In a world where we strive to make a difference, planned giving stands as a testament to the enduring impact one can have on future generations. This unique form of philanthropy allows individuals to leave a legacy that will continue to make an impact far beyond their lifetime. Whether supporting a cause near and dear to your heart or leaving a lasting effect on your community, planned giving allows you to make a meaningful difference in the lives of others for generations to come.
A Concept That Got its Start Hundreds of Years Ago
The idea of planned giving goes as far back as the 1600s when four Pilgrims made gifts to their churches in their wills. Bequeathing one’s fortune to a family member, relative, or friend became a common practice. Some also left money behind to benefit institutions like universities and hospitals. These organizations relied on the foresight and generosity of these individuals who recognized their need for sustained support. That reliance is still present today with these institutions and others like it.
EAC Network’s Planned Giving Program
Over the years, planned giving has evolved into many people leaving a legacy and assisting various charitable organizations and non-profits like EAC Network with donations. We are eternally grateful whenever we receive this type of support, which enables us to continue our services of care. Through our Planned Giving Program, donors can contribute through various options:
- Financial gifts
- Through real estate
- Arrange a revocable gift
- Gifts of appreciated securities
- Named as a beneficiary in a will
- Enter into a charitable gift annuity
- Charitable remainder trusts and lead trusts
By using any of these methods, you’re contributing resources to support us in offering assistance and care to those in need of empowerment. Our goal is to make a positive difference in the lives of these individuals and uplift the entire community in the process.
Creating a Lasting Impact: Steps to Leave a Legacy of Giving
Here are some steps to help guide you when considering leaving a legacy of giving behind:
1. Consult Professionals
Seek advice from financial advisors, attorneys, and philanthropic experts who can help you navigate the complexities of planned giving. They can assist in choosing the most suitable vehicles for your charitable goals.
2. Include Loved Ones
Engage your family and loved ones in the process. Sharing your values and intentions ensures that your legacy aligns with your shared beliefs and leaves a lasting impact on your community.
3. Research Local Organizations
Identify reputable charitable organizations in your community that align with your values. Reach out to them to understand their needs and explore how your planned giving could make a difference.
4. Document Your Intentions
Work with legal professionals to draft a clear and comprehensive will or trust that outlines your wishes for planned giving. Be specific about the organizations or causes you want to support.
Building Bridges to Tomorrow: The Power of Planned Giving
Planned giving allows you to make a lasting, positive impact on the world, ensuring that your values and passions continue to inspire future generations.
By taking inspiration from notable examples and initiating your own version of planned giving, you have the potential to make a significant impact in your community. The size or amount of the gift never matters, only the intention behind it. Together, we can shape a brighter future for all.