Giving to the perpetual care of Mill Creek MetroParks through a planned gift allows you to protect the beauty of the Metroparks while maximizing your financial benefit. Below are several options available to make a planned gift to the Mill Creek MetroPark Foundation.
One of the simplest and most common ways of making a planned gift is through a will or a living trust. A bequest in a will can take the form of a fixed dollar amount, a specific asset, a percentage of an estate, a trust, or the naming of a charitable organization such as Mill Creek MetroParks Foundation as a contingent beneficiary.
One of the most popular planned giving options is establishing a life income gift. This instrument enables you to donate assets while you are still living, and to receive a consistent income stream for the rest of your life. Life income gifts allow you to obtain a charitable deduction for a portion of the gift and to receive an income payment based on various factors including age, type of gift and contribution amount. Age and contribution minimums may apply. Please contact us for more information.
Enables you to make a contribution to Mill Creek MetroParks and guarantee yourself (or a beneficiary) an income for life. The annuity is a contract between the donor and the Mill Creek MetroParks Foundation, which guarantees a fixed rate of return or payout rate based on the age(s) of the donor(s) and/or named beneficiary(ies).
Enables the donor to deed real property to the Mill Creek MetroParks Foundation while retaining the right to reside in the property while living. You receive a tax deduction and the property may avoid estate taxes and capital gains tax. The contract must specify who pays for maintenance, taxes, insurance and other fees on the property. Vacation property and domiciles may be used, but businesses may not.
Allows a donor to transfer assets to a trust that pays income (donor/trustees determine the payout rate) to the Mill Creek MetroParks Foundation for a set term of years. At the end of the term, the remainder transfers back to the donor or heirs. You receive a tax deduction, and the contribution may reduce estate taxes.
If you or a loved one has interest in learning more about Planned Giving Options at the Mill Creek MetroParks Foundation, please contact us and a representative will be in-touch shortly.