A generous way to leave a lasting legacy.
What is Planned Giving?
Planned Giving: You’ve heard the term before, but you’re not quite sure what it means. To put it simply, planned giving is the process of making a significant charitable gift during a donor’s life or death that is part of his or her financial or estate plan. Fewer and fewer Americans are considering leaving money to charity when planning a will or trust or end of life arrangements. Only 32% of Americans have a will down from 42% a few years ago. The portion of the population planning to leave money to charity is even smaller: only an estimated 5% of Americans. This is a but a fraction of the people who support nonprofits in a given year. According to a Gallup poll from May 2020, some 73% of Americans made a charitable donation to a religious institution or another charity last year.
So how can you make the most of your funds? What kind of legacy do you want to leave behind The most common way to make what is known as a planned gift or bequest – a donation to a nonprofit you have left in your will. Although the intention is expressed in your will, after your passing your gift will be received.
A legacy gift is a way to ensure your memory lives on for years to come. For others, it is a way to ensure that the Masonic Charity Foundation of Oklahoma is able to continue its important work. What better way to thank the organization that has had an impact on your life, or the life of a loved one, than by making a contribution from your estate? By creating a legacy, you are making a significant contribution to the future sustainability of the work that is most meaningful to you. To learn more how you can leave a gift for the Masonic Charity Foundation please call our offices at (405) 348-7500.