While outright gifts provide valuable support for current programs, Planned Gifts provide substantial support for future programs. This form of giving recognizes that the future of The Futures Foundation is, in many ways, connected to the generosity of its closest supporters.

Planned Gifts may be made in the form of wills, trusts, or life insurance.

Wills
Giving through your will is an effective and desirable way of directing the distribution of your estate to the individuals and organizations that have been important to you during your lifetime. Bequests may be in the form of cash or other property, may be for a specified amount or a percentage of your estate, or may be the remainder of your estate after all other bequests and obligations have been satisfied.

Your bequest can be in the body of your will, or it may be a codicil or amendment. It must, however, be done in consultation with your attorney or tax advisor.

Another benefit of your gift will be the permanent establishment of your legacy at The Futures Foundation.

Life Insurance
Life insurance makes an excellent charitable gift. You may make a gift to The Futures Foundation through an existing life insurance policy. By naming The Futures Foundation as the primary beneficiary of such a policy, you retain ownership and still have access to the cash value.

However, if you desire an immediate tax benefit, you may name The Futures Foundation owner and beneficiary of the policy and receive an income tax deduction for the cash value of the policy and for any future premium payments.

Charitable Remainder Trust
A Charitable Remainder Trust may be established to support The Futures Foundation and MORC, Inc.'s programs, while providing income for the duration of your life. The trust may be funded with cash, securities, or other assets. By establishing a trust, capital gains tax can be avoided or deferred, and an income tax deduction is available to the donor. Upon termination of the trust, assets remaining in the trust go to The Futures Foundation.

For more information, please call (586) 263-8983 or toll free at (866) 807-6940.