Planned Giving 101
The information provided here in the PGIC website is designed to acquaint you with the Planned Giving Consortium of East Central Illinois.
As an individual, it is designed to make it easier for you to make charitable gifts to your favorite charities. The Consortium neither seeks nor administers gifts. Its purpose is to provide information that will be helpful to those who do.
As a not-for-profit organization, you are in the unique position not only to serve the philanthropic needs of your constituency, but also to significantly affect the quality of life in East Central Illinois. The information provided here is designed to acquaint you with the Planned Giving Information Consortium of East Central Illinois and make it easier for you to identify and cultivate potential planned giving donors.
As a professional advisor, you are in the unique position not only to serve the philanthropic needs of your clients, but also to significantly affect the quality of life in East Central Illinois. The information provided here is designed to acquaint you with the Planned Giving Information Consortium of East Central Illinois and make it easier for you to serve your clients in the area of planned giving.
Questions and Answers
What is planned giving?
Planned giving encompasses a variety of philanthropic strategies that help you provide for charity while also advancing your own financial and personal objectives.
What can I give?
Donors frequently think their only option is to make an outright gift of cash to their charity of choice. While this is a positive way to make your charitable gifts, there are a number of other ways for you to donate to charity. Planning your gifts is a way for you to take advantage of the tax, financial, and estate planning benefits of philanthropy.
A planned gift can be made with almost anything: cash, stocks, bonds, mutual funds, real estate-even property such as artwork and royalties. Contact PGIC for other opportunities to give.
How do my heirs benefit?
Your heirs can benefit tremendously from a planned gift. For instance, you can design a gift to pay income for life to you and your spouse.
You can tailor your planned gift options to benefit your children and grandchildren.
In addition, by involving your family in your gift, you can teach your children and grandchildren about your philanthropic values, and transfer those values to future generations.
Other questions? Contact the Planned Giving Information Consortium of East Central Illinois at 217-258-4177 or 217-348-4177.
Additional contact information is located on the Contact PGIC page.