PLANNED GIVINGMajor gifts and deferred giving
THE PLANNED GIVING PROGRAM
The Planned Giving Program is a way to help strengthen the Camas-Washougal Community Chest and assure that the CWCC can continue to assist local nonprofits that provide services and programs to thousands of individuals every year. Planned giving gifts can assist both current programs and provide support for the future.
Gifts can be made during the donor’s lifetime that provide immediate tax benefits to the donor and increase support for community programs and services. Appreciated gifts (publicly traded stocks and bonds and real estate) provide both an immediate benefit for the gift and eliminate paying a tax on the capital gain. An IRA required minimum distribution can also be used to gift the CWCC and obtain a tax benefit.
Gifts can also be made through estate plans such as wills, trusts, life insurance, real estate, and brokerage accounts. These gifts enable donors to have the assets available during their lifetime and provide the gift at the end of life. Properly designed documents transfer the gift to the CWCC and avoid estate taxes.
Gifts can be designated for the General Fund (current programs and expenses), the Endowment Fund (future programs and expenses) or a combination of both.
We have provided several documents that explain the CWCC Planned Giving Program and procedures for making planned gifts to the CWCC. If you have specific questions or desire more information, contact:
Dave Pinkernell Director, CWCC Planned Giving Program
Camas Washougal Community Chest
PO Box 960 Camas, WA 98607
Phone: (360) 823-8325
PLANNED GIVING – LOOKING TO THE FUTURE
Planned giving can create a lasting legacy by planning for gifts usually larger than those given to the CWCC for its annual campaign. It’s a way to help local people through nonprofit programs and to help assure this assistance can be continued in the future. LEARN MORE
SAMPLE LANGUAGE FOR BEQUESTS
Sample language for wills, trusts, brokerage accounts and life insurance.LEARN MORE
SAMPLE CODICIL FORM
A codicil is an amendment to a will. You should always consult your legal advisor or an attorney for a specific gift. DOWNLOAD FORM
SECURITY TRANSFER INSTRUCTION LETTER
Sample letter for transferring stocks from a brokerage firm to the CWCC. DOWNLOAD LETTER
SECURITY TRANSFER INSTRUCTIONS
Form to be enclosed with Security Transfer Instruction Letter. DOWNLOAD INSTRUCTIONS
INSURANCE TRANSFER PROCEDURES
Procedures for gifting insurance to the CWCC. LEARN MORE
IRA REQUIRED MINIMUM DISTRIBUTION PROCEDURES
Procedures for gifting the annual IRA required minimum distribution to the CWCC. For those affected by Required Minimum Distributions (RMDs). LEARN MORE
Federal law and IRS rulings change from time to time. Please talk with your tax professional for details about your particular situation.
CAMAS-WASHOUGAL COMMUNITY CHEST LEGACY SOCIETY
Description and purposes of the CWCC Legacy Society. Membership requirements are included. LEARN MORE