Planned Giving is a charitable donation provided during a donor's lifetime but not available until some time in the future. The simplest and most common type of a planned gift to a charity is a bequest in a will.
Other types of planned gifts include gifts of real estate, appreciated assets, charitable remainder trusts, pooled income funds, charitable gift annuities and others. Planned gifts such as charitable remainder trusts, pooled income funds and charitable gift annuities allow donors to give assets without loss of income. In many instances, such gifts may actually increase income. Planned gifts also enable donors to pass assets on to their heirs while supporting Â鶹´«Ã½ University and minimizing or eliminating taxes on those assets.
The general goal of a planned gift to a charity is to allow one to support their heirs (families), avoid excessive taxes and help their favorite charities at the same time.
To discuss planned giving options and how a planned gift might fit your personal and financial objectives, please contact our office.
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Division of Institutional Advancement
400 Magnolia Street Orangeburg, SC 29115
(803) 535-5628
Toll Free: (888) 223-7103
Fax: (803) 535-5371
mhenry@claflin.edu
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The information provided on this website is for informational purposes only and is not intended as legal, tax or investment advice. Please consult your accountant, financial adviser or attorney to assist you in determining which planned giving option is most appropriate given your financial goals and objectives.