And my God will meet all your needs according to the riches of His glory in Christ Jesus. Philippians 4:19
Planned giving, or gift planning, is the process of designing charitable gifts so that the donor realizes philanthropic objectives while maximizing tax and other financial benefits. Generally, a planned gift is any gift of significant size made with forethought about the benefits to the church and the financial implications to the donor and the donor’s family. Planned gifts are often equated with deferred gifts...
More about Planned Giving
Planning ahead . . .
Planned gifts are often equated with deferred gifts, such as bequests, life insurance policies, and similar arrangements where the commitment is made now but the funds are not available to the church or charity until some future time. The majority of planned gifts are deferred.
But gift planning also includes outright gifts. A planned gift can be a major gift for current needs, consisting of securities or real estate, and structured and timed to limit any tax on capital gain and obtain full benefit of the tax credit.