This year St. Vincent Meals on Wheels celebrates its 30th anniversary! Don't miss our gala event.
» Learn morePlanned Giving
Leave a legacy of support and love for L.A.’s hungry and homebound—make a planned gift to St. Vincent Meals on Wheels today. By leaving a planned gift to St. Vincent Meals on Wheels, you feed thousands of L.A.’s hungry and homebound for generations to come! You can also:
- Get a lifetime of income
- Reduce your taxes
- Diversify your investment portfolio
- Produce income from your personal residence
In thanks for your planned gift, you’ll become a Founding Member of the Sister Alice Marie Quinn Legacy Society. As a member of the Sister Alice Marie Quinn Legacy Society you will receive:
- Invitations to special events, including a 30th Anniversary Celebration VIP Reception in 2007—for Society members only.
- A permanent Founding Member listing on the Sister Alice Marie Quinn Legacy Society donor wall in the kitchen, plus (with your permission) recognition in our publications.
- A unique Sister Alice Marie Quinn Legacy Society lapel pin.
Planned Giving Options
The key to determining the right planned gift is to balance your wishes for yourself, your family and your charitable interests in your overall estate and financial plans. There are many ways to give planned gifts to St. Vincent Meals on Wheels:
Bequest
A bequest is the most common planned gift. Your attorney can include bequest language in your last will and testament or living trust that directs a specific asset, total dollar amount, or percentage of your residual estate to be given to St. Vincent Meals on Wheels. Your bequest may also include instructions for the specific use of your gift.
Charitable Gift Annuity
A charitable gift annuity pays a guaranteed lifetime income to the donor. The rate of return is based on the age of the beneficiary at the time the gift is made. A portion of the annuity income is tax-free. Once the annuity agreement has been fulfilled, St. Vincent will use the annuity residual as you direct. A gift annuity requires a $10,000 minimum and may be funded with cash or appreciated securities.
Charitable Remainder Trust
A Charitable remainder trust enables you to make a gift while maintaining a secure income. Once the trust agreement has been fulfilled, St. Vincent will use the residual value as you direct. A minimum gift of $50,000 is required to fund a charitable remainder trust. There are two primary forms of trusts:
Unitrust
The beneficiary of this trust arrangement receives income based on a fixed percentage of the fair market value of the trust's assets. Under a unitrust arrangement, the trust assets are revalued annually. If the assets increase in value, the income to the beneficiary will increase. And, if the assets decline in value, income will fall. You can make additional contributions to a unitrust at any time.
Annuity Trust
This trust arrangement is similar to a unitrust, except that the income is fixed, based on a percentage. Unlike the unitrust, annuity trust payments remain constant and will not fluctuate due to changes in the trust’s asset valuation.
Life Insurance
You can transfer policies that are paid-in-full or partially paid to St. Vincent Meals on Wheels as a gift.
Life Estate
You can make a gift of your personal residence or other real estate to St. Vincent Meals on Wheels and continue to retain full use and benefit of the property during your lifetime.
Leave a Legacy of Food and Love for L.A.’s Hungry and Homebound!
To get started, contact Daryl Twerdahl at plannedgiving@stvincentmow.org, or call (213) 484-7325 today!
We thank you for considering St. Vincent Meals on Wheels in your estate plans.
