A bequest is one of the most common types of planned gifts. You can specify your legacy gift to The Foundation of Literacy Volunteers of South Sarasota County, as a particular dollar amount, percentage of your estate, the residual of your estate, or a specific asset such as real estate, securities, or other property.
A Bequest
By naming The Foundation of Literacy Volunteers of South Sarasota County as a partial or complete beneficiary of the remainder of your IRA or retirement plan, your heirs avoid income and estate taxes, and your gift immediately supports our work.
IRA Retirement Accounts
Making The Foundation of Literacy Volunteers of South Sarasota County a beneficiary of your life insurance plan is an easy and meaningful way to leave a lasting legacy. The funds from your policy pass to us free of federal estate tax after your lifetime.
Life Insurance Designations
If you want to see your philanthropy at work during your lifetime, you can transfer assets to this type of trust. It will provide income to The Foundation of Literacy Volunteers of South Sarasota County for the period of years you specify. At the end of that period, the remaining assets revert to you or someone you designate.
Charitable Lead Trust
Designate a portion of your trust to The Foundation of Literacy Volunteers of South Sarasota County, and you or a beneficiary earn income.