Planned Giving: Create a Legacy of Lasting Impact
Since 1877, Partnership has been a pillar of support for the most vulnerable in our region. Gifts made to Partnership through planned giving secures this mission for tomorrow, ensuring stronger children, youth, families and communities.
Let us help you make the gift that’s right for you. Request a confidential, no-obligation conversation to get started.
When you make a legacy gift, you:
Give with intention — aligning your values with causes that matter most.
Provide long-term strength sustaining essential services.
Inspire future generosity showing others the power of leaving a legacy of compassion.
Discover the many ways to provide a legacy of generosity:
Bequests
Through a provision in your written and executed will, you can make a gift in the form of cash, securities, real estate or personal property. When making a charitable gift to Partnership for Families, Children and Adults, it is vital that our legal name, address and other identifying details be used. To name Partnership for Families, Children and Adults in your will or trust, please use the following suggested language:
- Remainder
I give and devise to Partnership for Families, Children and Adults, Chattanooga, TN, (EIN 62-1326050) all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program). - Specific Amount
I give and devise to Partnership for Families, Children and Adults, Chattanooga, TN, (EIN 62-1326050) the sum of $ ________________________ (or “____ shares of __________________ stock”) to be used for its general support (or for the support of a specific fund or program). - Contingent Beneficiary
If (insert individual heir’s name) is not living at the time of my demise, I give and devise Partnership for Families, Children and Adults, Chattanooga, TN, (EIN 62-1326050) the sum of $ (or “all” or ” ___________ percentage of the residue of my estate”) to be used for its general support (or for the support of a specific fund or program).
This document is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.
Life Insurance
Beneficiary designations and paid-up life insurance policies are simple ways to leave a charitable legacy. When you make such a gift, you receive an income tax deduction equal to the cash surrender value of the policy. You may be able to use the cash value of your policy to fund a gift that delivers income, such as a charitable gift annuity.
For all gifts of life insurance, please use the following address:
Partnership for Families, Children and Adults
Planned Giving
5600 Brainerd Road, E-3
Chattanooga, TN 37411
Our EIN is #62-1326050
Retirement Plan Beneficiary
Naming Partnership for Families, Children and Adults as a beneficiary of a qualified retirement plan asset, such as a 401(k), 403(b), IRA, Keogh, or profit-sharing pension plan, will accomplish a charitable goal while realizing significant tax savings. Simply list Partnership as a beneficiary at the following address:
Partnership for Families, Children and Adults
Planned Giving
5600 Brainerd Road, E-3
Chattanooga, TN 37411
Our EIN is #62-1326050
Donor Advised Fund Beneficiary Designation
Continue your legacy of support by designating Partnership for Families, Children and Adults as a beneficiary to receive all or a portion of the balance of your Donor Advised Fund (DAF) through your fund administrator.
Charitable Trusts
Charitable trusts are structured to provide tax exempt income while allowing you to provide for both your heirs and the charities you can about.
- Lead Trusts
Just as it implies, a charitable lead trust to pays income to Partnership for Families, Children and Adults for a fixed time, then pay the remainder to your heirs. Reduce gift and estate taxes and freeze the taxable value of growing assets before they pass to your family. - Remainder Trusts
This type of trust can provide you or other named individuals with reliable income for a specified length of time up to 20 years, your lifetime, or your beneficiaries’ lifetime. At the end of the trust term, the balance is transferred to one or more charities that can include the Partnership for Families, Children and Adults. At the same time, you may reduce your income taxes, reduce or eliminate estate taxes, and avoid capital gains tax. - Remainder Unitrusts
One innovative method to avoid immediate tax obligations is through a Charitable Remainder Unitrust which allows individuals to transfer assets into a trust that, in turn, generates income for beneficiaries over a set period. Afterward, the remaining assets are donated to a chosen charity. This setup not only supports charitable causes but also provides tax advantages.
Life Income Gifts
Donors who wish to make a significant gift to a nonprofit and still receive a fixed income for a set term or for life often favor the Life Income Gift. The advantage is that you receives an immediate tax deduction while Partnership invests and grows the funds, just as it does an endowment gift. Donors who are still working may elect to defer their annuity payments until they retire, resulting in higher payments.
There are several options for making a charitable gift that pays you income. One of the most popular (and one that does not require an attorney), is a Charitable Gift Annuity.
Charitable Gift Annuity
- This is a simple contract between you and Partnership.
- You may fund your Charitable Gift Annuity with cash, transfer appreciated stock that isn’t paying a dividend, or convert another underperforming asset like a savings account, money market fund or CD bearing little or no interest.
- You will receive payments for life and a tax deduction for the year you make the gift.
Choose from the Charitable Gift Annuity option that works best for you:
- Immediate Gift Annuity – Make your gift, take a deduction, and begin receiving annuity payments right away. This option is available for donors who are age 60 or older.
- Deferred Gift Annuity – Take an immediate deduction and defer payments for retirement. This is usually advantageous for younger donors. Deferment allows for larger and less taxed payments.
- Flexible Gift Annuity – Like a deferred gift annuity, the Flexible Gift Annuity offers a donor-directed option to delay the payments. The longer you wait to receive payments, the higher the payout rate and the larger your income payments will be.
- Qualified Charitable Distribution – The SECURE 2.0 Act, signed into law on December 29, 2022, aims to enhance retirement savings for Americans. Under this Act, individuals may make a one-time distribution to create a Life Income Gift, commonly a Charitable Gift Annuity (CGA), which provides a guaranteed lifetime stream of revenue and charitable remainder unitrusts (CRT) or annuity trusts. *Important terms and conditions apply. Please contact your financial advisor.
