Giving to our cause can be done either directly or through a gift model that can provide tax benefits and even income. Call 513-874-8900 to learn more.
You designate our organization as the beneficiary of your asset by will, trust or other instrument. Already have a designated gift to Glenmary in your will? Let us know who it is in remembrance of by contacting our Planned Giving Office.
Need to make a will? We have partnered with FreeWill so you can do so for free! Just click here.
IRA Charitable Rollovers, or Qualified Charitable Distributions (QCDs), are funds from your Individual Retirement Account (IRA) that can be donated to a qualified nonprofit organization without first recognizing it as income. If you are above the age of 70.5 and have a Traditional IRA, you are eligible to make a QCD.
Charitable Gift Annuity
You transfer your cash or appreciated property to our organization in exchange for our promise to pay you fixed income (with rates based on your age) for the rest of your life, plus some tax benefits.
You transfer your cash or appreciated property to fund a charitable trust. The trust sells your property tax free and provides you with income for life or a term of years.
Charitable Annuity Trust
You transfer your cash or appreciated property to fund a charitable trust. The trust sells your property tax free and provides you with fixed income for life or a term of years.
Charitable Lead Trust
You transfer your cash or property to fund a lead trust that makes gifts to us for a number of years. You receive a charitable deduction for the gift. Your family receives the remainder at substantial tax savings.
Sale and Unitrust
If you give a portion of your property to us to fund a charitable remainder trust, when the entire property sells you receive cash and income for life.
We purchase your property for less than fair market value. You receive the cash and a charitable deduction for the difference between the market value and purchase price.
Give it Twice Trust
You may be looking for a way to provide your children with income while making a gift to charity. The Give it Twice Trust is a popular option that allows you to transfer your IRA at death to a term of years unitrust.
Life Estate Reserved
You may desire to leave your home or farm to us at your death, but would like to receive a current charitable tax deduction. A life estate reserved might offer the solution you need!
Glenmary Revocable Charitable Gift Agreement
This flexible giving plan is a contract between you and Glenmary. Transfer assets(minimum $2,000) to Glenmary and Glenmary will make quarterly payments to you. There are no tax advantages but you support Glenmary’s mission, receive income for the agreement’s lifetime and have the option of withdrawing all or part if needed.
To determine a gift strategy that best meets your needs, contact us for more information.