A Guide to Planned Charitable Giving

Your Gift at Work

Your gift can help ensure a strong and promising future for Housing Assistance Corporation and those whom we serve. You give much needed financial support to an organization that helps the poorest of the poor in our community and one that has a proven record in creating effective programs. You leave a legacy for future generations.

Your gifts contribute to the long-term health of the community, helping people in need find stable housing and move forward with their lives. Your legacy will be a gift that continues to give well into the future.

Charitable Giving Options

Planned charitable giving techniques can be as simple as donating an asset directly to a charity, or as complex as setting up a trust with the help of an attorney and professional financial advisor. You have a wide variety of choices when planning your donation -from gifts of real estate or tangible property to appreciated stocks or other securities.

The simplest gift is through an outright bequest given by designating Housing Assistance Corporation in your will. This is a deeply personal way of remembering and honoring the work accomplished by the organization.

If you have a will, we suggest you review it periodically for any changes in your family or financial situation. If your will is already up-to-date, it is not necessary to have it redrawn in order to provide for Housing Assistance Corporation. Your lawyer can prepare a simple amendment (known as a codicil) to accomplish your desire to support Housing Assistance Corporation without disturbing your other bequests.

What Your Gift Can Mean to You

  • You can experience the joy of investing in ideas and principles that you cherish and ensure that the ideals and causes you believed in during your lifetime continue thereafter.
  • You can provide a living memorial to yourself, your family or someone you love and receive personal satisfaction in helping those who are in the greatest need.
  • You can significantly reduce taxes including income, estate, capital gains and gift taxes.
  • You decide how your property is to be distributed.

Types of Bequests

The descriptions that follow are of forms that bequests can take. They are not intended as legal advice, but to suggest a choice that may be suitable for you.

An outright bequest enables you to make a gift of a flat amount or a percentage of the estate.

A residuary bequest enables you to give Housing Assistance Corporation either all or a portion of your estate after all debts, taxes, expenses, and other bequests have been paid.

A contingent bequest enables you to provide first for family and friends and benefits Housing Assistance Corporation only if your beneficiaries predecease you.

A bequest can be made as unrestricted, to be used for the organization’s most pressing needs; or restricted, to be used as the donor and the organization agree upon in advance.

Final decisions about your bequest should, of course, be made in consultation with your own financial or legal advisor.

Next Steps

If you would like to make a donation or are interested in finding out more about other forms of charitable gifts, please contact Margaret Benaka, Resource Development Department (508) 771-5400, ext. 272 or mbenaka@haconcapecod.org.