Planned Giving

The Gift That Keeps on Giving

Making a planned gift to Asbury Foundation is like making a promise to the people we serve. A promise that helps ensure we continue our mission to do all the good we can.

What is a Planned Gift?

A planned gift is a future donation given to a charity through a will or other form of designation. This legacy planned in a personal decision that each person makes within their overall financial planning as well as taking into account their charitable wishes and values.

A bequest or other planned gift, such as a charitable gift annuity, charitable trust or gift of life insurance, enables you to offer sustaining support to your chosen Asbury community that you might not be able to offer through an outright gift. Many planned gifts also benefit you and your family by providing income sources, tax relief or other advantages.

Learn more about planned giving opportunities by contacting Asbury Foundation today.

How Can I Make a Planned Gift?

1. Life Income Program (Charitable Gift Annuity)

The Life Income Program, also known as a charitable gift annuity (CGA), provides you with predictable tax-advantaged income while making a gift to your community. This is a contract in which a donor exchanges a gift of cash or appreciated property for a guaranteed fixed income each year for the rest of the donor’s life. It may be of particular interest to those discouraged by low earnings on cash investments.

*Special Note to Residents of Oklahoma: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not by a guaranty association affiliated with the Oklahoma Insurance Department.

2. Charitable Bequests

Including in your will a gift of a specific amount or a percentage of your estate enables you to control your assets during your lifetime while providing an important future gift to an Asbury community.

Charitable bequests are wonderful options for all donors, but especially those donors who wish to retain control of their assets during their lifetime. If you wish to support the Asbury Foundation through your will, there are several options you may consider:

  • Specific Dollar Amount or Property: “I, [name], of [city, state, zip], give, devise and bequeath to Asbury Foundation, Inc., 5285 Westview Drive, Suite 200, Frederick, MD 21703, [amount] for the [Asbury Community] [Fund].”
  • Percentage of Estate: “I, [name], of [city, state, zip], give, devise and bequeath to Asbury Foundation, Inc., 5285 Westview Drive, Suite 200, Frederick, MD 21703, [percentage] of my estate for the [Asbury community] [Fund].”
  • Residuary: “I, [name], of [city, state, zip], give, devise and bequeath to Asbury Foundation, Inc., 5285 Westview Drive, Suite 200, Frederick, MD 21703, all of the residue or remainder of my estate for the [Asbury community] [Fund].”

3. Charitable Trusts

Charitable trusts are plans that can reduce income and capital gains taxes for you and your heirs as well as potentially increase your income.

4. Beneficiary Designations

Naming Asbury Foundation as a beneficiary of all or a portion of your life insurance, entrance fee refund, parking space deposit refund, or retirement plan is an easy way to make a significant gift to your community and reduce taxes for you and your heirs.

Heritage Society

The Asbury Foundation Heritage Society recognizes all donors who have included an Asbury community in their wills or estate plans. Through the Heritage Society, the Asbury Foundation expresses its appreciation to those who have made a planned gift, of any amount, for the future benefit of their friends and neighbors.

Contact Asbury Foundation to Learn More

This information is non intended as tax, legal, or financial advice. Consult your personal financial advisor for information specific to your situation.

Asbury Foundation staff members are always available to answer any question or provide additional information. Please contact us to learn more.

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