United Way of the Southern Tier

Planned giving

What if you could give a gift that lasts forever?

Few things about the future are known for certain, but it is reasonable to assume that the needs of people living in our community will never go away. That is why it is crucial that United Way of the Southern Tier continues to perform its vitally important role in community building.
United Way uniquely supports a circle of community services and agencies that address priority issues of Southern Tier citizens.
Every year, many loyal campaign donors demonstrate a commitment to make our community a better place to live by pledging their gifts to United Way. But what will happen in the future? How can all those critical human service programs that are supported now through annual campaign gifts to United Way continue to improve people's lives in our community?
How can a source of funds be built to support the mission of United Way today as well as in the future? The answer is through planned giving.
Planned giving provides donors with another way of caring with several ways to create a planned gift. An appropriately planned charitable gift to United Way of the Southern Tier not only helps the community, but it can provide significant estate planning rewards for the donor, as well.
Donors should consult with their financial advisors or estate planning professionals to select a planned gift that balances their individual needs and wishes, as well as their personal circumstances and interests in United Way of the Southern Tier.

Ways to Make a Planned Gift

Here are some ways you can make a planned gift that can make a significant, lasting impact and show how you deeply care for our community:

  • Give an outright gift of assets during your lifetime.
    Gifts of appreciated stocks, mutual funds and other securities can have an immediate benefit for United Way and provide ideal tax savings for the donor. Charitable gifts made from appreciated securities held for at least one year and one day provide two tax savings, such as a charitable deduction and avoidance of capital gains tax. Also, funds that are donated in excess of the maximum amounts owed may be used to reduce taxes in up to five future tax years.
  • Give by making a bequest in a will.
    Naming United Way of the Southern Tier in your will is one of the simplest ways to make a lasting charitable gift. Bequests may be in the form of a stated dollar amount, a percentage of an estate residual or particular pieces of property.
  • Designate life insurance proceeds.
    Life insurance is another simple way to make an enduring gift while realizing significant tax benefits. For example, you can name United Way of the Southern Tier the beneficiary of an existing policy, or of a paid-up policy you already own.
  • Give through your retirement plan.
    You may name United Way of the Southern Tier as the beneficiary of a portion of your IRA, 401(k) or other retirement plan. This method is a popular planned gift option, as assets from an IRA that are passed to a surviving beneficiary are subject to income taxes. Charitable gifts made from a retirement plan are deductible for estate tax purposes, allowing one's heirs to avoid income tax on the amount that is gifted to charity.
  • Stocks and securities.
    Giving stocks and securities can be a generous and smart way to invest in our community. For more information on this giving option, contact Lisa Gill, Finance Director, by or at (607) 936-3753, ext. 204.

Consult with your financial advisor to determine the best method of giving for you. Click here for a one-page reference sheet to take to your appointment.

If you do choose to include United Way of the Southern Tier in your estate planning, please let us know so we can acknowledge you properly. Please call , President and CEO, at (607) 936-3753, ext. 218.

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