Cash

A gift of cash via check, credit card or funds transfer is simple and fast with tax deduction options for the donor and an immediate benefit to the Foundation, by allowing us to invest those dollars to impact the mission both now and in the future.

Gifts of Stocks and Bonds

Gifts of appreciated securities, like stocks and bonds, are an easy giving option and may offer benefits of reduced tax liability.  When you make a gift of appreciated securities, which you have held for more than 12 months, you may avoid the long-term capital gains tax.

Gifts of Real Estate

Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch, commercial property, or oil, gas, and mineral interests can make a great gift to the Foundation.  There may be capital gains tax advantages to this type of gift as well as other income tax deductions. 

Gifts of Retirement Assets

Donating part or all of your unused retirement assets such as a gift from your IRA, 401(k), 403(b), or other tax-deferred plan is an excellent way to make a gift to the Foundation.

Gifts of Insurance

Make a gift of life insurance by designating the Vogel Foundation as a primary, secondary, or contingent beneficiary of any insurance policy.  Also, if you have a paid-up life insurance policy that has outlasted its original purpose, consider using it to make a gift to the Foundation.  For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.

Gifts of Personal Property

Tangible personal property such as books, artwork or equipment is an option for many individuals which may generate tax deductions.  Intangible Property such as patents, copyrights or royalties may also be considered. 

Bequest

Designating the Foundation as the beneficiary by will or trust provides the flexibility to change as your life’s circumstances change.

This can be done with as little as one sentence, whether you choose to give a set or residuary amount, a percentage of your estate, or a contingent gift that only takes effect only if the primary beneficiary or beneficiaries are unable to accept the bequest.  If your estate plans are up to date, you can also simply draft a short codicil, or amendment, to the existing document.

Bequests can be funded by cash, securities, or real estate.  You continue to control the assets during your lifetime.  Bequests are exempt from federal estate taxes.  If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes, resulting in a larger inheritance for your heirs.

Beneficiary Designation Gifts

Make a gift without using your current assets by designating the Vogel Foundation as a beneficiary of a retirement, bank or brokerage account, donor advised fund remainder or your life insurance policy.  Beneficiary designations are among the most flexible of all charitable gifts, as you can adjust your plans at any time in the future for any reason.

It only takes three simple steps to make this type of gift:

1. Contact the administrator of your retirement plan, insurance policy, bank or brokerage account or donor advised fund for a change-of-beneficiary form or simply download a form from your provider’s website.
2. Decide what percentage (1 to 100) or dollar amount you would like us to receive and name the Vogel Foundation, along with the percentage or amount you chose, on the beneficiary form.
3. Return the completed form to your plan administrator, insurance company, bank or financial institution.

Charitable Gift Annuity

A charitable gift annuity can be funded with cash or appreciated property and provides guaranteed payments (rates based on age) to you and/or another designated annuitant (age 65 or older) for the payees’ lifetime.  The remainder then supports the Vogel Foundation.  Benefits to the donor may include bypass of capital gains tax, increased income and a charitable deduction.  The minimum for this gift option is $10,000.00. 

Charitable Lead Trust

A charitable lead trust allows you to make a significant gift to the Vogel Foundation now, with your heirs receiving the trust remainder at the end of a specific term.  You may fund a trust through cash, securities or real estate.  The CLT is used predominantly as a method to reduce gift and estate taxes for philanthropic individuals.

Charitable Remainder Trust

A charitable remainder trust allows you to donate cash or appreciated property while continuing to receive payments based on those assets for a term of years or life.  The Vogel Foundation receives the remainder.  This is a revocable option that provides income during your lifetime and estate tax deductions.

These are just examples of some of the creative and flexible strategies to consider, both current and deferred, while supporting a cause you care deeply about.  Not every way is equally beneficial to every donor and/or the donor’s estate.  And, the Vogel Foundation may have specific guidelines on some giving options.