Pays out a percentage of the trust’s annually revalued assets, with the flexibility to make additional contributions over time.
By choosing the option that best suits your financial and philanthropic goals, you can create a legacy that supports both your future and the causes you care about.
By choosing the option that best suits your financial and philanthropic goals, you can create a legacy that supports both your future and the causes you care about.
Whether you wish to memorialize a loved one, reduce tax burdens, or support the areas of our mission that matter most to you, planned giving offers flexible options tailored to your needs. These gifts ensure that your generosity continues to inspire and uplift future generations.
Our gift planning experts, in collaboration with you and your financial or legal advisor, can help you create a lasting legacy that reflects your values and vision for the future. For assistance, please contact CSO Bhakar Singh via email.