Planned Giving is a deliberate and effective way for individuals to support charitable organizations and causes they care about they care about before they pass away. It involves making future contributions, often extending beyond their lifetime, including various methods such as bequests in wills, charitable trusts, and life insurance policies. This approach allows donors to leave a lasting legacy while also providing them with tax benefits and ensuring ongoing support for the causes they want to support.
Creative and Tax-Saving Measures to Support Blue Lake Fine Arts Camp:
A charitable gift annuity lets you give to Blue Lake while receiving fixed payments for life. If you are 70 1/2 or older, you may also be eligible to use an IRA distribution to fund a charitable gift annuity.
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By making your will or trust including a gift of any size, you help ensure the future of quality arts education continues to thrive at Blue Lake for generations to come!
Blue Lake is a proud partner with FreeWill—an easy, secure way to create or update your will or trust online, completely free. In just 20 minutes, you can document your wishes, and if you choose, include a lasting gift to Blue Lake. Visit freewill.com/bluelake to get started today.
If you’ve already included a gift to Blue Lake in your will, please visit freewill.com/record/bluelake so we can thank you!
A gift of stock may provide more benefits than a cash gift. When you gift stock to Blue Lake Fine Arts Camp, by eliminating the capital gains tax that would be due upon selling the stock, you receive tangible tax savings and benefits while also supporting the humanitarian mission. A gift of stock may be right for you!
Qualified Charitable Donations (QCDs), also known as IRA Charitable Rollovers, are the savviest way for individuals ages 70 1/2 and older to use their IRAs to maximize their charitable impact.
For more information, please get in touch with Andy Lofgren, Vice President of Finance & Development, at alofgren@bluelake.org. He would be pleased to provide you, your attorney, accountant, or tax advisor with additional information and assistance.
Keep in mind that this information is general by nature. You should contact your professional tax advisor to learn how it relates to your circumstances. You can find information by visiting www.bluelake.org/give.
Thank you for considering Planned Giving as a way to support
Blue Lake Fine Arts Camp.
