Giving to CRI

Planned Giving Chart

This chart summarizes the benefits of some of the main types of planned charitable gifts available to you that can be used to help support the Cancer Research Institute’s work.

What Is It? What Are The Tax Benefits? What Are Some Other Benefits?
Bequest in Will A gift you make by naming a charity in your will Reduces size of taxable estate Gives you flexibility in providing for family needs first
Charitable Gift Annuity A contract in which a charity agrees to pay you back a percentage of your gift annually for your lifetime Immediate income tax deduction for part of gift’s value, capital gains spread out over life expectancy Gives you and/or another beneficiary a set income for life
Life Insurance Gift A gift of an old or new policy with a charity named as beneficiary and owner Immediate income tax deduction for gift’s value, plus possible tax estate savings Provides a way to make a significant gift with little expenditure
Retirement Gift Plan A gift made by naming a charity as remainder beneficiary after your death Heirs avoid income tax and possibly estate tax Preserves plan’s value and allows you to leave heirs less costly bequests
Real Estate Gift A donation of real property, either in full or with a retained life estate Immediate income tax deduction for the charitable value of the gift, plus no capital gains tax due Can allow you to live in your home and still receive charitable deductions
Charitable Remainder
Trust
Trusts that pay a set or variable income to you or those you name before a charity receives a remainder Income tax savings from deduction, no capital gains tax, possible estate tax savings Provides guaranteed or annual income that could increase if trust value increases
Charitable Lead Trust A trust that pays a charity an income for a period of years before you or heirs receive the trust remainder Gift or estate tax savings for value of payments made to a charity Allows you to pass assets to heirs intact at a reduced cost