Tip of the Day

"I'm Too Young to Make a Planned Gift to the Red Cross."

You're never too young to plan before you give. Right now you may be focused on accumulating assets and meeting the obligations of a growing family -- can you also support us significantly? Because we are so grateful for your generous interest, we offer giving techniques that fit your circumstances now and stretch your ability to give:

  • Writing your will? Make the Red Cross the beneficiary of a contingent bequest -- we'll receive the gift if the originally designated beneficiary cannot accept it.
  • A new life insurance policy can be funded from your annual income rather than a transfer of capital. It builds a substantial gift that will strengthen our endowment.
  • Alternately, you may be carrying a paid-up insurance policy whose coverage your family no longer needs. A gift of the policy will bring us immediate benefits and generate an immediate tax deduction for you.
  • A deferred gift annuity provides a significant tax deduction now and lifetime payments when you need them most -- after you retire. You can create a deferred annuity each year during high-earnings years from dollars you've already earmarked for retirement saving, and schedule a combined payment from the annuities starting at a date you specify.

For more information email us or contact us at (800) 797-8022 Ext. 5.