Gift planning provides you with a variety of options to support the Chandler Center for the Arts. Because of the variety of tax benefits designed to encourage charitable giving, a planned gift may offer you the flexibility to make a more significant gift that otherwise may not have been possible.
We deeply appreciate your consideration to include The Chandler Center for the Arts in your estate plans. Your support through a planned gift will strengthen the organization and create a lasting legacy for generations to come.
Remember, a well-structured charitable estate gift may provide the following benefits:
- Increase your annual income.
- Receive an immediate income tax deduction.
- Avoid the tax on capital gains of appreciated assets.
- Receive an estate and gift tax deduction.
- Create a lasting legacy for the Chandler Center for the Arts
Whether by will, trust, or life income plan, your charitable estate gift can be structured to provide both financial and philanthropic benefits. For more information about planned giving and including the Chandler Center for the Arts in your estate plans, please contact Center’s Development office at:
480-782-2676 or email Katrina.Pappas@chandleraz.gov
Various Planned Gift Options:
- BEQUESTS: A provision made in your will, where the Center receives cash and/or other assets at the time of your death. Gifts avoid estate tax on the assets given. (Please let us know if you have included the Chandler Center for the Arts in your will. We want to extend a very special invitation to join the Legacy Society!)
- CHARITABLE GIFT ANNUITIES: A legal contract between you and the Center, where you exchange cash, stock or other assets for an agreed upon income for life.
- CHARITABLE REMAINDER TRUSTS: Your gift transfers assets to a trust, which ultimately is distributed to the Center after the death of the last income beneficiary. You (and/or other income beneficiaries) retain a fixed or variable income for life.
- LIFE ESTATE CONTRACTS: An agreement established by you to transfer a deed of real property to the Center while reserving for yourselves or someone else the right to live on or use the property for life.
- CHARITABLE LEAD TRUSTS: Your gift transfers assets to a trust that provides income to the Center for a period of years. At the end of that period, the trust assets revert either to the donor or to someone else the donor designates.
- RETIREMENT PLAN ASSETS: When left to the Center, these assets can escape both estate and income taxation. Gifts form your individual retirement accounts and qualified retirement plans offer distinct tax advantages.
- LIFE INSURANCE POLICIES: You have two options: 1) transfer the ownership of your existing policy to the Center or 2) purchase life insurance and name the Center as the beneficiary and/or owner
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