Planned Giving: Making a Difference in Your Home Community

Planned Giving: Making a Difference in Your Home Community

Since each of us will leave a legacy after our time on earth is passed, the question becomes what legacy will you leave? For most, our legacy will be left with those we leave behind. However, what about those causes that matter to us most? You can help leave your legacy by continuing to support the causes and organizations you care about after you are gone. The Custer County Foundation can help you with this through our planned giving opportunities. Bequests are ideal for individuals who want a simple way to leave a legacy from their estate; they also may allow a larger gift than was possible during your lifetime.

The beauty of choosing to include the Custer County Foundation in your will is that you can pick from the many options available to designate your funds. You can choose to permanently support one or more of your favorite non-profits; endow your own scholarship fund; or provide support for a special area of concern, such as the arts, the environment, or education through a field-of-interest fund. The choice is completely up to you. Whatever you choose, rest assured that your gift will be used to honor your wishes and that your gift will be managed by the Foundation’s knowledgeable staff.

When considering the many options for a planned gift to the Custer County Foundation, you may find helpful the giving tools discussed below. Thank you for helping the Custer County Foundation live up to our moto of “preserving our heritage, planning our future.”

A gift in Your Will:

A charitable bequest can allow you to support the Custer County Foundation (CCF) in ways you could not during your lifetime. This is simple to arrange so that your gift supports exactly what is most important to you. You can choose to give a stated dollar amount, a percentage of your estate, or a specific property. Making a bequest to the Foundation is easy; you can do it at any age by adding to an existing will or drafting a new one.

How it works:

-Include CCF in your will as a bequest. We can help you or your attorney with recommended language.

-Complete a fund agreement with CCF. You determine the type of fund you would like to establish with your gift. For example, a bequest can be unrestricted or set aside for a specific field of interest.

-Upon your death, CCF uses assets from your estate to fulfill your charitable intent based upon the fund agreement already established.

-Your gift is fully deductible from any estate taxes.

-The Foundation handles all the administrative details and issues grants to charities in the name of the fund you established. (If you prefer, grants can be made anonymously.)

A gift from your Life Insurance or Retirement Plan:

You may name the Custer County Foundation as a beneficiary of your life insurance or retirement plan if the original beneficiary no longer needs the protection. Doing so can avoid both estate and income taxes, provide ongoing support for the community in which you care, and create a permanent legacy in your honor.

How it works:

-Complete a new fund agreement. This will be kept at CCF and you can update it at any point.

-Name CCF as a beneficiary or successor beneficiary of your insurance policy or retirement plan. CCF can help you and your advisors with this process.

-CCF uses your assets to fulfill your charitable intent.

If you are interested in learning more about Planned Giving, please contact the Foundation office at 308-872-2232 or [email protected]

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