Eskaton Foundation offers many opportunities to give, including gifts of cash, securities, tangible personal property (in kind) and real estate; as well as life insurance and retirement assets.
A bequest is a statement in your will or trust that you wish to give to Eskaton Foundation after your lifetime. Bequests are a great way to make a significant gift and they are versatile – you can designate a percentage of your estate, a specific amount, or you can ensure your loved ones are taken care of first and then leave the remainder to Eskaton Foundation.
Just a few sentences in your will are all that is needed. The official bequest language for Eskaton Foundation is: "I, [name], of [city, state, zip], give, devise and bequeath to Eskaton Foundation [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."
Giving through a charitable bequest in your will or living trust can provide a meaningful legacy as well as tax advantages to you and your heirs.
In today’s economic environment, you can help secure your financial future and achieve your philanthropic desires with charitable gift annuities that provide an immediate benefit to you and, ultimately, Eskaton Foundation.
When you contribute outright, long-term, appreciated stocks, you may avoid paying tax on the capital gains. In addition, you may deduct the full fair market value of the asset.
Gifts of life insurance often allow donors to make a more substantial gift than would otherwise be possible. As circumstances change, your need for life insurance may decrease. If you have a policy you no longer need, consider naming Eskaton Foundation as the beneficiary. Another opportunity is to transfer ownership of a policy to Eskaton Foundation, entitling you to an income tax deduction; future payments of the premiums may be tax-deductible as well.
To establish a fund in your name or a loved-ones name, create an endowment – a gift that gives in perpetuity. An endowment fund pays a fixed percentage of its annual value to your designated project each year. Because use of the fund is restricted to a small portion each year, the fund can last forever. Any earnings over the fixed amount are reinvested, which helps the fund grow over time.