Plan Now – Give Later

“I've lived in Northwest Indiana all my life. I work hard to give back to this community that has given so much to my family and me. When my wife Nancy and I thought about the future, we determined we wanted to include charitable giving in our estate plan to ensure we help our community thrive in perpetuity. I'm proud to be a member of Legacy Foundation's Legacy Society. I invite you to join me and invest in our community.”


Bob Anadell


Discover the Best Planned Gift to Meet Your Goals

TLegacy Foundation offers a variety of gift possibilities for those who wish to create a lasting legacy. Find out What to Give and learn about the best assets to make a planned gift. Learn about gifts of cash, securities and property. Learn How to Give and discover gift options that provide tax and income benefits.

The Legacy Society

The Legacy Society recognizes those who have included Legacy Foundation in their estate plans. Becoming a member of The Legacy Society requires notifying Legacy Foundation of a gift. This may include a bequest, a charitable remainder trust, a gift annuity, a retirement plan, a life insurance policy or any other form of planned gift. Please let us know if our staff can provide more information to you with no obligation.

Bequests

Providing a gift in your will to Legacy Foundation is an additional way to support your favorite charities in perpetuity. You can also name an endowment fund at Legacy Foundation as the beneficiary of your IRA, pension plan, or life insurance policy. Charitable bequests can be designed so as to give the most favorable tax treatment to beneficiaries.

Charitable Remainder Trust

A charitable remainder trust can be created to pay you or your chosen beneficiary income for life, or for a fixed term, or both. After the term's completion, the remaining property passes to a charitable beneficiary such as a fund at Legacy Foundation, or another charity of your choice. This flexibility allows individuals greater spendable income and reduced taxes during your lifetime.

Charitable Lead Trust

This vehicle is unlike the charitable remainder trust, in that income first goes to the charity for a fixed period with the property later reverting to you or your beneficiary. This trust is often used as part of an estate plan.

Life Estates

Individuals may deed their home or property to Legacy Foundation and retain the right to live there for the rest of their lives. This allows you to take a charitable deduction for the current value of the remainder of the property after death, and thereby avoid any capital gains tax. When the life estate ends, the real estate is sold and proceeds are used to support funds at Legacy Foundation or any of your favorite charities.

Life Insurance

Life insurance provides a simple way for you to give a significant gift to charity with tax benefits that can be enjoyed for a lifetime. Check with Legacy Foundation staff for more information on how insurance policies can further your philanthropic goals.

Retirement Plan Assets

These assets may be a particularly effective way to fund a charitable bequest. Depending on the size of your estate, income and estate taxes may consume a large portion of this asset. Naming Legacy Foundation, Inc. or a Charitable Remainder Trust as the beneficiary for all or some of the assets remaining in your plan at your death can substantially reduce or eliminate your tax liability.

Private Foundation Transfers

By transferring a private foundation to Legacy Foundation, you can preserve the identity and purposes of the original donor and family members while Legacy Foundation assumes administrative responsibilities, tax reporting and annual audits.


For gift planning purposes, the Legacy Foundation's legal name is Legacy Foundation, Inc. and our Employee Identification Number (EIN) is 35-1872803. We recommend including both the organization's name and EIN in your gift planning documents.

To review your giving options, please call 219.736.1880 or email csaxton@legacyfdn.org to discuss making a gift.