Current IRS regulations allow Individual Retirement Account (IRA) owners over the age of 70 1/2 to make a Qualified Charitable Distribution to non-profits without generating taxable income for the account owner.  The funds must be transferred directly to a qualified 501(c)(3) organization.  

By listing EDHAF as a beneficiary on a new or existing life insurance policy, after your lifetime, some or all of the benefits from your policy can pass to EDHAF free from estate tax. This type of legacy gift can be directed to all or part of an EDHAF endowment or go towards our expendable fund for future grants to local charities and other operational expenses.

You can also list EDHAF as a beneficiary on your retirement accounts.  After your lifetime, the qualified charitable organization will receive the IRA funds tax-free.  The value of the IRA designated to a qualified charity is deducted from your taxable estate, potentially reducing or even eliminating federal estate taxes (and possibly state death taxes) that might otherwise be levied.  

Estate Gifts/Bequests

You can make a bequest to the El Dorado Hills Area Foundation through your will or living trust. Donors who leave a charitable bequest may qualify for an estate tax deduction based on the value of the gift. You can state your bequest as a set amount of cash, securities, or other assets; or as the “residue” or a “percentage of the residue” of your estate.

Charitable Lead Trust (CLT)

A Charitable Lead Trust is a gift of cash or property to an irrevocable trust for specific direction or purpose(s). As established by you (the trustor), EDHAF would receive the income stream from the trust for a set term of years. Depending on how the trust is structured, the donor would benefit from the current income, gift, or estate tax donation write-off on the donated assets.

Charitable Remainder Trust (CRT)

A Charitable Remainder Trust is a gift of cash or other property to an irrevocable trust for future use by a charity. A donor receives an income stream from the trust for a term of years (or for life) and EDHAF would receive the remaining trust assets at the end of the trust term. The donor receives an immediate income tax charitable deduction when the CRT is funded based on the present value of the assets that will eventually go to EDHAF.