Planned and Deferred Legacy Giving

by Jul 15, 2020Blog0 comments

Planned giving is also referred to as gift planning* or legacy giving. It enables philanthropic individuals to make larger gifts to charitable organizations than they could make from ordinary income.

Some planned gifts provide life-long income to donor. Other gift plans use estate and tax planning to provide for charity and heirs in ways that maximize the gift and/or minimize its impact on the donor’s estate.

Thus, by definition, a planned gift is any major gift, made in lifetime or at death as part of a donor’s overall financial and/or estate planning. These include gifts of equity, life insurance, real estate, personal property, or cash.

By contrast, gifts to the annual fund or for membership dues are made from a donor’s discretionary income, and while they may be budgeted for, they are not planned.

Whether a donor uses cash, appreciated securities/stock, real estate, artwork, partnership interests, personal property, life insurance, a retirement plan, etc., the benefits of funding a planned gift can make this type of charitable giving very attractive to both donor and charity.

Gifts that anyone can make: 

  • Wills and Bequests (Codicils)
  • Donor Advised Funds (DAF)
  • Gifts of Stock or Securities
  • Gifts of Life Insurance
  • Gifts of Real Estate
  • Gifts of Personal Property

Gifts that provide income:

  • Charitable Gift Annuities
  • Deferred Gift Annuities
  • Charitable Remainder Trusts
  • Charitable Remainder Unitrust

If you are interested in making a gift through Planned or Legacy Giving or have any questions about this área, feel free to contact Martha Quiroga at 210 828 2224 x268 or Keith Hitt at 210 828 2224 x292.  You can also email us at and again, we thank you for your ongoing support and generosity.


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