The Gift of Family
Legacy giving

There are many ways to leave a legacy, and for those who would like their legacy to include a long-term gift to Selfless Love Foundation, there are many options to consider. 

We encourage you to consult with a personal tax, legal, and financial advisor to determine which legacy giving options can most effectively meet your goals.


The information contained herein is not meant to be legal or financial advice

If you are interested in learning more about how you can partner with Selfless Love Foundation through legacy giving, please contact us.

What is planned giving?

Planned giving means to create a plan for gifting assets. This plan might have an impact on your estate plan and will carry tax benefits either during life or at the time of your passing. 

What difference will my gift make?
Gifts of all amounts, large and small, are appreciated. When your gift and many others are made to Selfless Love Foundation, they make a meaningful impact on the lives of current and former foster children.
How do I start thinking about a planned gift?

To start thinking about planned giving, begin with your goals in mind:

  • What would you like to accomplish? 
  • What efforts are important to you?
  • When you think of your legacy, what does it look like? 
What is an unrestricted gift?
hould you wish to meet the greatest needs as identified by Selfless Love Foundation, you would make an unrestricted gift. Unrestricted gifts allow our organization to use your support where needs are greatest. You can also make a restricted donation that outlines your specific wishes and how Selfless Love Foundation can honor those wishes.
Is planned giving complicated? Do I have to have a lot of wealth?
Planned giving can be as simple or sophisticated as a donor wishes. There are different types of planned giving, discussed in greater detail below. You do not need to be wealthy in order to make planned giving a part of your legacy. For example, gifts payable upon death such as life insurance policies can leave a wonderful legacy.
What are the 3 types of planned gifts?
  1. Outright gifts of cash or appreciated assets as a substitute for cash.
  2. Gifts that return life income.
  3. Gifts payable upon the donor’s death. 
What options are available for “Outright Gifts”?

Cash Gift 

Benefit: You are immediately able to deduct the full cash value for federal income tax purposes.


Appreciated Stock 

Benefit: You decrease your out-of-pocket costs through avoiding capital gain tax while not touching your cash reserves.


Non-Grantor Charitable Lead Trust

Benefit: You retain control of the distribution of your assets. This type of trust freezes the value of assets contributed for gift tax and estate tax purposes, avoiding estate tax on future appreciation.

What options are available for “Gifts that Return Life Income”?

Charitable Gift Annuity
Benefit: You establish an income stream for yourself while also creating an immediate income tax deduction.


Charitable Remainder Trust
Benefit: You retain a personal income while also creating an immediate income tax deduction upon creating the trust.


Charitable Remainder Unitrust
Benefit: You are able to provide annual gifts, of at least 5% of the trust value, to Selfless Love Foundation. Since the value may vary year to year, the gift amount may vary. You receive a federal income tax deduction for the charitable remainder value of your interest and avoid capital gain tax when trust is established.


Charitable Remainder Annuity Trust
Benefit: You retain a fixed-income while also creating an immediate income tax deduction and avoiding capital gain tax.

What options are available for “Gifts Payable on Death”?

You can create—or change—any of these types of gifts at any time without revising your will. You can add or change beneficiaries as your life circumstances change. You can also restrict your gift by providing us with written documentation of your intentions, or you can leave your gift to our greatest need through an unrestricted donation. 


Charitable Bequest

Benefit: You can create a legacy through a sizable gift after your passing without affecting your current lifestyle. By doing so, you may be able to reduce estate and death taxes and not have to worry about making changes to your lifestyle today.


Retirement Funds

Benefit: You can leave all or a portion of your IRA or other retirement plan to Selfless Love Foundation. This type of gift will be not be subject to income tax or estate tax, making it very tax-efficient, and allowing you to give more.


Payable on Death Accounts

Benefit: This set-up allows for the assets remaining in the account when the account owner dies to pass to directly to the beneficiaries named by the account owner. POD accounts can be set up for checking accounts, savings accounts, money markets, certificates of deposit, and US savings bonds.


Transfer on Death Account

Benefit: You can easily transfer investments after your passing without changing your estate plan. Your brokerage firm can establish a transfer-on-death (“TOD”) account for you. This setup is similar to a POD account. With a TOD account, the brokerage firm transfers the investments designated by the donor to the beneficiary when the owner passes.


Life Insurance Proceeds

Benefit: Take advantage of a policy you may have purchased years ago to provide income security for family members or to secure a debt when you were starting a business, but no longer need for those purposes. The procedure for giving life insurance proceeds is similar to that for giving remaining retirement funds. 


Lorem ipsum dolor sit amet, consectetur adipiscing elit. Fusce neque purus, eleifend vel sollicitudin ut.


@ My_wedding_day

Follow Us

[email protected]