Leave a legacy with the World Affairs Council of Pittsburgh through a number of planned giving options. Many of these options are simple to implement and contribute to the long-term success of the Council, ensuring that we can promote international engagement for years to come. Many planned giving opportunities may provide you, the donor, with tax benefits.
A Few Simple Ways to Give
Gifts of Stock
You can make a gift of stocks that have been held for more than one year and increased substantially in value since acquisition without incurring capital gains tax on the appreciation.
Bequest and Wills
This allows you to make a gift to the Council in your will either through a set dollar amount, or a percentage of estate.
Direct Donations from Retirement Accounts
A donation can be made from a retirement account after reaching the age of 59 ½. Donations of up to $100,000 can be made to satisfy required minimum distributions, which begin after the age of 70 ½.
Designating the Council as a Beneficiary on Life Insurance or an IRA
This simple and more private way of donating will allow the Council to receive 100% of the donated amount without the gift being reduced by taxes.
Charitable Lead Trust
This allows you to gift assets to a trust and the trust’s income will be paid to the Council for a specified period of time. Then, the remainder passes to specified beneficiaries.
Charitable Remainder Trust
You can gift assets to a trust and continue to receive the income for a period of time. After that period, the remainder passes to the Council.
Disclaimer: These gifting options are intended for informational purposes only, and do not constitute tax, legal or other advice. Certain strategies may have additional limitations and considerations and may not be appropriate for everyone. You should consult with your tax, financial and/or legal advisors about your individual situation prior to electing to implement one of these gifting options.
If you are interested in any of the above options, please contact Nayab Khan our Development Associate at email@example.com or 412-281-1259.