PLANNED GIVING OPTIONS
Many planned giving opportunities are available with KIB.
Every gift left to Keep Indianapolis Beautiful will help us to preserve our city, neighborhoods and greenspaces that we all cherish. Most planned gifts provide substantial tax advantages to the donor, as well as a lasting legacy to Keep Indianapolis Beautiful. Our Development Office can work with you and your financial advisor to create the planned gift that best fits your financial circumstances.
Bequest
A will not only allows you to remember the people who have been important to you throughout your life, it also means you can continue to support your favorite nonprofit like Keep Indianapolis Beautiful. People who support us in their lifetime can choose to carry on giving by leaving a donation in their wills.
Through your will you can give:
- A specific sum of money or specific property.
- A percentage of your total estate.
- All or a percentage of the remainder after all other bequests are satisfied.
If you have already created your will, you can create a simple change, called a codicil, to add Keep Indianapolis Beautiful as your beneficiary.
Retirement Plans
You can name Keep Indianapolis Beautiful as a beneficiary of your qualified retirement plan to receive a designated amount or percentage of assets you wish to be used for charitable purposes. If you are 59 ½ years of age, you may make withdrawals (no early withdrawal penalty) to fund your charitable gifts. If you are at least 70 ½ years, you may direct that your mandatory withdrawal amount be used to make a charitable gift on a tax-free basis.
Life Insurance
You can name Keep Indianapolis Beautiful as a beneficiary in an existing life insurance policy or purchase a new policy and designate KIB as a beneficiary.
Life Income Gifts
These gifts provide a stream of income to you or your designated beneficiary as well as current and future income, capital gains and estate tax benefits.
- Charitable Gift Annuity
- Charitable Remainder Unitrust
- Charitable Remainder Annuity Trust
Charitable Lead Trust
This trust is similar to the Charitable Remainder Trust above, except that the trust income is directed to KIB for a term designated by the donor. At the end of the term, the assets are returned to you or your designated beneficiary.
