Assets and Gift Strategies

In an effective estate planning strategy, there are many potential gifting options — both simple and complex — available for you.

Gifting strategies provide you a way to minimize future estate taxes, while helping to ensure that your assets pass to the people and organizations that mean the most to you.

Assets

Retirement Plans

Do you have money saved in an employee retirement plan, IRA or tax-sheltered annuity? Each of these retirement plan assets contains income that has yet to be taxed. Your beneficiaries will owe the income tax at your death, totaling up to 35 percent, which may be reason enough to consider giving your loved ones less heavily taxed assets and leaving your retirement plan assets to charity instead.

Savings Bonds

There's more than one way to turn your savings bonds into a generous donation while reducing the tax liability generated by these secure investments.

Life Insurance

Most of us think of life insurance as protection, especially for our loved ones. But it is also a powerful tool you can use to champion our work far into the future.

Life Insurance Death Benefits

Your need for life insurance changes as time passes, making way for a new opportunity for its use. If you no longer need the coverage to protect your loved ones, consider changing your policy's beneficiary to support our work.

Cash: How to Give It Anytime

Making a donation of cash is as simple as writing a check or authorizing a charge on your credit card. From your standpoint, your contribution is no fuss, no bother. Find out how CentraCare Foundation can put your contribution to work without delay.

Cash: How to Give It After Your Lifetime

Making a donation of cash is as simple as updating your will. From your standpoint, your bequest is no fuss, no bother. Find out how CentraCare Foundation can put your contribution to work without delay.

Securities: How to Give Them Anytime

Stock that has increased in value is one of the most popular assets used for charitable giving, once it has been held for more than one year. Making a gift of securities to us offers you the chance to help our organization while realizing many important benefits for yourself.

Securities: What You Can Give After Your Lifetime

Stock that has increased in value is one of the most popular assets used for charitable giving, once it has been held for more than one year. Making a gift of securities to us offers you the chance to help our organization while realizing many important benefits for yourself.

Real Estate: What You Can Give Now

Your property opens the door to a unique giving opportunity. From townhomes to farmland, many types of real estate assets can be donated to qualified charitable organizations like ours. You'll be helping a good cause, enjoying tax benefits and potentially setting up a lifetime stream of income.

Real Estate: What You Can Give After Your Lifetime

Your property opens the door to a unique giving opportunity. From townhomes to farmland, many types of real estate assets can be donated to qualified charitable organizations like ours. You'll be helping a good cause, enjoying tax benefits and potentially saving money for your heirs.

Endowed Gifts

Discover a powerful way to make a gift to us in your name or in the name of a loved one while realizing tax benefits for your kindness.

Closely Held Stock: How to Give Anytime

A donation of your closely held stock can be a fine way for you to make a sizable charitable contribution while realizing valuable tax benefits.

Closely Held Stock: Give After Your Lifetime

A donation of your closely held stock can be a fine way for you to make a sizable charitable contribution while possibly avoiding capital gains taxes.

Tangible Personal Property

Many items of tangible personal property make suitable charitable gifts. The available tax deduction depends on whether or not the organization that receives the property will use it in a way that is related to its tax-exempt purpose.

Gift Strategies

Beneficiary Designations

Continue supporting our work even after your lifetime by naming us as a beneficiary of your retirement plan, life insurance or insurance annuity assets.

Bequests

Learn how to help others and CentraCare by using one of the most popular and simplest ways to make a gift.

Charitable Gift Annuities

Learn more about how to make a donation and, in turn, receive a fixed annuity payment each year for life.

Charitable IRA Rollover

If you’re 70½ or older, you can make charitable gifts now to CentraCare Foundation using funds from your individual retirement accounts (IRAs) without undesirable tax effects.

Charitable Lead Trusts

Make a donation now while reducing the tax burden for your heirs in the future.

Charitable Remainder Trusts

In the right circumstances, this plan can increase your income, reduce your taxes, unlock appreciated investments, rid you of investment worries and ultimately provide very important support.

Donor Advised Funds

Access the giving power of a private foundation without the expense or complexity.

Endowed Gifts

Discover a powerful way to make a gift to us in your name or in the name of a loved one while realizing tax benefits for your kindness.

Give Your Home, But Live There for Life

Find out how you can make a gift to CentraCare Foundation of a remainder interest in your home, receive sizable tax benefits now and continue living in your home for the rest of your life.

Interested in Learning More About These Assets & Gift Strategies?

Please contact CentraCare Foundation at foundation@centracare.com or 320-240-2810 or 800-835-6652, ext. 52810.