Before You Give: 4 Questions to Ask

Planned giving is often thought of as only an option for the wealthy or for older generations. The truth is, planned giving applies to all of us. No matter your stage in life, planned giving is an opportunity to leave a legacy for generations to come.

Through planned giving, you have the ability to contribute stocks, bonds, or other assets through a provision in your will. The act of giving through your estate plan involves reflection and forethought. It also warrants a conversation. Here are four key questions to ask when considering a legacy gift:

1. How will my gift be used?

Why it matters: Your gift might be invested to fund a long-term goal, or it could go toward covering an immediate need. Additionally, your gift could make a broad impact or be used for a specific purpose. This question helps you articulate your goals and allows the organization to share their initiatives.

2. What is the vision of the organization?

Why it matters: A vision statement shares where an organization is headed. Because a legacy gift provides support well into the future, make sure our plan aligns with your values.

3. What is your 10-year plan?

Why it matters: Details on strategic plans, rainy-day funds, board bylaws and fundraising guidelines are clues that an organization will remain viable.

4. How will my gift be recognized?

Why it matters: Philanthropy is always worth celebrating, but you have the right to opt in or out of recognition. Express your preferences. It’s OK to ask to be removed from a list, or to see your name in lights. Whether your gift is celebrated in a public or private way is completely up to you!

Let’s Have a Conversation

We can help with all of these questions and more. Contact Karen Derrick at 817.878.3709 or to have a conversation about your legacy.


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