Giving To A Community That Gives So Much.
Because every foundation needs a solid foundation.
Since 1992, The Westminster-Canterbury Foundation has been entrusted with the fundraising efforts on behalf of our community, focusing on programs that benefit residents, staff, and all others involved in our mission and goals.
There are many options that allow donors to assist our efforts without compromising financial security. “Planned gifts,” including cash, securities, or real estate are a wonderful way to create a lasting legacy that ensures a future for our community that is as bright as our past.
The most popular method of planned giving, are easy to understand, provide peace of mind, and do not require you to part with any assets during your lifetime. At your request, your attorney will prepare the appropriate language to be included or added to your will.Close
A Charitable Gift Annuity:
A simple contract with The Westminster-Canterbury Foundation that allows you to make an irrevocable transfer of cash, appreciated stocks, or mutual funds or bonds to the Foundation. In return, The Foundation agrees to pay you a fixed lifelong income. The older you are when you initiate the contract, the higher the annuity payment.Close
A Charitable Remainder Trust:
A specified distribution of funds to one or more beneficiaries, at least one of which is not a charity, on at least an annual basis. The distribution must be paid at least annually for life or for a term of years. When the trust terminates, the corpus is distributed to the charities named as the charitable remainder beneficiaries.Close
Life Insurance provides a way for you to make a sizable gift for a minimal outlay of available funds. You may donate an existing policy (either fully or partially paid) or a new policy simply by naming the Westminster-Canterbury Foundation the beneficiary. Upon the donor’s death, the Foundation receives all or part of the policy’s proceeds. You would also be entitled to a charitable tax deduction.Close
401(k) or 403(b) Retirement Plans:
401(k) or 403(b) Retirement Plans comprise one of the easiest ways to make a substantial donation to the Foundation. Once beneficiary designation forms for each plan are filled out with the Foundation as the full or partial beneficiary, the Foundation receives the assets upon the plan owner’s death. Here, too, donors can receive significant income and estate tax savings.Close
For more information about our Planned Giving options, please contact Ashley Allman at (757) 496-1106.