Never Miss a Chance to Do the Most Good
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Never Miss a Chance to Do the Most Good
Please enter your name, email and zip code below to sign up!
Thank you for your interest in The Salvation Army. Our hope is to serve you and your family with helpful information. We have an increasing number of friends at Salvation Army who now are benefiting from life income gifts, gift annuities and other plans. Thank you for taking the time to explore the benefits of gift planning.
Wills, Living Trusts & Bequests
Most of us, if given the chance, would like to leave a lasting legacy to show we have made a difference - that we have contributed to an important work or cause that will benefit the lives of others for generations to come. While your legacy will consist of the assets you leave behind, it will be much more than that. Your true legacy will be defined by the values, the hope and the convictions you bestow upon the world.
Your legacy plan will be a permanent reflection of your personal values and your love and concern for your family, your friends and your community.
As you plan for both the present and the future, we are honored that you would consider The Salvation Army as a partner. Every day throughout your community The Salvation Army is creating a better tomorrow by focusing on today's needs. Warm meals. A place to rest. Encouragement. Help. Hope. We pledge to do the most good with your generosity, for those you help today and for the generations you will help in the years to come.
Charitable Gift Annuity
Through The Salvation Army's popular and flexible charitable gift annuity program, it is possible to make a significant gift while meeting your own long-term financial needs, or the needs of a loved one.
A charitable gift annuity is an agreement between you and The Salvation Army. In exchange for your irrevocable gift, The Salvation Army pays a fixed dollar amount during your life and/or the life of a designated loved one. The amount you receive is determined by the size of your gift, your age and the age of your income beneficiary. The income is guaranteed, regardless of market fluctuation. A portion of your gift annuity income will be income tax-free.
Your gift can be arranged to provide income in your retirement years or to provide financial support for a family member or friend. With a charitable gift annuity, you can often increase your spendable income, reduce your taxes, and make a gift that will have a substantial impact. You benefit now and The Salvation Army benefits later - after you have enjoyed all of your financial and tax benefits.
Charitable Remainder Trust
For caring people, decisions regarding estate management can be challenging. Maintaining financial health for one's self, spouse, children, loved ones, and supporting a favorite charity can be a challenging task. However, there is a way to make your assets work for you, your family and others.
One method of making a gift with a retained right to income is a charitable remainder trust. A charitable remainder trust transfers ownership and management of cash and/or securities to The Salvation Army or another trustee. The Salvation Army or trustee manages the trust and pays income to you for the remainder of your life and/or the life of another beneficiary.
Charitable Remainder Annuity Trust
Typically, this type of charitable remainder trust instructs the trustee to pay a fixed income to the donor (and/or other beneficiaries) each year of life, and to transfer the property to a qualified charitable institution such as ours upon the death of the donor or other designated income beneficiary(ies).
For example, a donor transfers assets worth $300,000 to a charitable remainder trust and directs that an income of $15,000 a year be paid to her as long as she lives. The trustee is to hold and invest the property during the life of the donor and make the required payments to the donor each year out of income or principal. Upon the death of the donor, the trust property will be paid to our institution.
Contact us
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Contact Cary Blanchette to learn more about planned giving options with The Salvation Army. We look forward to working with you. (866) 455-4357 |