Planned Giving

"People have made at least a start at understanding when they plant shade trees under which they know full well they will never sit." - Elton Trueblood
 

There are multiple ways you can leave a legacy to sustain the mission of CHRIS Kids, while at the same time providing yourself and your family (or other beneficiaries) with significant tax benefits. In addition to outright, tax-deductible cash gifts, there are other creative ways to give, including:

• Gifts of stock
• A bequest in your Will
• A beneficiary designation on a life insurance policy, 401(k) plan or IRA
• Charitable Trusts

Planned gifts may offer many advantages to help you to meet your legacy goals, and help
CHRIS Kids in its long-term financial planning. They can also provide special opportunities
that enable us to strengthen and improve our outcomes. CHRIS Kids is pleased to work with you and your financial or tax advisor to establish the planned gift(s) that are most appropriate for you to achieve your financial planning goals. Our communication with you about planned giving is strictly confidential and without obligation to you.

Stock

Gifts of long-term appreciated stock, and mutual funds offer an easy and tax-efficient
way to make a lasting contribution to CHRIS Kids. Your gift will help to sustain the mission
of CHRIS Kids while avoiding capital gain tax and reducing federal income tax. In
general, when a person sells an appreciated asset, he or she must recognize capital
gain on the sale of such property.

A Bequest in Your Will

One of the simplest ways to provide an enduring gift of support to CHRIS Kids is
through your Will or Revocable Living Trust. By including CHRIS Kids in your estate
plans, you can specify that some or all of your assets come to us after your lifetime.
At that time, the asset(s) you specify will pass to us, and your estate can take a
charitable deduction for the amount of your bequest, reducing the estate taxes payable.

Life Insurance Policy

You can name CHRIS Kids as primary beneficiary of your life insurance policy or as
contingent beneficiary, should your other beneficiaries not survive you. After your lifetime,
the benefits from your policy would pass to CHRIS Kids free of federal estate
tax.

401(k) Plan or IRA 

By naming a charitable organization as beneficiary of your retirement plan, you may
save your beneficiaries money in federal taxes on many levels. First, designating
CHRIS Kids as the beneficiary will remove the value of the retirement assets from
your gross taxable estate. Additionally, because contributions to your retirement plan
were (taxes paid on the incremental appreciation in value over the years, a noncharitable
beneficiary will be subject to federal and usually state income taxes upon
receipt. However, since CHRIS Kids is a nonprofit and is exempt from taxes, it is not
required to remit any portion of the distributions to the Internal Revenue Service.

Charitable Trusts

Please review our Planned Giving Guide for more information.