We are grateful you’re considering including the Richardson Olmsted Campus in your estate plans, and we look forward to speaking with you about your gift.
There are a variety of ways for you to leave a lasting legacy at the Richardson Olmsted Campus, while providing important tax and income benefits to you and your family.
You can make a gift by simply including the Richardson Center Corporation in your will or by making the Corporation a beneficiary of a retirement account or life insurance policy.
Planned giving options.
Bequests
Make a gift simply by including a line in your will leaving an item, specific amount, or percentage to the Richardson Center Corporation.
Retirement Plans
Make a planned gift to the Richardson Center Corporation by making it the beneficiary of a retirement account such as an IRA, 401(k), 403(b), or other retirement plan. his beneficiary designation can usually be accomplished by completing a beneficiary designation form either by mail or online and specifying the Richardson Center Corporation as the beneficiary of a dollar amount, a percentage, or the entire account.
Due to new legislation, you can make gifts from your retirement assets during your lifetime. If you are at least 70½ years old, you may make gifts directly to the Richardson Center Corporation to satisfy your minimum distribution requirements without adding to your taxable income.
Life Insurance
Make the Richardson Center Corporation the beneficiary or owner of a new or existing life insurance policy. If you continue to pay the premiums after the gift of the policy, you can receive an income tax charitable deduction when each premium is paid.
Charitable Trusts
Ideal for gifts of highly appreciated stock, a Charitable Remainder Trust provides you with income during your lifetime and immediate income tax deduction for part of the gift’s value. With your passing, the remainder of the gift is transferred to the Richardson Center Corporation to sustain its mission well into the future.
Ideal for assets which will likely increase in value, a Charitable Lead Trust allows you to support the Richardson Center Corporation with a guaranteed income stream for a period of time, while keeping wealth within your family. When the trust ends, the assets are distributed according to your wishes.
We welcome the opportunity to begin a conversation with you to help meet your philanthropic goals. For more information, please fill out the form below or call 716.601.1151.
Note: The Richardson Center Corporation does not provide tax or legal advice. Please consult your legal representative or tax advisor regarding your personal circumstances.