Planned Giving involves integrating your charitable gift into your overall financial tax and estate planning objectives so as to maximize benefits to both you and to SCI-Arc. Planned gifts typically come from assets rather than income and can be either outright or deferred. Types of planned gifts available through SCI-Arc include:

Wills/Trusts/Bequests – SCI-Arc greatly appreciates the opportunity to be included as a beneficiary in wills and trusts. Through a Living Trust, you can arrange for a contribution to SCI-Arc by naming us as the ultimate beneficiary. This method of giving is attractive because you still have complete control of the assets during your lifetime. A bequest in a will allocates any amount you wish to the charity of your choice – free of estate tax. You can give cash or specific property, a dollar amount or a percentage of your estate, with restrictions or without. These gifts will provide a legacy of support for SCI-Arc's programs for years to come, while providing valuable tax advantages.

Real Estate – This is a donation in the form of a personal residence, a vacation home, a farm, commercial real estate or vacant land. For the donor, a real estate gift ensures an income tax charitable deduction for the full fair-market value, avoidance of tax on the property's appreciation, zero gift tax, plus a reduction in his/her taxable estate.

Retained Life Estate – You may be able to donate your home to SCI-Arc, but continue living in it. A gift of your home, farm, vacation home or condominium, even with stipulations about occupancy, results in a charitable deduction on your income tax.

Charitable Lead Trust – A charitable lead trust allows you to pass assets to your family with significant estate tax savings while, at the same time, making a gift to us. After SCI-Arc receives income from assets in the trust for a period of years, the principal goes to your family, with estate or gift taxes reduced or even eliminated.

Charitable Remainder Trust (CRT) – A trust is a legal agreement that specifies how assets placed under the trust will be managed. The CRT is an attractive method to achieve a variety of goals, while providing income for life. After your lifetime, the property remaining in the trust will be used by SCI-Arc as you specified. There are two types of CRTs:

• Charitable Remainder Unitrust (income fluctuates annually with the fair market value of the trust) – This option is a combination of a gift and an investment plan. You place assets in trust and you (and/or another beneficiary) receive lifetime income from those assets. Afterwards, SCI-Arc receives the remainder.


• Charitable Remainder Annuity Trust (income payments are fixed and determined when the gift is made) – This plan pays you a fixed dollar amount every year for the rest of your life, with no investment worries or responsibilities. You receive an immediate charitable deduction, and after your lifetime (and the lifetime of a surviving beneficiary, if you desire), the trust remainder is available to support our mission.

Life Insurance – A gift of life insurance is preferable if you purchased more than you think you will actually need. Provisions can be made to ensure family expenses are covered before SCI-Arc becomes a beneficiary. A donation of this kind will ensure a tax deduction, and may also result in a reduction in estate taxes.

Retirement Plan Assets – Current tax laws allow for double taxation on retirement plan assets. A donation to SCI-Arc will eliminate the taxation requirement while supporting our mission and values.

To inquire about making a planned gift to SCI-Arc, please contact Sarah Sullivan, SCI-Arc's Chief Advancement Officer, at 213-356-5319 or Sarah_Sullivan@sciarc.edu.

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