What are Planned Gifts?
Why Should I Make a Planned Gift?
Common Misconceptions about Planned Giving
For more information about The Austin School for the Performing and Visual Arts and planned gifts,
contact Carol de Cardenas, Executive Director, at cdecardenas@theaustinschool.org or (512) 773-3398.
- Planned gifts are a variety of charitable giving methods that allow you to express your personal
values by integrating your charitable, family and financial goals.
Making a planned charitable gift usually requires the assistance of a knowledgeable advisor such
as an attorney, financial planner, or CPA to help structure the gift.
Planned gifts can be made with cash, but many planned gifts are made by donating assets such
as stocks, real estate, art pieces, life insurance, annuities, or business interests—the possibilities
are endless.
Planned gifts can provide valuable tax benefits and/or lifetime income for you and your spouse or
other loved ones. The most frequently-made planned gifts are bequests to charities, made
through your will. Other popular planned gifts include charitable trusts and charitable gift
annuities.
Why Should I Make a Planned Gift?
- Many people want to make charitable gifts but need to do so in a way that helps meet their
other personal, family, or financial needs. Planned gifts give you options for making your
charitable gifts in ways that may allow you to: - Make a larger charitable gift than you thought possible
- Increase your current income
- Plan for the financial needs of a spouse or loved one
- Provide inheritances for your heirs at a reduced tax cost
- Reduce your income tax and/or avoid capital gains tax
- Diversify your investment portfolio
- Receive income from your personal residence or farm
- Plan for the transfer of your business
- Leave a charitable legacy for future generations
- More information about planned gifts can be viewed on the National Committee on Planned
Giving web site at www.ncpg.org
Common Misconceptions about Planned Giving
- Only the very wealthy can establish planned gifts.
- No, there are many ways for families with moderate incomes to leave a legacy for
tomorrow without sacrificing their livelihood today.
- Planned giving is for retirees--not for young, working families like us.
- This is not true. With proper planning and financial advising, ordinary families can establish
a lasting legacy.
- Wouldn’t I need to be invested in securities or the stock and bond market to donate?
- No, there are many ways to donate. The Arc can connect you with an estate planner to
help you determine the best option for you.
For more information about The Austin School for the Performing and Visual Arts and planned gifts,
contact Carol de Cardenas, Executive Director, at cdecardenas@theaustinschool.org or (512) 773-3398.
Planned Giving
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The Austin School for the Performing and Visual Arts (ASPVA) admits students of any race,
color, national and ethnic origin to all the rights, privileges, programs, and activities generally
accorded or made available to students at the school. It does not discriminate on the basis of
race, color, national and ethnic origin in administration of its educational policies, admissions
policies, scholarship and loan programs, and athletic and other school-administered programs.
color, national and ethnic origin to all the rights, privileges, programs, and activities generally
accorded or made available to students at the school. It does not discriminate on the basis of
race, color, national and ethnic origin in administration of its educational policies, admissions
policies, scholarship and loan programs, and athletic and other school-administered programs.
Copyright ©2006 The Austin School for the Performing and Visual Arts, Inc. All rights reserved
