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How to make a gift or donation. |
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Many
endowment gifts are in the form of assets either given
currently or distributed as part of an estate plan. There
are also deferred gift options, which will provide you with
income during your lifetime. The following explains these
and other options in more detail. |
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Appreciated Property |
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You may
wish to give assets which have appreciated in value over the
years, such as securities, real estate, collectibles, etc.
These may include stocks, bonds, a home, a farm, or cabin,
antiques, art, books, etc. The assets could be left in trust
with the Knights of Columbus 745 for the benefit of the
Endowment Fund. |
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Charitable Remainder Trusts |
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Appreciated property such as securities or cash is
transferred to a trust designated to the Knights of Columbus
745 for the benefit of Endowment Fund. During your lifetime,
you choose a rate of return or a fixed dollar amount to be
received as income to you. You may also designate one
beneficiary to continue to receive this income. Upon death,
the remaining assets in the trust benefit the Knights of
Columbus 745 Endowment Fund. |
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Charitable Gift Annuities |
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This
option is similar to a charitable remainder trust, but
relies on a contract instead of a trust and your receive a
fixed percentage of your original gift as income for life.
The assets are left in trust with the Knights of Columbus
745 Endowment Fund. |
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Life
Insurance Gifts |
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You may
wish to name the Knights of Columbus 745 as the owner and
sole beneficiary of a new or existing life insurance policy
for the benefit of the Endowment Fund. |
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Life
Estate Gifts |
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A life
estate gift is similar to a gift of an appreciated
residence, except that you continue to live in the home,
farm, or vacation home during a specific period (usually
your lifetime). The Knights of Columbus 745 is named the
owner with the benefits going to the Endowment Fund. |
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Cash
Gifts |
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This is
one of the most standard and familiar ways to give. Simply
write a check to: Knights of Columbus 745 Endowment Fund.
Your contribution will be deposited directly into this
Endowment Fund. |
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The
Knights of Columbus objective is Charity, Unity, Fraternity
and Patriotism. Any contribution to assist the Knights
of Columbus achieve there goals in providing good works is
greatly appreciated by all. |
