Using Blended Gifts to Reach Your Charitable Giving Goals

Jay and his wife Amy wanted to support a parish capital campaign with a significant gift of $100,000. They wanted to spread this gift out over several years but also wanted to make a gift of $25,000 this year.

Jay and Amy's Pastor suggested contacting the Catholic Foundation of Northeast Kansas to discuss their desire to help, but also to explain their funding limitation. We explained that by using a combination of their available resources and planned gifts, they could still achieve their objectives. We suggested the following options for Jay and Amy to consider.

• A $25,000 cash gift today combined with a separate $37,500 bequest in both Jay and Amy's wills (no cash out-of-pocket).
• A $25,000 gift of appreciated stock (no cash out-of-pocket and significant tax savings) and a $75,000 bequest in the will of either Jay or Amy, depending on which spouse outlives the other.
• A $25,000 gift of appreciated stock, a $50,000 charitable gift annuity funded with stock (numerous tax advantages and fixed payments for life), and a $25,000 bequest.

After careful consideration, Jay and Amy decided to make a gift of cash and to include a bequest in each of their wills.

Using a combined giving strategy, Jay and Amy will be able to make a $100,000 gift to the parish capital campaign. They loved the fact that they could make a gift during life that provided a tax deduction, and that they had the ability to see their gift at work today while also knowing that the gift would make a grateful response to God for His generosity, and to their parish which helped them to grow to trust in God’s providence for their lives.

Is a blended gift right for you?

If you have ever thought, I would like to make a gift to charity but am apprehensive about my future, a blended gift might be right for you. There are many different ways to structure blended gifts. Contact us to see how you might be able to use a blended gift strategy to achieve your goals while supporting the missions and ministries of the church in Northeast Kansas.

*Please note: This story is only an example of one way a combination of assets was used to create a generous gift for a Catholic cause.