The Cincinnati Association for the Blind and Visually Impaired has a history of excellent service to our community. To continue quality services, new sources of funding are vital to meet today's and tomorrow's needs.
Planned gifts include bequests in a will, charitable trusts, charitable gift annuities or gifts or bequests of life insurance or retirement plan assets. Planned gifts may provide income and estate tax benefits to the donor. Your attorney, banker, accountant, insurance agent or financial planner can advise and help with arrangements.
To discuss planned giving opportunities, please contact the community relations director at 513-487-4233 or by email at firstname.lastname@example.org
- Bequest in Your Will or Estate Plan
- Charitable Gift Annuity
- Retirement Assets
- Visionary Society
BEQUEST IN YOUR WILL OR ESTATE PLAN
To remember the Cincinnati Association for the Blind and Visually Impaired with a bequest in your will or estate plan, use the following wording:
I give to the Cincinnati Association for the Blind and Visually Impaired the sum of _______dollars ($__________). This bequest is unrestricted and the Board of Trustees or other governing body may use and expend the same for the benefit of the Cincinnati Association for the Blind and Visually Impaired in any manner it deems appropriate.
CHARITABLE GIFT ANNUITY
With a charitable gift annuity, you make a gift in the form of cash, securities or other income-producing property to CABVI and receive fixed payments for a lifetime. An immediate income tax deduction is provided to you for the value of the gift and part of the payment is tax-free. At the death of the annuitant, the gift is used by CABVI to provide services.
A gift of insurance can take several forms.
- Life insurance which was purchased to protect a mortgage or cover college tuition may no longer be needed. Donate the policy to CABVI and you may claim a charitable deduction for approximately the policy's cash surrender value.
- Purchase a new policy and name CABVI as the owner and beneficiary. Premiums paid in the future are deductible as cash contributions.
- Name CABVI as the primary or secondary beneficiary for an existing policy.
Retirement plans often include assets which have been increasing in value tax-free. Gifts of your IRA, 401(k) or Keogh plan may benefit CABVI plus save heirs from tax burdens. Retirement plan assets which are bequeathed to CABVI will not be taxed.
Another option is to establish a charitable trust with retirement assets. The trust can provide life income to the beneficiary, and the assets which remain in the trust will be distributed to CABVI.
CABVI has established a Visionary Society to recognize and promote planned gifts. Members of the Visionary Society are listed in our publications and on our donor wall. (If you prefer, we will keep your planned gift confidential.) In addition, members are invited as our guest to CABVI's Annual Meeting and other special activities.
If you have arranged for a planned gift to benefit CABVI in the future, please let us know. We would be pleased to welcome you to our Visionary Society!