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Other Planned Gift Options

Other Ways of Making a Planned Gift

While making a charitable bequest is the simplest way of making a planned gift to the American Quarter Horse Foundation, there are many other ways of giving that you might consider with the help of your financial advisor. 
        
Charitable Gift Annuities
If you would like to support the mission of the Foundation and receive steady payments during your retirement years, consider a charitable gift annuity.   Through an agreement with AQHF, you make a donation of cash, stocks or other assets and in return we agree to pay you (or your designee) a fixed income for the rest of your/their life.  This amount is calculated to take into consideration both the size of the gift and the annuitant’s age at the time of the gift. If applicable, upon the donor’s death, the assets of the trust are passed to the Foundation.

Charitable Remainder Trusts
A charitable remainder trust allows you to receive income each year for the rest of your life from assets you give to the trust you create. Your income can be either variable or a fixed amount. After your lifetime, the balance in the trust goes to the Foundation.   

Charitable Lead Trust
If you have assets that you would like to pass to family members some day such as property and are financially comfortable enough that you can forego the investment income from these assets, consider a Charitable Lead Trust.  Your assets can be placed in a trust, the interest it earns is contributed to the Foundation for a designated period of time and you receive the tax benefit .  When the assets pass to your children or grandchildren they also receive a gift or estate tax reduction.

Retained Life Estates
With a retained life estate, you deed a personal residence or farm to American Quarter Horse Foundation now. You retain the right to occupy the home for life and continue to pay real estate taxes, maintenance fees and insurance on the property. The year your residence is gifted, qualify for a substantial income tax deduction and your gift is not subject to capital gains tax. 
After your lifetime—and the lifetime of your spouse or another person you choose to retain rights to live in the home—we take possession of the property. 

 
Gifts of Life Insurance
Insurance policies that you currently own where their original purpose no longer exists can be redirected to benefit the Foundation.  Maybe you originally purchased the policy in order to educate children who are now grown or pay the living expenses of a spouse who is now deceased.  You may name the Foundation as the beneficiary and also assign us ownership of the policy as a charitable gift. Doing so provides you tax benefits now and in the future.

For more information about Planned Giving, please call Chris Sitz, Senior Director of Development & Advancement Services at (806) 378-5032 or Email csitz@aqha.org.