Types of Planned Gifts
- Bequests: Donations at death (through a Will or Trust) of cash, real estate, stocks, bonds, mutual funds, or other intangible assets.
- Retirement Plans: Designation of FISH as a beneficiary of a retirement account, such as an IRA, 401(k), 403(b), pension or profit sharing plan.
- Life Insurance: Designation of FISH as a beneficiary of a life insurance policy (whole life or term).
- Retained Life Estate: Transfer of real estate, such as a residence or commercial property, to FISH, but with the donor retaining the use of the property for the remainder of the donor’s lifetime (e.g., the Woodring property).
With a Planned Gift, a Donor May
- Create an endowment to generate annual income that provides for the development and enhancement of designated FISH programs and activities (e.g., Helping Hands or the Food Pantry).
- Create an endowment to enhance FISH staff development or subsidize the compensation for a specific position, similar to endowing a professorship at a university.
- Name the FISH Walk-In Center (or an office) for the donor or in honor/memory of a loved one or another person.