Ways to Give
There are almost as many variations on ways to make a donation as there are individual needs. These are possibilities you might wish to consider.
You may wish to consider including a gift to Riverview in your will or living trust. This charitable bequest provides several benefits:
• Options: Since you are not actually making a gift during your lifetime, you can change your mind at any time.
• Ease: It is quite simple to add a clause to your will or trust with the help of a financial advisor.
• Flexibility: You can structure the bequest as you so choose.
• Tax Benefit: If your estate is subject to estate tax, your gift is entitled to a charitable deduction for the gift's full value.
Continue supporting our work even after your lifetime by naming us as a beneficiary of your retirement plan, life insurance or insurance annuity assets.
Charitable Gift Annuity
In exchange for an irrevocable gift of cash, securities, or other assets, Riverview agrees to pay the annuitant a fixed income annuity each year for your life or another designated beneficiary. Payments may begin immediately or may be deferred for a period determined by the donor and set forth in annuity contract.
Charitable Remainder Trusts (CRT)
A charitable remainder trust has two beneficiaries. In most cases, one of them is you (and possibly your spouse), and the other is Riverview. During your lifetime you receive a set percentage of investment income from the charitable trust. Once you pass away, Riverview then receives whatever remains in the trust. There are potentially significant tax deductions and exclusion from capital gains taxes.
Charitable Lead Trusts (CLT)
A charitable lead trust is basically the same concept as a charitable remainder trust, but in reverse. With a CLT, Riverview receives a certain percentage of investment income every year. Once you pass away, whoever you've named as the beneficiary (a spouse or children) receives the assets that remain. Again, there are potentially significant tax deductions and exclusion from capital gains taxes.
Charitable IRA Rollover
Under the extended charitable IRA legislation, if you’re aged 70½ or older you can make charitable gifts now to Riverview using funds from your individual retirement accounts (IRAs) without undesirable tax effects.