Did you know?
You can give gifts in the following ways:
Make an investment in your community AND in your financial goals through non-cash fits to Passages, Inc.
Money that may otherwise go to taxes can have a long lasting impact on Passages, this community, and the causes you believe in.
Charitable giving is deeply personal, and we are thankful you are considering a contribution to Passages. While we are certainly not accountants or financial advisors, we hope to help you give in your best way.
Your stock portfolio may likely be one of the most valuable assets you own – and one that can carry substantial capital gain or appreciation in value. With careful planning, you may reduce or even eliminate federal capital gains tax while supporting Passages. Here’s how it works:
Testamentary gifts are a thoughtful way to support causes in which you believe during your lifetime. By remembering Passages in your will, you can direct your gift to Passages by bequest. Here are some of the benefits of a charitable bequest for Passages.
Click here for bequest verbiage to include in your will.
If you have money in an employee retirement plan, IRA or tax-sheltered annuity, they may contain income that is yet to be taxed. Your beneficiaries will owe the income tax at your death, which may be reason enough to consider giving your loved ones less tax burden, leaving your retirement plan assets to Passages instead.
Here’s how it works:
When you own a life insurance policy with accumulated cash value, you are essentially sitting on a pile of money. When the original purpose for the protection no longer applies (such as educating children now grown or providing financial security for a spouse now deceased), your life insurance can be redirected to Passages. You have a couple of options:
To view our beneficiary verbiage, click here
Annuities are gifts that provide a tax deduction and pay you back for life. You might choose to set up a Charitable Gift Annuity (CGA), a Charitable Remainder Annuity Trust, or a Charitable Remainder Unitrust. Annuities do the following:
Please work with your attorney or financial advisor to learn more about annuities.
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