Planned giving is an arrangement between you and Friends General Conference that enables you to make a contribution now that will support FGC in the future. There are several common ways by which donors make planned gifts to support Friends General Conference. Some of these gifts provide income to you for life.

For more information about supporting Friends General Conference in any of these ways, please contact us at plan...@fgcquaker.org or 215-561-1700. Michael Wajda or Julia Sibley-Jones will be pleased to provide further information.

Bequests

This is the simplest form of a planned gift. By adding a clause to your will, you can provide a specific amount, or specify that all or a portion of your residuary estate goes to Friends General Conference. A bequest may be in the form of cash, securities, real estate, an insurance policy, or other property. It is best to talk with your attorney about your wishes. Contact us for sample bequest language. Bequests reduce the taxable amount of your estate.

Charitable Gift Annuities

These are most advantageous for older Friends and will provide a guaranteed income through quarterly payments for life. The amount of the payment depends on your age, the size of the gift, and whether or not it is a "one life" or "two life" charitable gift annuity. The Friends Fiduciary Corporation in Philadelphia, which provides socially responsible investing and trusteeship for Quaker funds, manages these annuities for Friends General Conference.

When you invest in a FGC charitable gift annuity, you receive a charitable tax deduction at the time of the gift. Also, some of the income you receive will be tax-exempt. FGC will receive the charitable gift portion, usually about half of the full annuity amount, at your death (or the death of the second beneficiary). This is the amount that will benefit FGC's many programs and services to meetings and Friends.

The minimum gift needed to establish an FGC charitable gift annuity is $5,000. Please contact us to receive an illustration of the income and benefits derived from a charitable gift annuity to FGC.

Trusts

There are several forms of charitable trusts that can provide you and your beneficiaries income for life, while benefiting Friends General Conference's work of nurturing a vital Religious Society of Friends. Trusts require a large tax-deductible capital outlay (minimum of $50,000) but they can be structured in a variety of ways to maximize tax advantages and benefits to you. Two common types of trusts:

• Charitable Remainder Trusts – These are trust agreements from which you or other members of your family receive payments each year. FGC receives the remainder value of the trust at the death of the last beneficiary or at a specified date. You may use appreciated property to fund the trust, spread the tax-deduction over several years, and receive payments as either a fixed dollar amount or fixed percentage each year.
• Charitable Lead Trusts – These trust agreements are created to provide income to FGC for a period of years, not to exceed twenty, or for the life of the donor. Subsequently, the remainder of the trust reverts to the donor or to the donor’s designee. Generally, cash or securities are used to establish a charitable lead trust, although you may also use appreciate property. Lead trusts can provide an immediate source of income for FGC’s needs and provide tax savings on the transfer of appreciated assets to your heirs.

Contact us to discuss a variety of options to suit your situation. You may use FGC’s attorney or your own attorney to establish a charitable trust.