Ways to Give for the Future (Planned Gifts)

Tree of Life Legacy Society

Continue the tradition begun in 1965 by Providence Speech and Hearing Center founder, Dr. Margaret Anne Inman. She cared enough about economically disadvantaged children to take action. That action opened a lifetime of possibilities for children with speech and hearing disorders. She saw what could be built when people cared enough to eliminate this inequity. Her vision will continue for generations to come with your planned gift to Providence.    

The Tree of Life Legacy Society was established to honor and thank our friends who have included Providence in their estate plans. These exceptional individuals have created a meaningful legacy for future generations needing speech or hearing services to make a lifetime difference. You can become a member of the Legacy Society by letting Providence know you are doing one of the following:

  • Naming Providence to receive a bequest in your will;
  • Making a contribution for which you have lifetime income;
  • Making a contribution to Providence for a number of years,
    after which the assets return to your family;
  • Making a contribution of your residence or other real estate property;
  • Making a contribution of retirement accounts
  • Contributing life insurance; and/or
  • Utilizing any other planned giving instrument of your choice

In addition to the prestige that is associated with being a member of the Tree of Life Legacy Society, members receive many special benefits like:

  • An exclusive annual luncheon event in your honor
  • Inclusion on the Tree of Life Legacy wall at Providence
  • Recognition at all donor events
  • Recognition in The Voice newsletter and yearly annual report
  • A beautiful Tree of Life Legacy pin to show your affiliation with PSHC

If you have remembered Providence in your estate plans and are not a member of the Tree of Life Legacy Society, please let us know so we can extend an invitation to you to become a part of this very special group and allow us to say thank you!  Your generosity will assure the organization’s future is secure. 

Have you considered making a planned gift to Providence but you’re just not sure what type of gift to make? We would welcome the opportunity to work with you and your estate planning professional to create the best plan for your personal situation. 

For further information or questions about joining the Tree of Life Legacy Society, please call Linda Smith, Chief Executive Officer at (714) 923-1528 or lsmith@pshc.org.

 

Glossary of Planned Giving Instruments

Charitable IRA Rollover – Make a charitable gift from your individual retirement accounts (IRAs) without undesirable tax effects.

Retirement Plan Assets – This is money saved in an IRA, an employee retirement plan, or a tax-sheltered annuity that contains income yet to be taxed.  Your beneficiaries will owe the income tax at your death, totaling up to 35 percent, which may be reason enough to consider giving your loved ones less heavily taxed assets and leaving your retirement plan assets to charity.

Life Insurance – Most of us think of life insurance as protection, especially for our loved ones. But it is also a powerful tool you can use to champion our work far into the future. 

 

More Ways to Give

 

With careful estate planning, federal taxes and income taxes can be avoided or reduced. Work with your estate attorney and Providence to look at all options.   

Did you know? If your children are the beneficiaries of your IRAs and other retirement plan assets, federal income taxes may erode up to 35 percent of the amount they receive.

Did you know?  The benefits of life insurance left to an individual can be subject to estate taxes, but when you change the beneficiary to a charitable entity such as Providence, the benefits are tax-free.

Charitable Gift Annuity – In exchange for your gift to Providence, you or 1 to 2 other annuitants receive a fixed sum each year for life. 

Deferred Gift Annuity – In exchange for your gift to Providence, you or 1 to 2 other annuitants receive a fixed sum each year for life starting at the date of first pay-out.

Charitable Lead Unitrust – Your unitrust pays a fixed percentage of its value, determined each year, to Providence for a term of years or one or more lifetimes. The accumulated assets then go back to you or others you name. 

Charitable Lead Trust – Your trust pays a fixed dollar amount each year to Providence for a term of years or one or more lifetimes. The accumulated assets then go back to you or others you name. 

Charitable Remainder Unitrust – Your unitrust pays a fixed percentage of its value, determined each year, to you or others you name for life or a term of years. The remaining assets then go to Providence. 

Charitable Remainder Annuity Trust – Your trust pays a fixed dollar amount each year to you or others you name for life or a term of years. The remaining assets then go to Providence. 

Pooled Income Fund – Your gift is pooled in a fund with gifts from other donors. You or others you name receive your gift’s share of the income the fund earns each year for life. Your gift’s share of the fund then goes to Providence.

Retained Life Estate – You deed your home or farm to Providence but retain the right to live in it for the rest of your life, a term of years, or a combination of the two. 

 
 
Make an impact. Donate today.

Orange County United Way Code 4074 | Federal Tax ID #95-6154473
Copyright © PSHC   All rights reserved.