Ways to Plan Your Giving
You nourish your body with food and liquids and you have a home that’s comfortable to live in, but the Commonweal helps feed the soul. It helps us become more complete human beings. It enhances our outlook on life.
— Phil & Heidi Dybing
Core MDC Members
Gifts by Will or Trust:
A charitable gift from your estate is a favored method of giving that enables you to achieve your financial goals and benefit the Commonweal Theatre Company. No other planned gift is as simple to make or as easy to change, should you ever need the assets during your lifetime.
A bequest may be right for you if:
- You want to make a gift to the Commonweal Theatre Company
- You want the flexibility to change your mind.
- You want continued access to your wealth, should you need it.
- You are concerned about outliving your resources.
Naming Us in Your Assets
One of the simplest ways to make a gift to the Commonweal Theatre Company is to name us in your assets. You can specify the individuals and charities you want to support and you can also specify the percentage of the assets you want each beneficiary to receive. It’s literally as easy as filling out a form.
- Beneficiary designations are available when giving the following assets:
- Retirement Assets
- Life Insurance
- Commercial Annuity Contracts
- Bank Accounts
- Investment Accounts
The IRA Gift
Here is a tax-smart way to make an impact on the Commonweal using your traditional or Roth IRA. The IRA charitable rollover (also called the Qualified Charitable Distribution, or QCD) is a great way to make a tax-free gift to CTC and satisfy your Required Minimum Distribution (RMD). If you are not required to take an RMD but no longer itemize your deductions, then a QCD may be right for you as well.
For more information regarding any of these options, contact your financial advisor or Scott Bingham, financial advisor at Thrivent Financial: Scott.Bingham@thrivent.com or 1-507-498-5162 to find out what’s right for you.
Ready to talk to us? Contact Jeremy van Meter to find out more about our planned giving options: firstname.lastname@example.org or call (507) 467-2905 x211