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Legacy Gift

Planned Giving

Estate Planning

The Facts

According to an independent study by the University of Michigan, For Every $1 Invested In Boys & Girls Clubs Creates $9.60 ROI To The Local Community.

GuideStar Platinum Designation (Highest Designation)

Charity Navigator 4 Star (Highest Designation)

Tax ID #59-1566799  

Planned Giving

PLANNED GIVING

A Planned Gift provides vital support for our organization as well as immediate or deferred tax benefits for you and your family. Every dollar invested in Boys & Girls Clubs returns $9.60 in economic benefits to individuals and society, so your contribution has the potential to influence the well-being of others far into the future. From Bequests to IRA Rollovers to Estate Planning, we can help you decide on the best form of giving with long term impact.

Bequests

BEQUESTS

A Planned Gift provides vital support for our organization as well as immediate or deferred tax benefits for you and your family. Every dollar invested in Boys & Girls Clubs returns $9.60 in economic benefits to individuals and society, so your contribution has the potential to influence the well-being of others far into the future. From Bequests to IRA Rollovers to Estate Planning, we can help you decide on the best form of giving with long term impact.

LIFE INSURANCE

Do you have a life insurance policy that you no longer need now that your children are out of college and on their own? Life insurance is a low-cost, simple way to make a significant planned gift. Simply name Boys & Girls Clubs of the Suncoast a partial, contingent, or full beneficiary, or even the owner of your policy.

Life Insurance
Retirement Assets

RETIREMENT ASSETS

Permanent since 2015, the IRA Charitable Rollover allows you to make annual gifts to Boys & Girls Clubs of the Suncoast (BGCS) for the benefit of your preferred designation within the Boys & Girls Clubs (the “Clubs”) from your IRA this year and well into the future.

REAL ESTATE ASSETS

You can give real estate you own but no longer need or want to manage, like a vacation home, farm, or rental property, either during your lifetime or in the future. Enjoy a tax deduction based on the fair market value and avoid capital gains tax that would arise out of sale of the property.

*The Clubs will assess the real estate for compliance with our acceptance policies and determine if your property is a good fit for our planned giving program.

Real Estate Assets

SECURITIES

Securities with large unrealized profits (long-term capital gains) make great gift options to Boys & Girls Clubs of the Suncoast (BGCS) for the benefit of your preferred designation within the organization (the “Clubs”). The profit on your securities will escape taxation and your charitable deduction will be the full market value of your investment as long as the security has been held for more than one year. Gifts of securities may be deducted up to 30% of your adjusted gross income, with a five-year carryover for excess deductions if you itemize deductions. Remember that BGCS must receive your gift of securities on or before December 31 for it to be deductible this calendar year.

Securities

GIFTS THAT PAY YOU INCOME

Transfer cash or appreciated property to the Clubs and receive fixed income payments for life, receive immediate charitable deduction and avoid capital gains tax on sale of appreciated property. A gift annuity is available through Boys & Girls Clubs of America and requires a minimum gift of $10,000. You must be at least 60 years old.

Charitable Remainder Trusts
Transfer appreciated property to an irrevocable trust and receive an immediate charitable tax deduction, avoid current capital gains taxes on long-term appreciated property and regular payments through your life. Upon death remaining assets in the trust transfer to charity.

Charitable Lead Trusts
Transfer appreciated property to your family for the future through an irrevocable charitable trust. You designate the trust to exist for a specific number of years or until death. Charity receives an annual contribution and at the end of the term or death, the assets will pass on to family or friends as beneficiaries. Careful planning makes it possible to reduce – or eliminate- taxes normally due to transfer of wealth to loved ones.

Gifts That Pay You Income

DONOR ADVISED FUNDS

Recommend a Grant from Your Donor Advised Fund to benefit Boys & Girls Clubs of the Suncoast (BGCS). While BGCS does not sponsor a donor advised fund (“DAF”), it is a qualified nonprofit to receive grants from DAFs. Recommending your DAF provider make a grant to BGCS for the benefit of your preferred designation at Boys & Girls Clubs!

Donor Advised Funds
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