Planned Giving
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Making a planned gift is a great way to give to Covenant House California. Planned gifts give you the opportunity to maximize the personal benefits of giving to a worthwhile cause, and at the same time you can minimize your income, estate, capital gains, or gift tax liabilities.
Planned gifts can take many forms. Most often they are in the forms of real estate, stock, life insurance, and retirement plan assets.
When making planned gifts, please make sure that CHC is identified as "Covenant House California."
To find out more information about our Planned Giving opportunities, please contact our Development office at 1-866-COV-DOVE (1-866-268-3683). We look forward to hearing from you.
Some of the types of Planned Giving are:
- Wills or Bequests: You can make an outright gift upon your passing.
- Charitable Remainder Trusts: These trusts high quality administration at no cost to the donor or to the trust. It also provides increased investment flexibility for the donor.
- Gift Annuities: are well-known gift plans that provides fixed and guaranteed income for life in exchange for your gift of cash or stock. The combination of simplicity, affordability, fixed lifetime payments at a high rate, some tax-free income, and a substantial tax deduction make this the most popular gift plan for our donors over aged 70.
- Pooled Income Funds: These gifs can provide immediate income for life for a contribution as affordable as $5,000.
- Charitable Retirement Annuities: provide guaranteed income to you at a very attractive rate beginning in a future year of your choice. It allows you to lock in guaranteed retirement income free from market risk, while taking a deduction this year for a large portion of the value of your contribution and giving our kids a chance for a rewarding life.
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Board Member to Climb Mt.Everest and Raise funds for CHCBoard Member Karl Pettijohn is going to climb Mt. Everest and is using the event to raise funds for CHC.
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