Planned Giving: A Legacy of Support
A Planned Gift refers to a charitable donation strategy that is designed to help everyone involved -- a nonprofit organization, donors, and donors' heirs. It is designed to minimize both federal and state income and inheritance taxes, and possibly provide regular income payments to donors and/or their heirs. The payments may be made for a term of years before the assets actually transfer to the charity. These payments come from the interest and growth of the donated assets as they are invested.
Possible benefits to the donor of a planned gift are an income tax deduction in the year of the gift, a reduction in potential estate taxes and potential income. Bequests, life insurance, trusts and annuities are examples of planned gifts. See links below for more Planned Gift information.
When Interlochen is given notification and a copy of the will, codicil, trust agreement or life insurance policy, the donor can be enrolled as a member of Interlochen's Heritage Society. Click Heritage Society to learn more about this group.
Call 231.276.7623 or email Advancement@interlochen.org for more information, or see below for links to online resources.
More information:
What is Planned Giving?
Learn about a technique that helps you maximize the personal benefits of your charitable giving, and allows you to make a gift you might not have thought possible.
Creative Options for Giving
Learn about a number of creative giving strategies through which you can support Interlochen and meet your own financial tax and estate planning objectives.
Interlochen's Heritage Society
Learn about the Heritage Society, Interlochen Center for the Arts' prestigious recognition society for individuals who have provided for Interlochen in their estate planning.
Sample Bequest Language
Learn about Bequests and how you can add the proper, legal wording in your will to ensure your wishes are carried out.
Planned Giving FAQs
Answers to frequently asked questions regarding planned giving.
Request additional information: Call 231.276.7623 or email Advancement@interlochen.org .
