Planned Giving
Planned giving is, very simply, a way for charitable donations to be designated to an organization during the donor’s lifetime but the gift is not made available to the recipient until sometime in the future. A planned gift is not limited to cash gifts but can include things such as: wills, bequests, life insurance proceeds, real estate, securities, stocks, RRSP’s and RRIF’s, gifts-in-kind, etc.
While planned giving provides a great benefit to the recipient, it also provides tax, financial, and estate planning benefits to the donor. Besides that, a planned gift is a way to ensure that your legacy will live on as you impact the lives of Columbia students!