Did you know that you can support the Seattle Lighthouse for the Blind Foundation and our mission while achieving tax benefits – and extending your personal commitment beyond your lifetime? By putting a planned gift in effect to help create opportunities for people who are blind, Deaf-Blind, or blind with other disabilities, you can plan for your future while making a difference in our community. There are many options for a planned gift:
The IRA Charitable Rollover was first enacted in 2006 and has been reinstated for 2011. Taxpayers at retirement age are required to make annual distributions and through the IRA Charitable Rollover they can make donations directly to eligible charitable organizations from their IRAs while achieving a tax benefit.
Bequests can take many forms, and often require just an addition to your existing will. Some donors choose to leave a certain amount of cash or property to a charitable organization, while structuring their bequest in way that meets the needs of their heirs. It’s also important to note that bequests can be modified at any time, based on your circumstances or life goals.
Charitable Gift Annuities are also offered by the Seattle Lighthouse for the Blind Foundation, in partnership with The Greater Tacoma Community Foundation. With a gift annuity, a donor gives cash or other assets to the Seattle Lighthouse for the Blind Foundation and, in exchange, the donor receives fixed income payments in quarterly installments. Especially in these uncertain times, gift annuities are ideal for providing supplemental retirement income which are unaffected by interest rates or fluctuating stock prices.
There are many other options that you can employ to support the Lighthouse, including Charitable Remainder Trusts or naming the Lighthouse as the beneficiary of a retirement fund or a life insurance policy. For more information, we encourage you to contact Kirk Laughlin in our Development Department at 206-436-2253 or consult your financial advisor.
By notifying our office that you have named the Lighthouse as a beneficiary of planned gift, you become a member of the Lighthouse Legacy Society which entitles you to an invitation to our annual Holiday Breakfast among other honors.
Best of all, these gifts allow you to have a meaningful impact on the future ability of the Lighthouse to serve our community.
Click here to learn about ways you can support the Lighthouse mission.
