Planned gifts include many types offering you the ability to leave a lasting legacy while helping others, and also offer you a charitable
tax benefit.Some examples of common giving options are : Endowment Funds, Donor Advised Funds, Wills& Bequests and Life Insurance. Each offers different benefits and tax advantages which allow you to maximize your giving potential based on how you choose partner with us.
Endowment Fund
An Endowment is a perpetual fund with a “principal” which remains intact in perpetuity, while the interest generated helps fund long term needs of the Foundation. Endowments offer a solid base of funds that will be available now and in the future. You may give to our existing endowment with a cash, stock gift or a bequest in your will. Endowment funds provide a “forever giving” funding source to the mission or operations of Mountainland Foundation, while offering you the charitable tax benefits.
Contact is for more information at: 801-229-3847 or slyon@mountainland.org
Donor Advised Funds
A donor advised fund is a charitable fund commonly used by a community foundation or by financial planners for donors who want to distribute funds to designated charities, such as the Mountainland Foundation. You can open a Donor Advised Fund with as little as $5,000. This then gives you the charitable deduction and the right to designate that grants be made from your fund to the Mountainland Foundation.
Benefits:
- Contribute anytime to your fund, which are invested, and then provides a regular accounting to you.
- Recommend which qualified charitable organizations receive distributions.
- Receive an income tax charitable deduction for gifts to your donor advised fund
Contact us for information on information at: 801-229-3847 or slyon@mountainland.org
Charitable Bequests
A “charitable bequest” is a gift that you leave to charity from your estate through a will or a revocable living trust. Most people leave an estate when they pass away. Even though you may not have a great deal of wealth, you can still leave a legacy. Anyone even with a small estate can arrange to leave a legacy with any size charitable bequest and seek estate tax relief.
Anyone can leave a charitable bequest no matter how big or small in support of the Mountainland Foundation’s charitable purposes in the future. You can make your gift in relative proportion to bequests to family and friends, this type of gift has universal appeal.
Advantages to Charitable Bequests:
- You want to support Mountainland Foundation after your lifetime.
- You have a will or living trust, or are ready to create one.
- You are young or old, wealthy or middle class.
- You want to make a charitable gift while ensuring family is taken care of first.
- You want to maintain the flexibility to change your mind at any time.
- You want estate tax relief.
Contact us today at 801.229.3847 or slyon@mountainland.org to discuss any questions you have about naming the Mountainland Foundation in your Will or Living Trust. If you do not have a Will or Trust we are able to recommend many qualified legal representatives to assist you.
Life Insurance
Giving Life Insurance to the Mountainland Foundation may allow you to make a larger gift than you otherwise could afford. Further, tax law changes encourages charitable giving by providing advantages for these types of donations. This means that both you and the Foundation benefit from your donation. But there are many ways of structuring a charitable gift involving life insurance, and one alternative may better suit your needs—and those of the charity—than others
There are three main ways you can give life insurance to charity:
- Name the charity as the beneficiary of proceeds
- Name the charity as recipient of dividends
- Donate an existing or new life insurance policy to charity
Contact us today at 801.229.3847 or slyon@mountainland.org to discuss any questions you have about naming the Mountainland Foundation as beneficiary in your Life Insurance.