Also known as deferred gifts, planned giving refers to charitable gifts you will make to the Boys & Girls Clubs in the future that can offer immediate benefits to you now. When you decide that you would like to generously give to Boys & Girls Clubs of the Midlands and the youth we serve, careful planning can allow you to make the biggest impact while still meeting the personal planning goals you have set for yourself. Here are some of the benefits of planned giving:

• Save money in gift, income and estate taxes.
• Make larger gifts than you thought would be possible.
• Add special meaning to a gift through an honor or memorial.
• Ensure the future of Boys & Girls Clubs of the Midlands by giving to the endowment

The options for making a planned gift are many, including but not limited to: trusts, annuities, retirement plan assets.  Please click the following for information on annuities, retirement plans and trusts. Basic information is provided below.

Evaluation tools are available to help you select the option that will work best to meet your needs

Click Here to view the Fall 2009 Legacy Planned Giving Newsletter from Boys & Girls Clubs of America

Annuities

The advantages of planning your future gift to the Boys & Girls Clubs of the Midlands increase when you utilize a strategy that not only generates income for you, but also provides a number of other attractive benefits as well.

The Gift Annuity is a great example of how you can generate income for yourself, while generously contributing needed resources to the Boys & Girls Clubs. This contract between you the donor, and the Boys & Girls Clubs, is part gift and part annuity. You not only receive your annuity payment (part of which may be tax free), but also a charitable income tax deduction as a result of this giving option.

In Giving You Receive

The Charitable Gift Annuity (CGA for short) is a planning tool that, at its heart, recognizes the fact that the rewards of giving begin with the desire to make a gift.

The Gift Annuity marks this decision with two things: the transfer of an asset from the donor to charity and the signing of a contract in which the charity agrees to make annual payments to the donor(s) for life.

In addition to the satisfaction inherent in the act of giving, the CGA adds a tangible benefit in the form of an attractive annual income payment. The specific rate is based on the age of the donor.

Deferred Charitable Gift Annuities are similar to gift annuities in that this type of annuity offers current tax benefits but defers or delays the payout until you or a designated loved one reaches retirement age. In exchange for delaying your payments, typically you receive a higher interest rate that is dependent on your age and the span of the deferral period.

If you would like to discuss annuity options in greater detail, please contact Chief Development Officer, Laura Schabloske.

Email: development@bgcomaha.org

Phone: (402) 342-1600 ext. 3010

Trusts

Meeting the goals of your estate planning can take shape through various planned giving tools; trust being one that is often utilized. There are various types of trusts that may fulfill your objectives. Below you will find the basic outline of each type of trust.

Charitable Lead Trust (CLT): Charitable lead trusts (CLT) are often viewed as the opposite of a charitable remainder trust. A donor transfers property to the lead trust, which pays a percentage of the value of the trust assets, usually for a term of years, to the Boys & Girls Clubs of the Midlands. At the end of the trust term, the remaining assets in the trust and any growth it has realized are passed to your heirs. Although there is no income tax deduction when you create a charitable lead trust, your gift or estate tax is greatly discounted and any growth is passed to your heirs gift and estate tax free. It is one of the only transfer devices currently used that can discount the value of the original assets and result in little or no taxes. At the same time, you fulfill your charitable desires.

Check out the latest news related to CLTs: Click Here

Charitable Remainder Unitrust (CRUT): The most popular and flexible type of life income plan is a charitable remainder unitrust (CRUT). Cash, securities, real property, or other assets are transferred into the trust. The trustee manages the trust assets and pays you or others you choose a variable income for life or for a term of years. When the trust terminates, the remaining assets in the trust are transferred to the Boys & Girls Clubs of the Midlands.

Charitable Remainder Annuity Trust (CRAT): A charitable remainder annuity trust (CRAT) is a popular type of life-income plan. Cash, securities, real property, or other assets are transferred into a trust. The trustee manages the trust assets and pays you or others you choose a fixed income for life or for a term of years. When the trust terminates, the remaining assets in the trust are transferred to the Boys & Girls Clubs of the Midlands.

Testamentary Trust: Testamentary trusts are trusts that take effect at your death. Although you may desire to make a substantial gift to the Boys & Girls Clubs of the Midlands, your circumstances may not allow you to complete such a gift until you have provided for your spouse or others. Charitable Remainder Unitrusts, Charitable Remainder Annuity Trusts, Charitable Lead Trusts, Charitable Gift Annuities, and nonqualified trusts can be established by Will or Revocable Living Trust at your death.

For a more detailed explanation of how each vehicle works and for which might best suit your needs, contact your attorney, tax advisor and/or our Chief Development Officer, Laura Schabloske.

Email: development@bgcomaha.org

Phone: (402) 342-1600 ext. 3010

Memorial & Honor Giving

A gift given in honor of someone special is a lasting tribute to the important part he or she plays in your life. Plus, it is a wonderful way to establish a link with the past and promote a vision for the future.

Creating a memorial gift is a very personal decision that you will probably want to discuss with those close to you. We are happy to assist you in formulating a plan that will honor your intentions and help you to realize the maximum advantages from such a gift.

Click Here to download our memorial/honor donation form.

If you have questions related to giving a memorial or honor gift, please contact our Development Assistant, Susan Hager

Upon completion of the memorial & honor giving form, please return via email, fax or USPS to Development Assistant, Susan Hager.

Email: development.assistant@bgcomaha.org
Phone: (402) 342-1600 ext. 3016
Fax: (402) 933-5926

Boys & Girls Clubs of the Midlands
Attn: Susan Hager
2610 Hamilton Street
Omaha, NE 68131

The Heritage Club

How will you be remembered? Etch your legacy in the lasting foundation of the Boys & Girls Clubs of the Midlands with your membership in the Heritage Club. This special group is comprised of generous women and men who have included the Clubs in their wills or estate plans. Those of you who have previously done so, are already members. If you have not joined this meaningful cause, please contact our Development Office so that we may guide you along the path to membership and the beginning of your enduring legacy.

Boys & Girls Clubs of the Midlands understands that your bequest intentions are a very personal matter. For this reason, your Heritage Club membership will remain confidential at your request.

For more information on The Heritage Club click here or contact Chief Development Officer, Laura Schabloske directly.

Email: development@bgcomaha.org

Phone: (402) 342-1600 ext. 3010

Financial Calculators

Calculate your giving plan option. Click on the link to http://www.clubgift.org to calculate your potential gift plan.