Leave a Legacy

Most Common Ways to Give

IRA CHARITABLE ROLLOVER

If you are 70½ or older, you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can help continue our work and benefit this year.

BEQUESTS

You designate our organization as the beneficiary of your asset by will, trust, or beneficiary designation form. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or Cedar Lake Foundation as part of your estate plan, or you can make a bequest using a beneficiary designation form.

CHARITABLE REMAINDER UNITRUST

You transfer your cash or appreciated property to fund a charitable remainder unitrust. The trust sells your property tax-free and provides you with income for life or a term of years.

Benefits of a charitable remainder unitrust

Receive income for life, for a term of up to 20 years or life plus a term of up to 20 years
Avoid capital gains on the sale of your appreciated assets
Receive an immediate charitable income tax deduction for the charitable portion of the trust
Establish a future legacy gift to our organization

Blended Gifts

Blended gifts combine multiple giving strategies—such as a current gift of cash or property with a future planned gift—to potentially increase overall impact, enhance tax benefits, and allow you to see results earlier while still supporting the foundation’s mission into the future. These options can be tailored to your financial, philanthropic, and estate-planning goals.

Other Ways to Give

Stocks or Bonds

Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to avoid paying capital gains tax on sale of appreciated stock, receive a charitable income tax deduction while supporting the mission of Cedar Lake.

Cash Gifts

You make an immediate impact on our mission and receive a charitable income tax deduction.

Retirement Assets

Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, if you are like most people, you probably will not use all of your retirement assets during your lifetime.

Benefits of gifts of retirement assets

Avoid potential estate tax on retirement assets
Your heirs would avoid income tax on any retirement assets funded on a pre-tax basis
Receive potential estate tax savings from an estate tax deduction

Gifts of Insurance

If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.

How to make a gift of life insurance

To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Cedar Lake Foundation as the beneficiary of your policy.

Gifts of Business Interests

How to make a gift of life insurance

To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Cedar Lake Foundation as the beneficiary of your policy.

You can contact us directly at plannedgiving@cedarlake.org or 502-495-4631

Talk with our team about IRAs, Stocks & Real Estate.

If you’re considering a gift of stock, IRA distribution, or real estate, we’d love to help. Alongside your financial advisor, our team can guide you through the process.