GIFT ALTERNATIVES

OUTRIGHT GIFT
You can make a gift of cash, stocks, bonds, real estate or other assets to the Amarillo Area Foundation.

BEQUEST BY WILL
You can designate a gift or portion of your estate to the Amarillo Area Foundation and, in some cases, receive a substantial reduction in federal gift and estate taxes.

CHARITABLE GIFT ANNUITY
You can make a gift of cash or property to the Amarillo Area Foundation now, get immediate tax benefits, and ensure that you or a loved one receive fixed quarterly or annual income payments for life.

CHARITABLE REMAINDER TRUST
You can place cash or property in a trust that pays annual income to you (or a named beneficiary) for life. After your death, the remainder of the trust transfers to the Amarillo Area Foundation and is placed into a charitable fund you have selected. You receive income tax benefits the year you establish your trust.

CHARITABLE LEAD TRUST
You can make a gift of cash or property into a trust that pays a fixed amount to the Amarillo Area Foundation for the number of years you select. Once this period ends, the assets held by the trust are transferred to the beneficiaries you name. In some cases, you receive a substantial reduction in federal gift and estate taxes.

BENEFICIARY DESIGNATION
You can make the Amarillo Area Foundation a full or partial beneficiary of your life insurance policy or retirement account. It’s an easy way to make a legacy gift without modifying your estate plan. Upon your death, your gift is placed into the charitable fund of your choosing.

CLICK HERE for more detailed information about Planned Giving