Outright Gift of Cash or Check
A gift by cash or check is the most common and easiest method for making a charitable contribution.
Irrevocably contributing an asset provides an immediate income tax deduction.
Current Will or Trust
Your legacy is reflected in your will. A bequest from a will or a living trust lets you pass any amount to UWLC free of estate tax.
Many contributors are attracted to life insurance because it enables them to make a larger gift than they would otherwise be able to make.
The IRA rollover allows donors 70½ or older to donate up to $100,000 from their IRA directly to a qualified charity without having to pay income taxes. The IRS requires owners of IRAs to begin annual withdrawals from these accounts after they turn 72 years old. An IRA rollover gift can meet an IRA’s annual required minimum distribution and reduce taxable income.
Perpetuating your gift through a retirement plan is simple, flexible and tax wise.