Planned Giving

Many people think that planned giving is a difficult process and only something that wealthy people can do. In reality, planned giving is easy to do and a great opportunity to leave a legacy for future generations.

Planned giving is about people and purpose not about taxes.  Does your estate plan reflect your charitable giving during your lifetime, your lifetime values?

There are a variety of ways that you can make a planned gift to KUNC. 

Bequest

One of the simplest ways to make a gift is through a provision in your will or trust.  When you leave assets to KUNC in your will, you are communicating the importance of KUNC in the present and the future. Bequests can be made in the form of a specific gift of cash or property, or as a percentage of an estate. Your estate will receive a charitable estate tax deduction upon your death, when the gift is made to KUNC.

Sample Bequest Language: 

"I wish to give the sum of $_____ (or ___ percent of my estate) to KUNC, a Colorado nonprofit organization, for its general purposes."

Stock Gift

Gifts of appreciated securities can help you diversify your assets and minimize capital gains taxes. The gift securities will be sold immediately and electronically processed (transferred via DTC) with the valuation date, the date the securities are received in KUNC’s account.  Naming KUNC as the beneficiary of stock gifts lets your heirs avoid income and estate taxes. Click here for specific information about how to transfer your gift of stock to KUNC.

Sample Stock Bequest Language: 

"I wish to give (a specific number of shares of a specified security) to KUNC, a Colorado nonprofit organization."

Retirement Account Beneficiary Designation

Retirement accounts are subject to estate and income taxes for your heirs. You can minimize or even eliminate the taxes due on retirement plan assets at death by naming KUNC as the beneficiary for all or part of your retirement account, leaving other less heavily taxed assets to heirs.

Sample Bequest Language:

“I wish to give my individual retirement account (name of investment firm and account number) to KUNC, a Colorado nonprofit organization.”

Be sure to complete the required forms with the plan administrator or custodian and keep a copy for your records. 

Life Insurance Policy Gift

If you purchased a life insurance policy that you feel like you no longer need, consider making a gift to KUNC. You can either transfer ownership of a fully vested insurance policy to KUNC or name KUNC as the beneficiary of your life insurance policy.  You receive a charitable deduction when you irrevocably assign ownership of your life insurance policy to KUNC. Naming KUNC as a beneficiary reduces your estate taxes because proceeds are removed from your estate. 

Sample Bequest Language:

“I wish to give the proceeds of my life insurance policy (name of insurance company and policy number) to KUNC, a Colorado nonprofit organization.”

Be sure to complete the required forms with the plan administrator or custodian and keep a copy for your records.

Ways To Give

Please keep in mind that circumstances vary from individual to individual. Consult your attorney or estate specialist before making final decisions. When designating KUNC in your estate plans, use the following information:

KUNC
1901 56th Avenue, Suite 200
Greeley, CO  80634
Federal I.D. Number 84-1577682

For more information you can call  800-443-5862 or email Jamie Wood.