Charitable gifts play a critical role in helping us to continue meeting the needs of our scholars. Planned gifts made through an estate offers donors flexibility in achieving charitable and family financial objectives.
Planned gifts include gifts through a will, life income gifts, charitable gift annuities, life insurance, and charitable trusts.
Wills and Bequests – You can name Girls Hope of Pittsburgh as a beneficiary in your will, living trust or retirement plan. Ways to name Girls Hope as a beneficiary include:
- Specific bequests for a dollar amount, percentage, or property
- Residual bequests for the remaining amount in an estate after all taxes, debts, and expenses have been paid
- Contingent bequests for all or a portion of an estate, especially when there are no other surviving beneficiaries
Life Income Gifts and Charitable Gift Annuities – You can irrevocably transfer assets to Girls Hope now, and in exchange, you and/or a survivor will receive income for life.
Gifts of Life Insurance – You can claim a charitable deduction for your life insurance’s cash surrender value, and the proceeds are completely removed from your estate.
We urge you to consult with your attorney or professional tax advisor about the possible benefits of making a planned gift to Girls Hope. This foresighted generosity saves you in taxes, gives you peace of mind, and provides a future for our scholars. For more information on giving a planned gift to Girls Hope, please contact Tom Wiese, our Executive Director, at 412-329-7172 ext. 102 or send him an email.