Planned Giving
What Will Your Legacy Be?
Since 1985, The Foundation at Hearst Castle has supported the conservation and restoration of La Cuesta Encantada through membership opportunities and special events, always aiming to inspire and empower underserved youth.
With a planned gift, you can create a meaningful legacy and help us ensure that future generations are able to experience the wonders of Hearst Castle. We encourage you to discuss the best plans for your situation by visiting with your professional advisor. Or we invite you to ask questions of our advisors at The Aegis Group at Morgan Stanley.
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Reach out to the Operations Manager, Vanessa Robbins to discuss options and set up a call with our advisors at The Aegis Group at Morgan Stanley. |
| Call: (805) 995-9720 |
Email: vanessa@foundationathearstcastle.com |
How to Give
Gifts in a Will or Living Trust
A charitable gift from your estate is a favored method of giving that enables you to achieve your financial goals, maintain control of your assets, and benefit the Foundation.
Beneficiary Designations
While you may transfer many of your assets through your will or living trust, a document called a beneficiary designation controls distribution of your retirement plans, life insurance policies, commercial annuities and a variety of financial accounts.
Charitable Gift Annuity
A charitable gift annuity provides fixed payments to you or others you name for life in exchange for your gift of cash or securities.
Deferred Charitable Gift Annuity
A deferred gift annuity provides fixed payments to you or others you name for life in exchange for your gift of cash or securities. The payments start on a date you choose that is at least one year after you make the gift.
Charitable Remainder Trusts
A charitable remainder unitrust can help you maintain or increase your income while making a significant gift to The Foundation at Hearst Castle. The charitable remainder unitrust is highly flexible. You can easily make gifts of assets that are not easily converted to cash using the unitrust. If your unitrust grows, your payments will grow too, providing a potential hedge against inflation.
Charitable Lead Trusts
You can set up a trust that makes annual gifts to The Foundation at Hearst Castle. At the end of the trust’s term, the remaining assets will pass to you or your family. This type of gift offers income tax benefits or reduced gift and estate tax costs.
Bargain Sales
Receive immediate cash and make a gift to The Foundation at Hearst Castle by selling to us a valuable asset, such as real estate, for less than it is worth.
The IRA Gift (QCD)
The IRA charitable rollover is now permanent and is a terrific way to make a tax-free gift to The Foundation at Hearst Castle using your qualified retirement plan. This gift may also satisfy your required minimum distribution (RMD).
Retained Life Estates
Your home is one of your most valuable assets. With a retained life estate, you can give your home to us now, but continue to live in it for as long as you wish.
Make a greater gift than you might have thought possible and receive immediate tax benefits without changing your living situation.
- You want to continue to live in your home.
- You do not plan to pass on your home to family or other heirs.
- You itemize your income tax deductions and want to save on income taxes now.
- You want to make a significant gift to Hearst Castle.
What to Give
The following assets are most commonly used to fund a gift:
Cash
One of the most common ways to make a gift to The Foundation at Hearst Castle is to write a check, make a gift using a credit card, or donate online.
Stocks and Bonds
Giving appreciated stock that you have owned for more than one year is one of the most tax-advantaged ways to make charitable gifts. With careful planning, you can reduce your capital gains tax while supporting The Foundation at Hearst Castle.
Retirement Assets
A gift of your retirement assets, such as an employee retirement plan, IRA, or tax-sheltered annuity, is an excellent way to make a gift. A gift of these assets can shield your heirs from taxes while funding the Foundation’s future.
Life Insurance
Life insurance is a valuable asset for making a charitable gift. You can make a gift of a life insurance policy without diminishing other investments or assets earmarked for family members.
Real Estate
A gift of real estate allows you to preserve your cash assets, receive tax and income advantages, and make a significant charitable gift to the Foundation.
Charitable Gift Illustration
Want to see how your planned gift will impact your legacy?
If you’re considering a charitable gift to The Foundation at Hearst Castle, our partners at Morgan Stanley can provide an illustration of the impact of your charitable gift—on you (the donor) and on us (the beneficiary)—to help you make the best choice. Give us an idea of the type of gift you’re considering, along with the amount of the gift and the age of the donors, and we’ll be in touch shortly.
Call Operations Manager Vanessa Robbins at (805) 995-9720 or email
vanessa@foundationathearstcastle.com.
