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Types of Planned Gifts

Your planned gift can take many forms. Each gift has different benefits for you and for the AKC Canine Health Foundation. We reccomend that you consult with financial professional and/or your attorney when making planned gifts.

Outright Gifts

Charitable Remainder Trust

Charitable Remainder Unitrust (CRUT)

Charitable Remainder Annuity Trust (CRAT)

Charitable Lead Trust

Charitable Gift Annuities

Real Estate

Stock

Outright Gifts

Transfer of money or property by a donor to the Foundation, without financial benefit by the donor in return for making the gift. These gifts can be used by the Foundation immediately and may be restricted or unrestricted in purpose.

Deferred Gifts

Transferring an asset to the Foundation. The donor generally maintains either an income stream or the remainder interest. Many of these alternatives offer significant tax advantages. Be sure to seek the advice of your financial planner, lawyer or advisor to decide which one offers the greatest benefit and obtain details on these plans:

Bequests

Gifts of cash, property, or other assets made in a will. Bequests may be for a specific dollar amount in cash, securities, specific articles of tangible property, or a percentage of the residual of an estate. Bequests may be given as unrestricted gifts or gifts restricted to a purpose or program selected by the donor.

Life insurance

Foundation donors can name CHF as beneficiary to their life insurance policies. Such designations will be recorded as gifts at the time the designation becomes irrevocable. CHF must be named both beneficiary and irrevocable owner of an insurance policy before a life insurance policy can be recorded as a gift. The value of the gift to be recorded shall be the present value of the beneficiary amount expected to be received. Should the donor contribute future premium payments, the Foundation will include the entire amount of the additional premium payment as a gift in the year the payment is made.

If the donor elects not to continue to make gifts to cover premium payments on the life insurance policy, CHF shall decide whether to continue to pay the premiums, convert the policy to paid-up insurance, or surrender the policy for its current cash value. No insurance products and no insurance companies or agents are endorsed by the Foundation for use in funding gifts to the Foundation.

Retirement Plan

Supporters of the Foundation can name the Foundation as beneficiary of their retirement plans. Donors may decide to make their spouse the primary beneficiary and include the Foundation as secondary beneficiary.

Charitable Remainder Trust

A gift plan that allows donors to retain an income for themselves, their spouses, or others, while making a generous gift to the Foundation.

Charitable Remainder Unitrust (CRUT)

The donor transfers cash, securities or other appreciated property into a trust. The unitrust may pay income to multiple beneficiaries for a lifetime or for a term of up to twenty (20) years. The CRUT provides for a payout that varies with each annual valuation.

Charitable Remainder Annuity Trust (CRAT)

The donor transfers cash, securities or other appreciated property into a trust. The trust makes fixed annual payments to the donor or anyone named for their lifetime or for a fixed number of years based upon the fair market value on the date the trust is established. Additional contributions cannot be made to a CRAT. With a CRAT, a donor irrevocably transfers assets to the trust, and the trustee pays the donor, or the specified beneficiaries, a fixed dollar amount annually for life or for a predetermined term not to exceed twenty (20) years.

Charitable Lead Trust

An arrangement where income producing assets may be placed in a trust with CHF for a designated period of years, after which period the assets transfer to non-charitable beneficiaries named by the donor. It is called a “lead” trust because the income interest paid to CHF “leads” the “remainder” interest paid to beneficiaries.

Charitable Gift Annuities

An arrangement between a donor and the Foundation for which the Foundation accepts a transfer of cash, cash equivalents, or publicly-traded securities from the donor in return for periodic payments to the donor and/or one other named beneficiary for life. If the gift annuity is funded with appreciated stock, the donor will pay capital gains tax on only part of the appreciation. The donor’s estate may enjoy reduced probate costs and estate taxes. Upon the death of the donor, the balance of the principal is received by the Foundation.

Real estate

Gifts of real estate (immovable property) include developed property and undeveloped property, as well as gifts subject to a prior life interest or usufruct. The donor can claim a charitable deduction for the fair market value of real estate.

Factors to be considered in acceptance of the property shall include:

Usefulness of the property for the purposes of the Foundation
Marketability of the property
Any restrictions, reservations, easements, or other limitations associated with the property
Carrying costs (insurance, property taxes, or mortgages)
Potential liability for cleanup or restoration of the property

Stock

In publicly traded securities, closely held companies, bonds, and government issues may be given to CHF. Publicly traded securities shall be valued by the mean of the highest and lowest selling prices quoted for the stock during the day of the gift.