The most frequently made Planned Gift is a bequest. It's easy. Simple language stating your wish to include support for Friends Village can be added when you prepare a new will, or add a codicil to an existing one.

As simple as filling out a form, a beneficiary designation is another easy way to make a Planned Gift to Friends Village. Financial accounts, retirement accounts, and life insurance policies request that you name a beneficiary. You can specify the individuals and charities you want to support and the percentage of the assets you want each beneficiary to receive.

A Charitable Gift Annuity (CGA) provides a fixed lifetime income payment to you as the donor or to one or two other lifetime beneficiaries (annuitants) that you designate. After the death of the annuitant(s), the remainder of the gift is transferred to the Friends Village account at Friends Fiduciary Corporation. There are multiple benefits:

-Charitable tax deduction in the year of the gift.

-Fixed quarterly payments for life.

-A portion of the income is tax free for the life expectancy of the annuitant(s).

-Assurance that Friends Village will benefit from the charitable remainder.

Charitable gifts can be made with cash, but many are made by donating appreciated assets such as stocks. If you sell appreciated securities in order to make a charitable gift, you will owe capital gains tax on the proceeds of the sale. However, if you transfer appreciated securities directly to a charity to make a charitable or planned gift, you (1) can defer and/or avoid the capital gains tax and (2) can take a charitable deduction for all or a portion of the total fair market value of the securities contributed depending on the type of gift. Friends Fiduciary can accept appreciated securities for annual and planned gifts to benefit Friends Village.

There are many options for supporting our mission through legacy giving. A plan can be tailored to meet your financial needs while supporting Friends Village with little or no impact to your current income.