Leave a lasting legacy
The United Way of Kennebec Valley Legacy Society is comprised of individuals who demonstrate extraordinary forethought and generosity to ensure the ongoing health and well-being of people in our communities. Through outright gifts to the United Way endowment, or through deferred gift commitments to United Way or its endowment, Legacy Society members plant seeds of kindness that will improve lives for generations to come.
Planned giving and estate gifts provide long-term support and flexibility to meet the emerging issues facing our community well into the future. And they leave a legacy of continued impact and influence that will benefit individuals and families long down the road. While making a long-term difference, planned gifts can also provide significant financial and tax benefits for you and your family.
What to Give
Stocks and Bonds
Gifts of appreciated stock may provide you with significant tax benefits, including an income tax deduction for the fair market value of stock, and the elimination of capital gains taxes due if the stock were sold instead.
A gift of your real estate property (such as your home, vacation property, vacant land, farmland or commercial property) can make a great gift. If you own appreciated real property, you can avoid paying capital gains tax by making a gift to the United Way of Kennebec Valley.
A gift of your retirements assets, such as a gift from your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a lasting impact in Kennebec Valley.
A gift of your fully-paid life insurance policy is a wonderful way to leave a legacy. If your life insurance policy is no longer needed or will no longer benefit your heirs, consider making a gift to help further United Way of Kennebec Valley’s long-term mission.
A gift of cash is a simple and easy way for you to make a gift. You will receive a charitable tax deduction that will provide you with savings on this year’s tax return.
How to Give
The most popular planned gift is a bequest, where you include United Way of Kennebec Valley as a beneficiary in your will, trust, or other instrument. Contact us to learn how to set this up, or contact your financial advisor for more information.
Gifts that Pay You Income
Charitable Gift Annuity
Make a gift of cash or other assets to our organization in exchange for fixed income (with rates based on your age) for the rest of your life.
Transfer cash or other assets to fund a charitable trust. The trust sells your property tax-free and provides you with income for life or a term of years.
Charitable Annuity Trust
Transfer your cas or appreciated property to fund a charitable trust. The trust sells your property tax-free and provides you with fixed income for life or a term of years.
Charitable Lead Trust
Transfer cash or property to fund a lead trust that makes gifts to us for a number of years. You receive a charitable deduction for the gift. Your family receives the remainder at substantial tax savings.