There are many ways you can help ensure that people with disabilities receive services from UDSF without impacting your current lifestyle or financial security. We invite you to partner with us (and receive IRS incentives) by creating a gift that benefits you, your loved ones, and UDSF.
UDSF Endowment Fund
A strong UDSF Endowment Fund will continue our 50-year legacy of providing a variety of services to thousands of our friends and neighbors with disabilities, the aging, and veterans throughout Central and Eastern Pennsylvania.
Contributions to our Endowment Fund (like planned gifts) are typically components of long-term income and estate plans. These contributions take many forms, including cash, securities, other appreciated assets, personal property, bequests, life insurance, and charitable remainder trusts.
Planned Giving helps UDS supporters achieve their philanthropic goals while improving their financial security. It’s a smart way to contribute a larger gift that might not be possible through individual gifts from your day-to-day income. Planned giving opportunities fall into the categories below.
Gifts that Pay You Income
There are several options for individuals who want to invest in the future of UDSF while also receiving income. Bequests, Life Insurance, Retained Life Estates, Charitable Gift Annuities (CGA), Charitable Remainder Trusts (CRT), and Charitable Gift Trusts (CGT) are just a few of the income-generating options our supporters use to make contributions to UDSF.
Charitable Gift Annuities (CGAs)
A CGA is a legal contract between a donor and a charity. You make a non-revocable gift (such as cash or other assets) to UDSF, and we invest the money and pay you back a fixed annual income now or at a future date. If you fund your gift annuity with cash, a significant portion of the annuity income will be tax free. And if you make a gift from your appreciated securities, you’ll avoid a portion of the capital gains tax.
Charitable Remainder Trust (CRT)
A CRT is a great way to support UDSF and reduce your taxable income. You donate assets to an irrevocable trust and name UDSF as the remainder beneficiary and yourself or someone else as the income beneficiary. UDSF invests the trust assets, and the trust makes annual distributions to you or your designated income beneficiary for life. In doing so, you avoid capital gains tax on the sale of your appreciated assets.
Gift from Retirement Plan
Making a gift through your IRA or other tax-qualified retirement account reduces your income tax burden and leaves a legacy of support to UDSF. You and your plan administrator can designate mandatory distributions to UDSF. The benefits of this option include:
- Use mandatory distributions for charitable donations.
- Avoid paying taxes on those mandatory distributions.
- Set a fixed payment that increases over time.
- Make a more generous gift than would be possible through traditional donations.
There are several restrictions that apply to this provision. We encourage you to contact us or your professional advisor to learn more.
Gifts From Your Will or Trust
Including UDSF in your will or trust is a simple, no-cost way to leave a lasting impact on UDSF and the individuals we serve. Bequests are revocable, can be amended easily, and should be drafted with the assistance of an attorney.
A bequest can be made as a percentage, a specific dollar amount, or a gift from the balance of your estate. You can also name UDSF as the beneficiary of all or part of your retirement assets, such as a 401(k), 403(b), Keogh plan, or profit-sharing pension plan. This allows the full value to be transferred to UDSF and also provides estate tax savings. The benefits of this option include:
- Receiving estate tax charitable deductions.
- Reducing the tax burden on your family.
- Staying in control of your assets during your lifetime.
- Modifying your gift to address changing circumstances.
- Directing your gift to a particular purpose — please be sure to check with us to ensure your gift can be used as intended.
Gift of Securities
Donors making gifts of stock, bonds, mutual funds, and other securities to UDSF can receive a double tax break by avoiding capital gains taxes and getting a current-year income tax deduction for the full value of the gift.
Beneficiary Language Assistance
If you or your attorney would like UDSF to provide you with customized beneficiary language that’s specific to your goal or interest, email or call Director of Major Gifts, Larry Aubrey at (717) 715-8763.
You can also download a gift language sample for your will or trust.