Endowment & Planned Giving Options

Why Endowed and Planned Giving?
The simple truth is annual gifts alone cannot prepare us for future needs in our community.  That is why United Way of Central Kentucky created a Planned Giving and Endowment Program.

Leave a Forever Legacy: UWCK Endowment
Did you know that you can make an investment in our community through United Way of Central Kentucky that will last forever?  Through our partnership with Central Kentucky Community Foundation, we offer an endowment that will allow our donors to maximize the long-term, local impact of their gifts.  Investors to UWCK's Endowment fund are also eligible for the Endow Kentucky Tax Credit, which makes giving easier and more powerful than ever.  For more information, contact Megan Stith at mstith@unitedwayck.org

Planned Giving Options:

Bequests
A bequest in your will is one of the easiest ways to perpetuate your support of United Way of Central Kentucky. You can bequeath a dollar amount, a specific property, a percentage of your estate or what is left after you have provided for your family.  You may also name United Way as a residuary beneficiary in the event that others you have named may not survive you. Your attorney can assist you in making these simple revisions to your will. 

Gifts of Real Estate
A home has always been a wise investment with tremendous financial benefits.  By making a gift of your home or other real property now, while retaining the use of it during your lifetime, you can enjoy additional benefits. When you make a gift of your home or real property to the Endowment Fund, you continue to care for and use the property, pay the taxes and even receive any income it generates.  You also receive an immediate tax deduction equal to the fair market value of the property.  You do not incur the capital gains otherwise payable on the appreciation had you sold the property.  And, because you have made a gift of the property by deed, it does not pass through probate at death, saving expenses and delays. 

Gifts of Appreciated Securities
Appreciated securities are a very attractive way of making a lifetime gift to the Endowment Fund.  You will receive an income tax deduction for the full current value of the securities, and you will pay no capital gains tax on the appreciation.  This contribution also removes an asset from your estate, thereby, possibly reducing estate taxes upon death. 

Life Insurance
One of the simplest ways to make a significant charitable contribution in the future is to name United Way as a beneficiary to receive all or a portion of the proceeds of a life insurance policy which is no longer needed for family protection. Another way to make a gift of life insurance is to take out a new policy, naming United Way as owner and beneficiary. You would continue to pay the annual premiums on the policy receiving a charitable deduction for the premiums paid each year.  Upon your death the face value of the policy, together with any accrued dividends and interest, are added to United Way's permanent Endowment Fund.  Through gifts of life insurance you can make a substantial gift without actually transferring a large amount of assets and receive a charitable income tax deduction for premiums paid each year. 

Lifetime Income Programs
By making a charitable remainder trust, your contribution to the Endowment Fund can work for you in two ways.  First, it enables you to support worthwhile programs in your own community.  Second, it can provide you or someone you love with an income for life. 

Memorial/Tribute Gifts
A donation in honor of a friend/colleague/loved one, or a gift in tribute to an individual's dedication to others.

Looking for a creative and meaningful gift to show your feelings?  Consider sharing your love for someone special by making a donation to United Way in their honor.

Consider your options using our online Planned Giving Calculator.