Planned Giving approaches philanthropy as an integral part of financial and estate planning.
Planned giving enables philanthropy by placing the desire to give within a time frame for decision. Tax-saving advantages realized through planned giving can actually increase charitable capital.
A planned giving program helps you to assess your capacity for giving and to evaluate options regarding the timing, mode, and purpose of your contribution. Deferred gift plans allow you to make gift decisions now for future disbursement, while retaining a lifetime interest in your assets. The Legacy program includes gifts of current assets as well as bequests, trusts, and annuities.
Who should consider the Legacy planned giving program? If you share SABA’s commitment to the advancement of behavior analysis, your Legacy gift will help generate funding to sustain research, develop applications, and support the education of promising students around the world. While securing the future of behavior analysis, your planned gift also yields additional benefits, including: Personal satisfaction in giving, reduced tax liabilities, more disposable income for current needs, provision for future needs, and protected principal.
Legacy contributions can take many forms. Depending on your situation, you may wish to contribute current assets, such as cash, appreciated securities, or real estate, to SABA or include SABA among the recipients of your estate through bequests or beneficiary payments. You may also consider legal arrangements, such as trusts and annuities, which allow you to commit assets to SABA while retaining a life interest in those same resources.
How to begin? A planned giving program is best developed as part of a complete financial plan that accommodates your current and future needs, as well as the generous provisions you would like to make for others. The contents of this page are intended for illustration purposes only. You should always consult your personal tax advisor to determine the tax implications of a donation and the appropriate charitable gift strategy for you. Deferred gift plans are governed by federal and state laws and may require legal assistance.
Contact Dr. Maria Malott, Secretary/Treasurer of SABA, at (269) 492-9312 for more information about planned giving opportunities included in the legacy program.