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Long-term Sustainability for SPC
Choices of a Contributor
By Susan S. Hansen
CFP,CLU,AEP,AIF
There are many ways you can support the Peace Council, through volunteering,
pledging, or gifting during your life or after your life. Within each
of those categories are various paths to support. You are probably familiar
with types of volunteering or pledging but you may wish to know more about
how you can make sure the Peace Council continues its mission for many
years to come.
Life Insurance or Annuity - You would buy a life insurance or
annuity policy and name
*The Syracuse Center for Peace
and Social Justice as the beneficiary. Your retirement
plan (401K, IRA, 403b, etc.) paperwork has a place to name beneficiaries.
One of your
beneficiaries could be the The Syracuse Center for Peace and Social Justice.
A
term insurance policy's premiums may be an affordable amount for you to
give each
month and could leverage itself to a large amount at your demise.
A Charitable Remainder Trust - You would set up an irrevocable
trust that named The
Syracuse Center for Peace and Social Justice as the beneficiary at your
death. During
your life, you could receive the income from the investments in that trust.
A Charitable Lead Trust - You would set up an irrevocable trust
whereby The Syracuse
Center for Peace and Social Justice would receive income from the investments
in the
trust for a certain number of years and your named beneficiaries would
receive the
remainder of any investments in the trust.
Bequest- In your will you would name The Syracuse Center for Peace
and Social
Justice as a beneficiary.
Donor Advised Fund - This is the equivalent of starting your own
"personal
foundation" with as little as $5,000, and none of the complications
or
expenses associated with a private foundation. When you open a Donor
Advised Fund, you receive an immediate tax-deduction and your funds can
start generating positive social returns through socially responsible
investment
options you select. You grant to The Syracuse Center for Peace and Social
Justice any
amount above $250 in any year you choose. Over several years you can continue
to
grant money to The Syracuse Center for Peace and Social Justice.
Gifts - There is continually the opportunity to give cash, a mutual
fund or stock, or real
estate to the The Syracuse Center for Peace and Social Justice.
Often the reason we contribute to organizations is because we feel a
passion for the
mission. Our belief in the cause motivates us to pledge or to leave a
legacy. In thinking about your commitment to the Peace Council, please
consider the options described. If you have questions, they may be answered
in future articles that will describe each type of donation more fully.
Otherwise, feel free to contact me (315-637-5153,sue@hansensadvisory.com)with
any questions.
The only work that will ultimately bring any good to
any of us is the work of contributing to the healing of the world.
-Marianne Williamson
*The Syracuse Center for Peace
and Social Justice is the 501c3, (non-profit organization) that accepts
your donations on behalf of the Syracuse Peace Council.
I have offered to provide free consultation for people wishing to discuss
long-term donations to SPC. Contact Susan
Hansen at 637-5153.
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