HYLTON PERFORMING ARTS CENTER
Serving the residents of Prince William, Manassas, and the Region
on the Prince William Campus of George Mason University
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Ways to Give

  • Outright Gifts
  • Deferred Gifts
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  • Matching Gifts
  • Taylor your Gifts to Your Circumstances

Tailor Your Gift to Your Circumstances

A sound approach to charitable gift planning is to match your intended contribution with your stage of life, finances and tax considerations. The chart below reviews various gift plans related to your age, income level and estate size, and explains the benefits of these gifts.

 

Type of Gift Suitable if you are: Your benefits: Our benefits:
Cash (outright gift) Any age and any income/estate level income tax deduction immediate use for our needs
Long-term appreciated securities (outright gift) Any age and any income/estate level Income tax deduction, avoidance of capital gains tax immediate use of income or sale proceeds
Personal property or related use by us (outright gift) Any age and any income/estate level Income tax deduction, avoidance of capital gains tax Immediate use of property
Real property (outright gift) Any age and any income/estate level Income tax deduction, avoidance of capital gains tax Immediate use of property or its income or sale proceeds
Life insurance policy Any age and any income/estate level Current and possible future income tax deductions Ultimate use of policy proceeds
Bequest (through your will) Any age and any income/estate level Estate tax savings Ultimate use of gift
Charitable gift annuity* Over age 60 and retried, with a modest income/estate Fixed lifetime payments (partially tax-exempt); estate and income tax savings Ultimate use of gift
Deferred payment gift annuity* Age 40-60 and employed, with a moderate income/estate Supplemental retirement plan; estate and income tax savings Ultimate use of gift
Charitable remainder annuity trust Over age 60 and retired, with a high income and sizeable estate Fixed lifetime income; estate and income tax savings Ultimate use of gift
Charitable remainder unitrust Age 60-75 and retired, with a high income and sizeable estate Variable lifetime income as inflation hedge; estate and income tax savings Ultimate use of gift
Unitrust with term of 20 years Over age 80, with a potentially taxable estate Income for self now and beneficiaries later; estate and income tax savings Ultimate use of gift
Charitable lead trust Over age 60 and retired, with a high income and large estate Ability to pass property to others with reduced gift and estate taxes Use of income for term of trust
Gift of home, retaining life use Over age 70, with modest income/estate Income tax deduction; retained use of home; estate tax savings Ultimate use of property or its sale proceeds