Legacy Gifts

Yes, you can save on your taxes while helping save Michigan history!

In addition to taking advantage of the income tax charitable deduction through direct gifts, you can save on estate and gift taxation via planned giving.

Here’s how …

  • Bequest: make a gift of money or property via your will or trust.
  • Life-income gift: make a gift and receive income for life along with generous tax benefits. Options include: Charitable Gift Annuity; Charitable Remainder Trust; Give It Twice Trust.
  • Securities: make a gift of stocks, bonds, or mutual funds and receive a deduction for the current market value, rather than the cost or purchase price of the instrument, and avoid tax on the capital gain. Or donate an investment that has lost value to offset the taxable gain from a sale of an appreciated asset.
  • Life insurance: name the Foundation as an owner or beneficiary of a policy. You can deduct the cash value of a policy at the time of donation.

Interested? Want to learn more? Contact us by clicking here.