YOUR CHARITABLE LEGACY

Align your values and goals with your legacy

You can design a philanthropic vision that’s deeply meaningful to you — and preserves your impact on a cause or community in the future — with a legacy fund. Our team of specialists will collaborate closely with you to implement a giving plan that integrates your values and meets your objectives.  

 

Structuring your estate

A planned or legacy gift is a donation that’s designated for a future date, often at the time of death through a will. This gift is made through a formal financial or estate plan. 

CFNJ is uniquely capable of stewarding your gift in a way that is faithful to your goals, in furtherance of your legacy, and responsive to a community’s future needs. We can also work with your family’s attorney or wealth advisor to structure the fund and desired language. The top three issues you should consider when designing a legacy fund are outlined in the fact sheet below.

 

Estate planning options

We also invite you to review the Planned Giving Options Chart below as you consider ways to build a lasting philanthropic legacy and support your family simultaneously. 

You’re welcome to sign up to receive more information about legacy giving, or contact us at info@cfnj.org with questions.

Learn more: Legacy Fund Fact Sheet | Legacy Fund List | Open Fund

 

Planned Giving with CFNJ

GOAL

GIFT

STEPS

BENEFITS

Planned Giving with CFNJ

Transfer real property ownership and convert it into a gift
Real Estate
Donate a portion or all of the property to CFNJ
  • Income and capital gain tax savings
  • Relief from management of unused property
  • Ability to retain and/or convert into trust income

Planned Giving with CFNJ

Leverage an insurance policy that’s no longer needed
Life Insurance
Name CFNJ as an owner and/or beneficiary of a policy
  • Eligibility for an income tax deduction based on the value of the paid policy
  • Simple, inexpensive way to make a gift

Planned Giving with CFNJ

Find a way to make a gift despite limited cash and securities
Other Assets (e.g., tangible property)
Donate the asset outright today or fund a charitable trust or annuity
  • Potential income and capital gains tax savings
Planned Giving with CFNJ
Ensure your charitable goals are known in the future
Legacy Fund
Establish and fund a legacy fund with CFNJ, now or upon death
  • Simple way to provide a future donation
  • Control over the future allocation of your funds

Planned Giving with CFNJ

Establish a future gift, while maintaining lifetime control of your assets
Bequest
Name CFNJ in your will or living trust
  • Donation exempt from federal estate tax
  • Control of assets during lifetime

Planned Giving with CFNJ

Supplement income with fixed payments that may be partially tax-free
Charitable Gift Annuity
Establish a simple annuity contract with CFNJ
  • Fixed life payments for 1 or 2 individuals
  • Immediate income tax charitable deduction
  • Current and future savings on income taxes

Planned Giving with CFNJ

Secure income for you or your loved one with potential for income growth
Charitable Remainder Trust
Establish and fund a trust naming CFNJ or a fund as the beneficiary
  • Fixed or variable income for life or a term of years
  • Immediate income tax charitable deduction
  • Ability to use a variety of assets to fund trust
Planned Giving with CFNJ
Provide secure income for your fund now and for your children and/or grandchildren in the future
Charitable Lead Trust
Establish and fund a trust naming CFNJ or a fund as the beneficiary
  • Reduction of your taxable estate
  • Meaningful support for loved ones

Planned Giving with CFNJ

Identify a simple, tax-effective way to make a future gift
Retirement Plan Assets
Name your fund as a beneficiary of your retirement plan
  • Avoid taxes that come with estate assets
  • Simple and inexpensive to establish