Planned Giving

Planned Giving

about Planned gifts:

A planned gift is a way for you to develop a lasting legacy that positively impacts Cedar Valley's youth for years to come. Your planned gift helps ensure future generations will have the programs, resources, and guidance to help them achieve academic success, make healthy life choices, and foster the skills they need to reach their full potential. Our goal is to help you craft your legacy in such a way that it also benefits you and your loved ones. There are several ways you can leave a legacy through planned giving to Boys & Girls Clubs of The Cedar Valley while enjoying tax and income benefits.


Explore the variety of options below and reach out to us to develop a legacy you will be proud of!

Develop a Lasting Legacy: Make a positive impact on The Cedar Valley's youth for years to come.

Bequests

Simply name Boys & Girls Clubs of the Cedar Valley as a beneficiary of a sum of money or a percentage of your estate in your will or living trust. This revocable gift allows you the flexibility to revise your wishes over time as life circumstances change.

Sample Bequest Language:

  • Residual: I give the rest, residue, and remainder of my estate, after the payment of all expenses, taxes, and debts, to Boys & Girls Clubs of the Cedar Valley, presently located at 515 Lime Street Waterloo, IA 50703.


  • Fraction: I give Boys & Girls Clubs of the Cedar Valley _____ % (fraction spelled out) of the rest, residue, and remainder of my estate, after payment of all specified bequests, expenses, taxes, and debts, to Boys & Girls Clubs of the Cedar Valley, presently located at 515 Lime Street Waterloo, IA 50703.


  • Specific: I give $ _____ (number spelled out) to Boys & Girls Clubs of the Cedar Valley, presently located at 515 Lime Street Waterloo, IA 50703.


  • Contingent: If none of the persons I have identified above as beneficiaries of my estate survive me, I give the rest, residue, and remainder to Boys & Girls Clubs of the Cedar Valley, presently located at 515 Lime Street Waterloo, IA 50703.


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 Tennessee Valley a partial, contingent, or full beneficiary, or even the owner of your policy.


Retirement Assets

Designate our Clubs as a full or partial beneficiary of your qualified retirement plan (IRA, 401(k), 403(b)) using a beneficiary form. Avoid possible taxes for IRA or retirement plans left to non-spousal relatives by naming the Clubs as the beneficiary.


IRA Charitable Rollover

Are you 70 ½ or older? You can direct up to $100,000 of your required minimum distribution (RMD) to charity and pay no income taxes.

Learn More About IRA Charitable Rollovers

Real Estate/Other 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. *Our 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.


Securities

Turn stock market gains into an investment in our area youth! Your gift of appreciated securities qualifies for a tax deduction based on the full market value of your stock and avoid capital gains tax that would otherwise arise from the direct sale.

Gifts That Pay You Income

What if you could support our Clubs while also making your own retirement more financially secure? You can, with a special gift that can pay you income for life, reduce your tax burden and help kids in your community. While it might sound complicated, it’s really quite simple.

Gift Annuities

Transfer cash or appreciated property to our 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.

For more details on the specific giving vehicles, we are pleased to offer additional resources (such as videos and gift calculators) through Boys & Girls Clubs of America.

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Examples are for hypothetical purposes only and are subject to change.

Donor Advised Funds

Recommend a Grant from Your Donor Advised Fund to benefit Boys & Girls Clubs of the Tennessee Valley (BGCTNV). While BGCTNV 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 BGCTNV for the benefit of your preferred designation at the Boys & Girls Clubs.

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