Whether
supported through an outright gift or planned gift,
all Red Cross programs are made possible through the
generosity and commitment of people like you. A planned
gift to the Red Cross helps to ensure the future of
the services and programs we provide in your community
and worldwide and may further your financial goals.
For more information on planned giving contact Tim
Wyckoff at the Central Virginia Chapter at (434) 979-7143.
What are planned gifts… Planned
gifts include gifts through your will, charitable
gift annuities, gifts of life insurance, pooled income
funds, and charitable trusts.
Bequest
Many of our supporters make charitable gifts by naming
the Red Cross as a beneficiary in their wills.
Life
Income Gift
You irrevocably transfer some assets to the Red Cross
now, and in return, you (and a survivor, if you wish)
receive income for life.
Gift
of Life Insurance
Some of our supporters no longer need their life insurance,
that was purchased years ago to provide for children
or other family members, and donate the policy to
the American Red Cross.
Pooled
Income Fund
Your gift of money, marketable securities, or both
is invested together with similar gifts from other
supporters.
Charitable
Lead Trust
Individuals with very large estates can use a charitable
lead trust to benefit the American Red Cross and pass
principal to family members with little or no tax
penalty.
Gifts
of Retirement Plans
Your IRA assets will be transferred to a charitable
remainder trust, the trust will provide life income
to the beneficiary, and then an eventual gift to the
Red Cross.
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