Plan today for your future legacy
There are many options to leave a lasting impact through Habitat, including gifts that cost you nothing now, gifts that make an impact now, gifts that also include financial benefits for you, and more. We can help you plan your personal legacy in a way that’s right for you. Our Development Team can assist you in choosing the gift option that is right for you and answer your questions on gifts donated over time.
IRAs are a popular way to make gifts to Habitat for Humanity of Chester County in two ways: either through an IRA charitable rollover or a beneficiary designation which distributes the balance of the account when you no longer need it. IRA charitable rollovers (also known as Qualified Charitable Distribution or QCD) are a popular and simple way to make a gift.
- Easy to Transfer: At age 70.5 you can transfer up to $100,000 annually directly from your account to a qualified non-profit.
- Meet Your RMD: The distribution counts toward your required minimum (RMD).
- Tax Benefits: You do not pay tax on the distribution.
Will or Trust
Through a will or trust, you can plan for a future gift to Habitat for Humanity of Chester County while also ensuring your loved ones will receive benefits.
Donor-Advised Funds (DAF)
Donor-advised funds are the fastest-growing charitable giving vehicle in the United States because they are one of the easiest and most tax-advantageous ways to give to charity.
A DAF is like a charitable savings account, for the sole purpose of gifting to charitable organizations whose mission you wish to support. When you fund the DAF, you are typically eligible for an immediate income tax deduction, plus possible avoidance of capital gains tax on appreciated assets. Then you get to choose when to gift those funds to a non-profit, like Habitat for Humanity of Chester County with no tax implications.
Charitable Lead Trust
With a charitable lead trust, you can donate to Habitat for Humanity of Chester County and then pass your assets to your heirs at reduced tax rates. You can fund your trust with cash, bonds, stocks, land or other assets.
If you have a life insurance policy that is no longer needed, you can transfer ownership of the policy to support our mission. If you choose to keep your policy but want to make a future gift, you can leverage your policy simply by naming Habitat for Humanity of Chester County as a beneficiary.
Stocks, Bonds, & Mutual Funds
Gifting stocks, bonds or mutual funds, owned for more than a year offers the potential for capital gains tax savings. Your gift and tax deduction equals the fair market value of the stock on the day of the transfer.
Habitat for Humanity of Chester County
1847 E. Lincoln Highway
Coatesville, PA 19320
For more information on Planned Giving, contact Christy Kane at firstname.lastname@example.org or 610-384-7993 ext. 21
We advise you to consult with your tax advisor and lawyer to determine which planned gift strategy is best for you.