Planned Giving: An Overview

“No act of kindness, however small, is wasted.” -Aesop

A la Carte Giving: Immediate Gift

A current and unrestricted gift is a donation that can be used immediately by DRC-NH to address any pressing or discretionary needs facing our organization.  This gift can take various forms:

• Securities or Real Estate: Donating securities or real estate may provide you with certain income tax deductions to offset income tax liability in the year in which the gift is made, as well as certain successive years.

• Charitable Lead Trust: Creating and funding this type of Irrevocable Trust provides DRC-NH with a stream of income generated by the Trust for a specific duration, such as a set number of years. Once the defined term of years has ended, the assets remaining in the Trust would be distributed to (or held in further trusts for) persons of your choice who are named as successor beneficiaries.

Deferred Gifts

A deferred gift is a donation you plan for now but which will not take effect until a later date.  Deferred gifts may include:

• Specific bequests of property, funds, or a percentage of your estate under a Last Will and Testament or a Revocable or Irrevocable Trust.
• Naming DRC-NH as a designated beneficiary under a life insurance policy or retirement account.
• Donating your home, but retaining the ability (right) to live in the home during your lifetime.  The home would be distributed to DRC-NH upon your death.

Lifetime Income Gifts

This type of giving enables you (or a designated loved one) to receive income for life, while still providing a generous donation to DRC-NH upon your death.  Lifetime income gifts might take the following forms:

• Charitable Gift Annuity: You can benefit DRC-NH by transferring an asset, like securities or cash, in exchange for DRC-NH’s agreement to pay you (or another person of your choice) a fixed amount of income for an agreed-upon period of time, or even for life.  This arrangement is considered a contract between you and DRC-NH, and is not a Trust. Upon the death of the designated lifetime beneficiary, DRC-NH would receive the income and principal benefit of the asset.
• Charitable Remainder Trust: This is a specific type of Irrevocable Trust that allows you or other designated individuals of your choice, as named beneficiaries, to receive income during life that is generated off the property or money gifted by you to the Trust. After a specific period of time defined under the agreement, the Trust itself would terminate and DRC-NH would receive the assets remaining in the Trust.