Endowment Fund

The Center’s Endowment Fund


What is Planned Giving?

Planned giving is the process of making an important, enduring contribution to the Center after carefully considering the nature and timing of your gift, as well as the tax benefits to you, the donor. You can arrange to make a planned gift either during or after your lifetime. The most common form of planned giving is a simple bequest, in which an individual’s will provides for a gift of cash, stocks, bonds, real estate, or other assets to the Center. However, many individuals choose to make planned gifts during their lifetimes. By working with a qualified attorney or other professional advisor, you can maximize the tax benefits of your gift and have an immediate impact on the lives of Council Bluffs seniors.

 

What types of assets can I donate?

The Council Bluffs Senior Center gladly accepts generous contributions of cash, bonds, real estate, and personal property. Individuals can donate their paid-up life insurance policies or name the Council Bluffs Senior Center as a beneficiary of their life insurance, IRA, 401(k), or other retirement account. Assets donated through planned giving can have many forms, and the Center suggests that you consult with a qualified attorney or other professional advisor before making a planned gift.

 

What are the benefits of planned giving?

  • Reduced liability for federal income and/or estate taxes;
  • Improved health and wellbeing for seniors in your community; and
  • A legacy of charity, generosity, and goodwill toward your neighbors.

Where can I get more information about planned giving?

If you would like to learn more about planned giving, please contact the Council Bluffs Senior Center at (712) 323-5995. We will be happy to address your questions and work with you and your advisor to help you arrange your planned gift. We recommend that you consult with your advisor about the possibility of making a planned gift to the Center.

 

The Center Endowment Committee:

“We make a living by what we get. We make a life by what we give.”
– Sir Winston Churchill