There are many ways for you to participate in Blossom Philadelphia’s planned gift program, including ways to give that give
back to you. Below is a list of a few of the most popular ways you can help others - and yourself - through planned giving.
To obtain information and confidential assistance regarding the unique benefits available,
call Wanda Sabb, Interim Chief Executive Officer at 215.248.7609.
The most frequently utilized planned gift is a bequest though a will. Your gift to Blossom Philadelphia in your will can be a fixed dollar amount, a percentage of your estate, or the remainder of your estate after making provisions for your family and loved ones.
Charitable Remainder Trusts
A charitable remainder trust (CRT) provides the flexibility to name Blossom Philadelphia today as the ultimate recipient of your gift, while retaining a stream of income – either fixed or variable – either for a specified number of years (up to 20) or for your entire lifetime, and/or that of a loved one. You will also receive an immediate and significant charitable deduction for your gift.
Charitable Lead Trusts
Cash or securities are the typical types of assets used to create a trust that pays an annuity – a fixed or variable stream of income – from the trust to Blossom Philadelphia for a fixed period of years. At the end of that time, the assets are returned to you or one or more beneficiary(ies) you have selected.
By purchasing an insurance policy and naming Blossom Philadelphia as the owner and beneficiary, you will be entitled to an immediate charitable gift income tax deduction for each premium payment you make. Another method is to transfer a paid-up insurance policy. In return you will receive an immediate charitable deduction.
All of the ideas presented here can include a personal and perpetual tribute to a loved one. There may be no better way to honor someone special than by making a gift with lasting meaning.