Home gift What donors need to know About planned giving

What donors need to know About planned giving

by Abbey
Planned Giving
Planned Giving

A Planned giving can also be referred to as gift planning, it simple involves giving through life income gifts, such as a charitable gift annuity, deferred gift annuity, charitable remainder trust, and a gift to a pooled income fund.

Planned gifts are referred to as such because they require more planning, negotiation and counsel than many other gifts. Planned gifts can result in immediate income, income to charity over time or serve to delay a gift for life or other period of time while the donor or others retain income and/or access to the assets used to fund the gift. Because of the current or future charitable benefits, a number of state and/or federal income tax, capital gains, estate and gift benefits are associated with giving in this way.

In addition, planned giving involves gifts of non-cash assets, such as securities, real estate, tangible personal property, and gifts by will or trust. Planned giving officers also prepare fund descriptions (gift agreements) for endowed funds and often have degrees in law, financial planning, or asset management.

Most planned giving officers work from a centralized development office and work with all departments in the organization. Along with the entire development staff, a planned giving officer raises money for the charity and builds relationships with donors. The planned giving department
identifies, cultivates, and solicits donors who make planned gifts.

Planned gifts include gifts that provide a lifetime income to donors, such as pooled income fund gifts, charitable gift annuities, and charitable remainder trusts; the use of assets other than cash, such as stock or real estate, and tangible personal property, such as art, antiques, and collections; and gifts from your estate, such as bequests. Planned giving officers specialize in handling gifts with tax and estate implications for donors.


Most charities have several development professionals on staff. Their job is to raise money for the charitable institution. Development professionals usually believe in the cause for which they are raising funds and do not want to suggest or accept a gift arrangement that would ultimately reflect poorly on the charity or adversely affect you.

Development professionals can provide a wealth of information about the charity and also suggest gift options that the charity offers. Since their services are free to you, you should work with them closely to gain as much information as possible, comparing their recommendations with those
of your fee-based outside advisor.

Many charities have specialists who advise donors about planned giving and charitable gift planning. These specialists are called planned giving officers, and they usually are very knowledgeable about tax, estate planning, and charitable giving. They should be able to provide you with the information you need to move forward with your charitable gift. They will meet with you and your professional advisors to answer questions and present charitable gift planning options.

Reference and read more:

What is Planned Giving

Income Tax Deduction and gifts taxes
What you need to know about DEFERRED GIFT ANNUITIES and Charitable Income Tax Deduction
Everything You Need To Know About Charitable gift annuities

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