Planned Giving At A Glance

Gift Type	Acceptable Assets	Suitable For	Benefit to Donor	Benefit to the U of L	Notes for Donor/Advisor
Cash	Cash	Anyone	Charitable receipt Satisfaction of seeing funds used	Immediately useful
Securities	Publicly traded securities Stocks Bonds Mutual funds	Donors who are invested in the market and can afford to give up the principal and earnings on their investment	Avoidance of tax on capital gain Tax receipt for fair market value Satisfaction of seeing funds used	Immediately useful	The U of L has forms to facilitate transactions
Bequest	Cash Securities Real estate Other Property	Anyone Especially those people with independent family or few heirs	Satisfaction of knowing that a difference will be made in the future Membership in the Fiat Lux Legacy Society	Future gift	Please consult with the U of L, especially if gifts of property or real estate are part of the bequest Certain types of gifts may need the U of L's approval Prior discussion facilitates successful processes
Life Insurance — U of L Named as Owner and Beneficiary	Whole life or term policy	Donors 30 to 60 years old Those who have an older policy they no longer need Donors who want to make larger gifts, but may have modest resources	Tax receipt for cash value and future premium payments Turn pennies into dollars through leveraged gifts Membership in the Fiat Lux Legacy Society	Immediate access to cash Death benefit if policy is retained	Please consult with the U of L prior to ensure smooth process for receipting or other issues
Life Insurance — U of L Named as Beneficiary — Not Owner	Whole life or term policy	Donors who may have charitable intent, but have personal/family needs that may change	Estate receives tax receipt Membership in the Fiat Lux Legacy Society	Death benefit provided beneficiary is not changed during lifetime	Please consult with the U of L prior to ensure smooth process for receipting or other issues
Real estate	Real estate	Donors who may have charitable intent, but have personal/family needs that may change	Estate receives tax receipt Membership in the Fiat Lux Legacy Society	Death benefit provided beneficiary is not changed during lifetime	Please consult with the U of L prior to ensure smooth process for receipting or other issues
Certified Cultural Property (Cultural Review Board)	Art Artifacts Historical Structures	Donors who desire to preserve their valuable items for future generations	Tax receipt based on certified appraisal 100 per cent contribution limit No tax on capital gain	Immediately added to art collection or archives	Please consult with the U of L, as certain types of gifts may need the U of L's approval before acceptance
Other Gift-In-Kind	Any tangible property that can be readily accepted and used for the U of L's purposes	Donors with property they no longer need	Tax receipt based on appraisal Satisfaction of seeing gift at work	Can be retained or sold for immediate use	Please consult with the U of L, as certain types of gifts may need the U of L's approval before acceptance
Interest-Free Loan	Cash	Donors who have an adequate income, but want to retain principal for possible use in the future	Principal revocable at anytime (often predetermined) Interest on loan is non-taxable to the donor	Capital for building or investment without interest costs	Please consult with the U of L prior to discuss relevant needs
Charitable Gift Annuity (Re-insured)	Cash Securities	Donors over the age of 65 who need or want secure income for life or a term	Income often may be tax free Tax receipt for portion of gift Membership in the Fiat Lux Legacy Society	Irrevocable gift (portion available after buying annuity)	Please consult with the U of L for gathering quotes and providing receipts
Gift of Residual Interest	Principle residence Other property Real estate Art	Donors over the age of 70 who might otherwise give the gift through bequest	Tax receipt for present value of residual interest Donor continues to use property for life or a term Possible tax avoidance on gain Not subject to probate Membership in the Fiat Lux Legacy Society	Irrevocable future gift of property Not subject to probate	Please consult with the U of L for receipting and other issues
Charitable Remainder Trust	Cash Securities Real estate	Donors over the age of 70 who want to make a future gift Donors who want a tax receipt now Donors who want investment income	Immediate tax receipt for present value of remainder interest Avoidance of tax on portion or all of capital gains (depending on circumstance) Membership in the Fiat Lux Legacy Society	Irrevocable future gift of principal remaining	Complex gift with special tax and legal considerations Consult with the U of L, as well as legal and tax advisors
Registered Retirement Savings Plan (RRSP) / Registered Retired Income Funds (RRIF)	RRSP RRIF	Donors with RRSP or RRIF Donors with independent children or no children Especially suited to a surviving spouse	Satisfaction of knowing that a difference will be made in the future Membership in the Fiat Lux Legacy Society Can directly designate the U of L as a beneficiary Not subject to probate Estate receives tax receipt	Can receive a potential substantial gift in the future	Donors can leave other lesser taxed assets to their heirs

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