What is Planned Giving?
At MPR and APM, when we talk about “planned giving,” we’re talking about finding smart ways for you to be able to make bigger gifts than you imagined possible, and to do it in ways that best fit your needs and work well both for you and for MPR | APM. Have you ever wanted to give more to support the vital services of MPR but didn’t think you could afford to do it? What if we could find a way to help you realize your philanthropic wishes without affecting your quality of life or limiting your ability to provide for your family the way you’d like? How about a gift that provides you with increased income? Would you be interested? That’s what we’re here to do through planned giving.
Planned giving consists of a variety of giving techniques, vehicles, and types of property gifts:
Some gift types can be combined—for example, a gift of real estate or crops used to fund a charitable remainder trust.
What is a planned gift?
When most people think about charitable giving, they think about how much money they have available in their checking accounts and how much they can give without limiting their ability to pay bills and spend money on other things they need or enjoy. Some donors may even think about using appreciated stock to make gifts (a very smart idea—see here if you’re interested). However, that’s as far as many go in their thinking on the subject. Planned giving is a way to expand your options and philanthropic capacity. A planned gift is one that typically requires the help of someone other than the donor to complete—a professional advisor or an MPR gift officer, for example. One way to think of a planned gift is as a gift that involves anything more than writing a check for cash, making a credit card donation, or transferring marketable securities. Really great things can come of looking beyond those options, and you may be surprised to learn how easy it can be to make a planned gift.
We’re Here to Help
It takes special expertise to understand the ins and the outs of these gift types, but the basic ideas behind them are simple. That’s where we come in. We can tell you how the gifts work in as much simplicity or sophistication as you desire and provide information and suggestions to you. We can’t give you legal or tax advice, but we are happy to provide you with detailed illustrations for use in your consultations with your personal professional legal and tax advisors, and are happy as well to work with them directly and with you to whatever extent you wish in the gift planning process. We also can assist you to document the gift in a way that ensures your gift will be used to support the services at MPR and APM most important to you, be they News, Classical, The Current, APM national programs, or general support.