Planned Giving
Planned giving is simply planning to support FAIR long into the future. A planned gift is a long term commitment and a way for you to protect your assets and provide for your family while leaving a legacy to FAIR.
There are six ways you can support FAIR through planned giving.
Charitable Lead Trust
With a charitable lead trust, the principal amount of the gift is invested and an annual payment is made to FAIR for an amount of time specified by you. At the end of the specified time, the principal amount of the gift is returned to the donor or paid to a beneficiary.
Charitable Gift Annuity
A gift annuity means a you provide a gift of cash or other assets to FAIR, FAIR invests the gift and agrees to pay you a fixed income throughout your lifetime. The benefits to you include tax-free income.
Bequests
One of the most popular, and perhaps the easiest, way to make a planned gift is through a bequest in your will. This is the most common form of planned gifts. A bequest is a way to leave your legacy by making a gift in your will to FAIR.
Charitable Remainder Trust
You irrevocably transfer money, securities or other assets to a trust that will then pay you an income for life or for a period of years. If you wish, the trust also can pay an income to another beneficiary of your choice. At the death of the surviving beneficiary, the remaining principal in the trust goes to FAIR.
Gifts of Life Insurance
Gifts of life insurance benefits are a great way to support FAIR. You can name FAIR to receive all or a portion of the proceeds of a life insurance policy.
Retirement Plans
A retirement plan may be an excellent source of funds for making a gift to FAIR. You may consider using retirement-plan benefits to make a gift that will support FAIR and provide a tax benefit to you.
Gifts of Endowment
Endowments are the gifts that keep on giving and are important statements of a commitment to the future of FAIR. By establishing an endowment, your legacy becomes a permanent part of FAIR's future.