But, alternatives are available. As you plan your significant financial
gifts, you will be thinking about your own future, your family, loved
ones and other charitable interests. We hope you add the Friends of
South Dakota Public Broadcasting to your list. A gift to the Friends of
SDPB will enrich the lives of future generations. The Friends of South
Dakota Public Broadcasting is a 501(c)(3) non-profit organization and
gifts are tax-deductible to the full extent allowed by law.
Stock & Property
Stocks, mutual funds or other securities can be transferred to the
Friends of South Dakota Public Broadcasting. You and your financial
adviser can contact us about the details and to arrange a transfer. You
may want to make arrangements for a gift of a home, agricultural land or
other real estate. Using a life estate arrangement, you can even make a
gift of property now and get a possible tax benefit now, while
continuing to use or reside at the property for as long as you live. You
continue to take care of the property, pay the taxes and even receive
any income it generates.
Wills & Trusts
A will is the simplest way to distribute your estate and is an easy way
to designate gifts to Friends of South Dakota Public Broadcasting. By
creating a will or making a simple revision, you can make a gift of a
certain dollar amount, a specific property, a percentage of your estate
or what is left after you provide for loved ones. If you choose to rely
on a revocable living trust to pass your property on to loved ones,
consider adding a charitable dimension to this plan as well.
Retirement Plans & Life Insurance
Whether you are participating in a company pension plan or other private
plan, you may find you have accumulated funds beyond your need. These
excess funds may be given during your life. Another simple way to make a
significant gift in the future is to name Friends of SDPB as a
beneficiary of a portion or of all of the proceeds of a life insurance
policy. Another way to make a gift of insurance is to purchase a new
policy, naming Friends of SDPB as a beneficiary or co-beneficiary.
Life Income
With a charitable remainder trust, you reserve the cash flow from the
property contributed to the trust, and upon your death(s), the property
that remains is distributed to charity. You may receive a tax deduction
when you create the trust. A charitable lead trust is the opposite of
the charitable remainder trust. The Friends of South Dakota Public
Broadcasting receives the cash flow, usually for a term of years. At the
end of a designated period, the remainder is returned.
To learn more about making Friends of SDPB part of your legacy and to
receive the free brochure “How To Make A Will That Works” call
1-800-333-0789.