Planned Giving
Discover the Power of Planned Giving with the Colorado Women’s Education Foundation
If you're looking for a way to make a lasting impact on the future of women's education, the Colorado Women's Education Foundation (CWEF) has an opportunity that may be perfect for you. CWEF's Planned Giving Program is designed to help people who want to make a gift to the Foundation through estate planning. By using a variety of planned giving strategies, you can maximize the personal benefits of charitable giving while supporting the important work of CWEF.
Lifetime Gifts: A Rewarding Way to Give Back
One of the most fulfilling ways to make a contribution to CWEF is through lifetime gifting. Direct donations of highly appreciated assets such as stock, real estate, jewelry, and collectibles are some of the best lifetime gifts you can make. When you donate these assets to CWEF directly, you benefit by eliminating substantial taxes on the gain while obtaining a charitable tax deduction for the fair market value of the asset. In addition, you'll successfully remove any future appreciation from your taxable estate without transfer costs.
Bequests: Continuing Your Generosity Beyond Your Lifetime
Making a charitable bequest in your will is one of the easiest and most direct ways to continue your lifetime generosity. A bequest requires only a statement of an outright gift in your will, which will reduce the value of your estate and corresponding estate taxes. If you have a small gift or cash, an outright gift is ideal. For larger gifts, consider our lifetime gift strategies.
Beneficiary Designations: Supporting CWEF's Mission Beyond Your Lifetime
Naming CWEF as a beneficiary of your life insurance, annuity, brokerage account, or retirement plan is a powerful way to demonstrate your support of CWEF's mission beyond your lifetime. Making CWEF the beneficiary of your retirement account may be more beneficial than any other account designation due to potential double tax savings. This double tax benefit can save taxes that may otherwise eat up a substantial portion of your retirement account.
Charitable Trusts: Providing Support for CWEF
Establishing a form of charitable trust is a means of providing CWEF with much-needed support while also helping to increase your income, unlock the potential of illiquid or appreciated assets, reduce taxes (income, gift, and estate), reduce or eliminate investment concerns, and still provide for yourself and/or your heirs. There are many types of charitable trusts, including the charitable lead trust and the charitable remainder trust.
Memorials and Endowments: Honoring Loved Ones and Providing a Legacy
Discover a powerful way to make a gift to CWEF in your name or in the name of a loved one while realizing tax benefits for your kindness and providing a legacy for many generations to come. Designate your personal wishes in your will to be fulfilled at your passing. When a loved one passes, request donations to CWEF in lieu of flowers or gifts. Honor their memory by raising a memorial fund in their honor. Further expand your contribution by encouraging friends, family, and coworkers to make a gift in your honor or a loved one's honor.
Planned Giving is a powerful philanthropic tool that can help maximize the personal benefits of charitable giving while providing much-needed support for the Colorado Women's Education Foundation. Remember, planned giving is a thoughtful way to leave a lasting impact on causes that you care about. These are just a few charitable strategies to consider, and there may be different levels of benefits to each of these planned giving strategies. It is important to consult with your financial planner, estate-planning attorney, and/or tax advisor for assistance in determining the best strategy for your family. If you would like more information about Planned Giving & Bequests, feel free to contact CWEF at office@cwef.org. We would be happy to provide you with more information and answer any questions you may have.