All content on this page is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.
1877 Society
When you make a gift to Partnership for Families, Children and Adults from your will or trust, you will be welcomed into the 1877 Society and join other supporters and friends who share your passion for our mission.
Is Partnership already in your plans? Please let us know so we can properly thank you and make sure your gift will be used as you’ve intended.
Bequests
Through a provision in your written and executed will, you can make a gift in the form of cash, securities, real estate or personal property. When making a charitable gift to Partnership for Families, Children and Adults, it is vital that our legal name, address and other identifying details be used. To name Partnership for Families, Children and Adults in your will or trust, please use the following suggested language:
- Remainder
I give and devise to Partnership for Families, Children and Adults, Chattanooga, TN, (EIN 62-1326050) all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program). - Specific Amount
I give and devise to Partnership for Families, Children and Adults, Chattanooga, TN, (EIN 62-1326050) the sum of $ ________________________ (or “____ shares of __________________ stock”) to be used for its general support (or for the support of a specific fund or program). - Contingent Beneficiary
If (insert individual heir’s name) is not living at the time of my demise, I give and devise Partnership for Families, Children and Adults, Chattanooga, TN, (EIN 62-1326050) the sum of $ (or “all” or ” ___________ percentage of the residue of my estate”) to be used for its general support (or for the support of a specific fund or program).
This document is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.
Life Insurance
Beneficiary designations and paid-up life insurance policies are simple ways to leave a charitable legacy. When you make such a gift, you receive an income tax deduction equal to the cash surrender value of the policy. You may be able to use the cash value of your policy to fund a gift that delivers income, such as a charitable gift annuity.
For all gifts of life insurance, please use the following address:
Partnership for Families, Children and Adults
Planned Giving
5600 Brainerd Road, E-3
Chattanooga, TN 37411
Our EIN is #62-1326050
Retirement Plans
Naming Partnership for Families, Children and Adults as a beneficiary of a qualified retirement plan asset, such as a 401(k), 403(b), IRA, Keogh, profit-sharing pension plan or other donor-advised funds, will accomplish a charitable goal while realizing significant tax savings. Simply list Partnership as a beneficiary at the following address:
Partnership for Families, Children and Adults
Planned Giving
5600 Brainerd Road, E-3
Chattanooga, TN 37411
Our EIN is #62-1326050
Donor Advised Fund Beneficiary Designation
Continue your legacy of support by designating Partnership for Families, Children and Adults as a beneficiary to receive all or a portion of the balance of your Donor Advised Fund (DAF) through your fund administrator.
Charitable Trusts
Charitable trusts are structured to provide tax exempt income while allowing you to provide for both your heirs and the charities you can about.
- Lead Trusts
Just as it implies, a charitable lead trust to pays income to Partnership for Families, Children and Adults for a fixed time, then pay the remainder to your heirs. Reduce gift and estate taxes and freeze the taxable value of growing assets before they pass to your family. - Remainder Trusts
This type of trust can provide you or other named individuals with reliable income for a specified length of time up to 20 years, your lifetime, or your beneficiaries’ lifetime. At the end of the trust term, the balance is transferred to one or more charities that can include the Partnership for Families, Children and Adults. At the same time, you may reduce your income taxes, reduce or eliminate estate taxes, and avoid capital gains tax. - Remainder Unitrusts
One innovative method to avoid immediate tax obligations is through a Charitable Remainder Unitrust which allows individuals to transfer assets into a trust that, in turn, generates income for beneficiaries over a set period. Afterward, the remaining assets are donated to a chosen charity. This setup not only supports charitable causes but also provides tax advantages.
Life Income Gifts
Donors who wish to make a significant gift to a nonprofit and still receive a fixed income for a set term or for life often favor the Life Income Gift. The advantage is that you receives an immediate tax deduction while Partnership invests and grows the funds, just as it does an endowment gift. Donors who are still working may elect to defer their annuity payments until they retire, resulting in higher payments.
There are several options for making a charitable gift that pays you income. One of the most popular (and one that does not require an attorney), is a Charitable Gift Annuity.
Charitable Gift Annuity
- This is a simple contract between you and Partnership.
- You may fund your Charitable Gift Annuity with cash, transfer appreciated stock that isn’t paying a dividend, or convert another underperforming asset like a savings account, money market fund or CD bearing little or no interest.
- You will receive payments for life and a tax deduction for the year you make the gift.
Choose from the Charitable Gift Annuity option that works best for you:
- Immediate Gift Annuity – Make your gift, take a deduction, and begin receiving annuity payments right away. This option is available for donors who are age 60 or older.
- Deferred Gift Annuity – Take an immediate deduction and defer payments for retirement. This is usually advantageous for younger donors. Deferment allows for larger and less taxed payments.
- Flexible Gift Annuity – Like a deferred gift annuity, the Flexible Gift Annuity offers a donor-directed option to delay the payments. The longer you wait to receive payments, the higher the payout rate and the larger your income payments will be.
- Qualified Charitable Distribution – The SECURE 2.0 Act, signed into law on December 29, 2022, aims to enhance retirement savings for Americans. Under this Act, individuals may make a one-time distribution to create a Life Income Gift, commonly a Charitable Gift Annuity (CGA), which provides a guaranteed lifetime stream of revenue and charitable remainder unitrusts (CRT) or annuity trusts. *Important terms and conditions apply. Please contact your financial advisor.
This document is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.
The process of making a lasting impact through legacy giving to Partnership for Families, Children and Adults begins with a conversation about your philanthropic goals.