Outright gifts of Cash or Investments – Outright gifts include: current cash, securities, property, and paid-up insurance policies. Such contributions give the donor the gratification of helping Kendal-Crosslands Communities immediately, in an unrestricted way or with whatever focus the donor prefers. Among all the ways of giving, outright gifts provide the largest tax deduction and other tax benefits to the donor.

Deferred or “Planned” Gifts – Planned giving means committing now to a future gift in various ways that accommodate a donor’s preferences, usually over a remaining lifetime. Such a planned contribution can be in the form of cash, securities, or property, and it may be modeled to assure the donor continued personal income or other use of the asset, as well as favorable tax treatment both currently and in the future. The major kinds of planned gifts have the advantages described above, as well as differences in details of income and tax characteristics. They include:

• Bequests: A popular and time-tested way to carry out charitable intentions after protecting assets during one’s life. A bequest can be a specific amount of a particular asset, and it can be a residual bequest (remaining after other distributions) or contingent on some other event (such as someone else’s continued life).
• Charitable Gift Annuity (CGA): A contract with KCC to pay the donor or other beneficiary a guaranteed income for life at significantly higher than the market rate. The CGA is financed at its high rate by using up some portion of the eventual capital gift to KCC.
• Pooled Income Fund: The donor’s gift to KCC is pooled with those in other Kendal’s. Annual income is returned to the donor or other beneficiary based on his/her share of earnings. It will vary with market changes. Upon the donor’s death KCC receives the full remaining invested share of the planned gift.
• Charitable Remainder Trust: The individual trust established by the gift to KCC (minimum $100,000) makes fixed, or percentage of principal, annual payments to the donor or another beneficiary for a specified number of years of the life of the donor.
• Remainder Interest in Property: A KCC resident who owns a house, farm, or other asset can give it to KCC and reap tax benefits and also retain a right to use the property for life.

Consider a Contribution or Gift to Kendal-Crosslands

For more information on any information presented or to discuss a contribution to Kendal-Crosslands Communities, please contact:

• Rich Lysle, Executive Director for Kendal at Longwood and Coniston, via phone at 610-388-5512 or via email at
  Kendal at Longwood & Coniston
• Phil DeBaun, Executive Director for Crosslands and Cartmel, via phone at 610-388-5614 or via email at
  Crosslands & Cartmel