Planned Giving
Planned giving is the process of making the most of your contribution. With thoughtful planning, your gift can provide assistance to the youth at Covenant House Alaska (CHA), while offering significant financial benefits to you, as well.

Planned giving opportunities include:

• Wills And Bequests. Make an outright gift upon your death by including CHA in your will or bequest. By doing so, you will leave a lasting legacy, while also reducing or eliminating any applicable estate taxes.
• Charitable Remainder Trust (CRT). A CRT allows you to transfer ownership and management of assets, while keeping the income generated by those assets. You may use stock, securities, cash or real estate to establish a CRT benefiting CHA. There is a minimum investment of $50,000.
• Gift Annuity. In exchange for your gift of cash or stock, CHA will pay you a fixed and guaranteed income annually for your lifetime. The benefits offered make it a popular gift plan for donors over 70. There is a minimum $5,000 investment.
• Charitable Retirement Annuity. Make a gift to CHA now and receive guaranteed income at a very attractive rate beginning in a future year of your choice. This option also offers an income tax deduction the year you make the gift, and is a good option for donors aged 40 – 69.
• Gifts Of Real Estate. When you gift a home, farm, ranch, commercial property, lot or land, you may be able to significantly reduce your taxes, while also earning income from your gift!
• Gifts Of Stock/Mutual Funds/Bonds. By donating stocks, mutual funds or bonds to CHA, you can avoid capital gains taxes and are entitled to a federal income tax deduction – all while supporting CHA!
• Gifts Of Life Insurance. There are several options to use life insurance to benefit CHA – name CHA as the beneficiary of a policy, purchase survivorship insurance and designate CHA as the beneficiary after the second insured dies, or assign an insurance policy directly to CHA.
• Gifts Of Retirement Plan Assets. Use assets from a qualified retirement plan, such as an IRA, 401(k) or Keogh plan, to support the mission of CHA, while reducing your taxes. Or consider using your retirement plan assets to create a charitable remainder trust.

The staff at CHA is happy to work with you to develop a plan for your giving. For more information or to get involved, please contact Alison Kear, CHA’s Development Director, at (907) 339-4407 or e-mail Alison. We also recommend that you consult with your attorney or tax advisor.