Outright Gifts

Outright gifts of cash, securities, real estate, or tangible personal property such as coins, stamps, antiques, etc., can be donated. The law provides generous tax deductions and incentives for these gifts. Ask for specific tax information on a gift of this type.

Bequests

After personal and family needs are met, donors can bequeath a specific amount or a percentage of the remainder of their estate to the council. Contributions by bequest are deductible from the taxable estate as a charitable gift. The council can be named a beneficiary, or, if family obligations preclude doing this, the council can be named a contingent beneficiary in the event the first-named beneficiary(ies) should not live to receive the inheritance.


If the donor's will is already written, a simplified codicil (a supplement or addition) can be added to the existing will.

The BSA Pooled Income Fund

The BSA Pooled Income Fund is a charitable remainder trust approved and registered with the IRS to which donors can make irrevocable gifts of cash or securities with a value of $5,000 or more. The donor's gift is pooled with other gifts and invested. Income from that investment is paid to the donor quarterly for the rest of his or her life.

Gift Annuities

The gift annuity is an established method of providing fixed income payments to the donor or others for their lifetime. The amount received is determined by the size of the gift and the age(s) of the donor or other beneficiaries. However, the income received is guaranteed and not subject to market fluctuations. The remainder gift, after all life income rights have terminated, is transferred into the endowment trust fund.