Planned Giving

Extend Your Legacy/Be a Part of Our Future

You can do your part to extend your legacy and the legacy of the Forsyth family through a planned giving opportunity. There are several ways you can make a significant future gift to Forsyth while retaining the income you receive from the asset used to make the gift. Talk to your financial advisor to learn more.

Forsyth offers a variety of gift planning options designed to meet your needs, from providing a steady source of income now to reducing estate taxes later.  Options you may wish to consider:

Bequests

For many donors, a gift made through their will is the best way to make a key contribution to a charitable organization. Donors can leave a specific dollar amount or a percentage of their estate.

Charitable Gift Annuity

A gift annuity is a simple contract between a donor and Forsyth, in which the Institute promises to pay the donor and/or another designated beneficiary a guaranteed, fixed amount of annual income for life. In addition to the dependable income, you receive a charitable income tax deduction and reduced capital gains tax, if the gift is made with appreciated securities. After the death of the last beneficiary, the remainder goes to Forsyth.

Charitable Remainder Trust

A charitable remainder trust is an irrevocable trust which provides income to you or another designated beneficiary during your lifetime(s) and then distributes the remainder to Forsyth upon the death of the last beneficiary. Charitable remainder trusts are a good way to turn low-yielding assets, such as stock with a low dividend, into a higher life-income.

Charitable Lead Trust

A charitable lead trust is the opposite of a remainder trust in that the income is paid to Forsyth for a specified number of years, after which the trust assets go back to you or another designated beneficiary. If you request that the property pass to your children or grandchildren at the end of the term, there can be significant estate tax savings.This is a way to make a generous gift and to transfer assets to children with much lower transfer tax costs.

Retirement Plan

Name Forsyth as the beneficiary of your retirement account, such as a 401(k) or IRA and reduce your taxable estate.

If you have any questions about contributing, or wish to talk with our Development Director Leah Hoover about your giving, a gift of appreciated securities or a planned gift, please call 617.892.8601 or email lhoover@forsyth.org.