Planned Giving

PLANNED GIVING | What is the Anchor Society?

The United Way Anchor Society provides a way for our most loyal donors to make a significant, measurable, long-lasting change in people’s lives. A Planned Gift ensures that your commitment, and the improvements it targets for those in need, will continue forever. Please let us know if you have included us in your estate plans, so we can properly acknowledge your gift.

Ways to Make a Planned Gift

Bequests Through a Will or Trust

You can provide a specific dollar amount or percentage, a residual amount, real estate, or tangible property to United Way of Rhode Island (UWRI). This provision can be made through a new will or trust or added as a codicil or amendment.

IRA Rollover & Pension Fund Gifts

These are some of the best ways to make a charitable gift because of the ease of initiation. Donating these assets to a nonprofit, such as UWRI, avoids double taxation under income and estate tax provisions. UWRI can be named as a partial or contingent beneficiary of your retirement or pension plan.

Gifts of Life Insurance

With a relatively small outlay, you can make a substantial gift while obtaining tax benefits. UWRI can be named as the sole, partial, or contingent beneficiary of a new or existing policy. Also, a paid up policy can be donated to UWRI as the owner and sole beneficiary.

Charitable Remainder Trust

Certain charitable vehicles can provide you with a lifetime income, with the remainder being left to charity. These options ensure an income stream during your lifetime, or the lifetime of your designated beneficiaries, leaving the residual benefit to charity. This is a simple and flexible way to maintain or increase your income while also supporting UWRI.

Charitable Lead Trust

This vehicle can provide an annual income to UWRI for a fixed period of years, offer an annual charitable deduction, and at the end of the time period leave significant, untaxed income for the beneficiary you have designated, which may be grandchildren, great grandchildren, or other designee.

Charitable Gift Annuity

There are many ways to fund a Gift Annuity, but cash or appreciated stock are the most common. When transferring securities to UWRI, you can obtain an immediate charitable income tax deduction and bypass a portion of the capital gains tax as well. In addition, your income can frequently be increased in the form of a lifetime annuity payment based upon your age.