Planned giving encompasses a variety of ways that gifts can be made to the Compass Rose Society from accumulated resources. It usually involves financial or estate planning; however, it is not reserved for the wealthy. Planned giving is a means by which anyone concerned with the wise use of his or her personal resources makes a considered choice about their ultimate disposition.
In general planned gifts are made through: A bequest in a will; a life income gift such as a pooled income fund; a charitable gift annuity, or a charitable remainder trust; or gifts of special assets (real estate, closely held stock, life insurance, retirement accounts).
Planned giving establishes a way for a donor to provide for family members while remembering the Society as well. It often enables the donor to provide more for his or her heirs and to make a larger gift than thought possible. It often reduces taxes as well.
If you are interested in developing a planned gift program with The Compass Rose Society as the beneficiary, please contact our treasurer Bob Biehl at firstname.lastname@example.org.