Gifts that pay you back
Donate securities, cash, or other assets to Laguna College of Art + Design, and we’ll invest them to provide you or your designated beneficiaries with reliable income. Payments can last for life or, in some cases, for a set number of years.
About Charitable Gift Annuities
If you’re looking for a way to maintain your current lifestyle, increase your financial security, and lower your taxes, consider creating a charitable gift annuity. You will receive fixed annual payments for as long as you live.
If you are under 65, you may want to consider a Deferred Charitable Gift Annuity, where payouts start after you hit a certain age.
Benefits
- Receive an immediate income tax deduction for a portion of your gift
- Annuity payments are guaranteed for life, backed by a reserve and the assets of our organization
- Annuity payments are partially tax free, making them more valuable than fully taxable income of the same size
How it works
- Set up an annuity contract with our organization and transfer cash or securities as outlined in the agreement.
- We invest the assets and pay you (or up to two annuitants) fixed income for life, with the amount depending on the size of the transfer and the age of the annuitants.
- The remaining funds pass to us when the contract ends, creating a meaningful impact.
Learn more about Charitable Gift Annuities
Consult with a qualified estate planning attorney and a financial advisor to determine if this is the right option for you.
About Charitable Remainder Trusts
A Charitable Remainder Trust (CRT) is a planned giving tool that allows donors to make a significant charitable impact while also providing financial benefits to themselves or their beneficiaries.
This type of trust is an irrevocable arrangement in which a donor transfers assets into a trust that is managed and invested by a trustee. The trust pays income to designated beneficiaries for a set number of years or for their lifetime, after which the remaining assets are distributed to charity.
Types of Charitable Remainder Trusts
Charitable Remainder Annuity Trust (CRAT):
Fixed income stream based on a percentage of the initial asset value
Income stream does not change over time
Charitable Remainder Unitrust (CRUT):
Variable income stream based on a percentage of the trust’s value, revalued annually
If assets appreciate over time, the income stream will also increase
Benefits
- Reduce or eliminate capital gains taxes
- Retain an income stream for yourself or beneficiaries
- Create a lasting legacy that supports our mission
How it works
- Transfer assets (such as cash, securities, or real estate) into a trust, which is managed by a trustee.
- The trust pays income to designated beneficiaries (such as you, your spouse, or other individuals) for a set number of years or for their lifetime.
- At the end of the trust term, the remaining assets are distributed to one or more charitable organizations.
- Receive an income tax deduction for the present value of the charitable remainder interest in the trust.
- You may also be able to avoid or reduce capital gains taxes on appreciated assets that are transferred into the trust.
Learn more about Charitable Remainder Trusts
Consult with a qualified estate planning attorney and a financial advisor to determine if this option is right for you.
About Pooled Income Funds
A Pooled Income Fund (PIF) is a type of trust that combines donors’ contributions into a single fund managed by a charitable organization. Each donor has a separate account and receives a pro-rated share of income.
Pooled Income Funds offer reliable income while leveraging pooled assets for potentially higher investment returns, appealing to those seeking income generation and enhanced performance.
Benefits
- Retain an income stream from donated assets
- Receive an immediate income tax deduction for a portion of your gift
- Create a lasting legacy that supports our mission
How it works
- Make a gift of cash or securities to the fund, which is managed by us.
- Receive an immediate income tax deduction for a portion of your gift based on your age and the fund’s expected investment return.
- The fund invests the assets and distributes income to you for life.
- When you pass away, the remaining account balance is distributed to our organization, as designated by you.
Income payments from a Pooled Income Fund can fluctuate over time based on the performance of the fund’s investments. Also, you will not have control over the investments or the timing of income distributions.
Learn more about Pooled Income Funds
Consult with a qualified estate planning attorney and a financial advisor to determine if this option is right for you.
About Charitable Lead Trusts
A Charitable Lead Trust is a type of trust that allows you to make a charitable gift while retaining some control over the assets during your lifetime.
This type of trust makes annual payments to a charity for a set number of years, after which the remaining assets are distributed to non-charitable beneficiaries that you choose (many people choose their family members).
Benefits
- Receive an immediate income tax deduction for the value of your contributions
- Retain some control over the assets donated
- Provide for your family’s financial security
- Create a lasting legacy that supports our mission
How it works
- Create a trust and fund it with assets, such as cash, securities, or real estate.
- The trust makes annual payments to us for a set number of years, based on a predetermined formula or percentage of the trust assets.
- At the end of the charitable period, the remaining assets are distributed to non-charitable beneficiaries, chosen by you, such as your family members.
- Receive an immediate tax deduction for the present value of the charitable payments made by the trust.
Learn more about Charitable Lead Trusts
Consult with a qualified estate planning attorney and a financial advisor to determine if this is the right option for you.
Support the Next Era of Creatives
Planned gifts cost nothing today and provide essential support to our programs and student services. A donation in your will or trust will directly impact the next era of creatives by providing access to leading-edge technologies, increased scholarship support for students and exceptional learning opportunities beyond the classroom.
We’re here to help you meet your goals!
Our team would be happy to speak with you in confidence about your giving goals, with no obligation.
Name: Mark Saville
Title :Vice President of Development
Phone: 949-376-6000 ext. 241
Email: giving@lcad.edu
Already included us in your estate plan? Let us know
More ways to make an impact
Gifts in a will or trust
Donations in your will or trust are (by far) the most popular type of planned gift. Learn more, or get help starting your will (for free!).
Beneficiary designations
Gifting assets not covered by your will — like 401(k) or IRA accounts — may help your heirs avoid unwanted taxes, even if you’re below the estate tax threshold.
Popular tax-smart gifts
Many people are increasingly choosing to give non-cash assets, so they can have a bigger impact at less cost to them.