Your act of generosity, our longevity.
With gift planning, you can provide long-lasting support for our organization while enjoying financial benefits for yourself.
Leading for the Future
Luke and Cynthia spent many years volunteering and supporting Boys Home. They were so impressed with what they saw that they wanted to give back in a significant way. At the same time, they were looking for a way to best care for their family in the future.
We heard that now is the best time in years to set up a charitable lead
trust. We could fund the trust with cash or stock and the trust would pay
income to Boys Home for a number of years, with the rest of the trust value
going to our children in the future.
Cynthia: We liked the fact that our children would be well cared for and that we could see the result now of our gifts to Boys Home.
Luke and Cynthia were also pleased to learn that taxes on the gift to their children would be significantly reduced by the added benefit of a gift tax charitable deduction. After the income was paid to our organization, the remaining trust value would go to their family with very little tax owed, a tremendous savings.
Luke: Cynthia and I found that by using a charitable lead trust we would be able to see the good we were doing for the boys during our lifetimes, while at the same time we accomplished our goal of helping our children in the future.*Please note: The names and image above are representative of a typical donor and may or may not be an actual donor to our organization.