Philanthropy

Maybe you’re just beginning your charitable journey. Or perhaps you have a tradition of giving, but you’re less than satisfied with the results. No matter how you’ve chosen to share your wealth, now may be the time to look at philanthropy from a different perspective.

Just as you accrue wealth by setting goals and working toward them, you can establish objectives for your generosity. Creative philanthropy can help you achieve personal fulfillment as you help society. By taking a personal approach, you can promote your passions, pass along your values, engage your family in a way you never have before, and leverage the full social power of your wealth.

There are many ways to give, no matter what you want to achieve.

OUTRIGHT GIFT OR APPRECIATED PROPERTY

A direct transfer of cash, securities, or property during your lifetime. The charity benefits from the gift immediately, using it for the purpose you specify. You receive a current year tax benefit.

BEQUEST

A distribution from your estate to a charity. The charity can use your assets immediately upon your death, for purposes described by you. You may significantly reduce your taxable estate, since tax laws grant an unlimited estate tax deduction for a charitable bequest.

CHARITABLE GIFT ANNUITY

An agreement made by the charity to pay you a set amount of income (an annuity) for your life, in exchange for your current gift to the charity.

POOLED INCOME FUND

Permits you to gift assets to a fund run by the charity and to receive income earned by the fund during your lifetime. The charity receives the assets contributed upon the death of the beneficiary.

DONOR ADVISED FUND

Permits you to make a donation to a charity — a gift fund — which establishes an account in your name. As a donor advisor, you retain the right to recommend grants to public charities over time.

CHARITABLE REMAINDER TRUST

A trust that has a charity as the recipient of the principal you gift to the trust, and you or another named individual as the recipient of the income generated by the asset gifted. The charity receives the principal upon the death of the income beneficiaries.

CHARITABLE LEAD TRUST

A trust that has a named individual beneficiary as the recipient of principal you gift to the trust, and a charity as the recipient of the income generated by the asset gifted.

PRIVATE FOUNDATION

A nonprofit corporation or trust to which you donate assets. The foundation may make grants to organizations or individuals for charitable purposes. This vehicle provides the most flexibility for your giving.


Philanthropy can be a core part of any life plan. There are plenty of resources available to help you achieve your philanthropic goals, while maximizing your personal satisfaction. We can help you get started with your philanthropic plan.