Making a charitable bequest to CCSA Foundation has many benefits: 

• A bequest costs nothing now, yet gives you the satisfaction of knowing you have provided for CCSA in the future
• You retain control of and use of your assets during your lifetime
• You may modify your bequest if circumstances change
• You remove assets from your taxable estate

And it’s easy to do! 

Simply include the following language in your will:

I give to CCSA Foundation (EIN - 20-3297449), located in Chester, Pennsylvania, organized and existing under the laws of the Commonwealth of Pennsylvania, the sum of $__________________ [or __________% of the rest, residue and remainder of my estate] to be used for its general purpose.

Make a Gift That Pays You Income for Life

Charitable Gift Annuities allow you to support CCSA Foundation and feel confident that you have dependable income in your retirement years.

This type of donation can provide you with regular payments and allow us to further our work. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.

How It Works

You make a contribution to CCSA in the form of cash or securities, and we agree to pay you, or someone you name, fixed payments for the rest of your life starting at any date you select that is at least one year from now.

Payments are based on your age on the date of the gift. The older the annuitant and the longer the deferral, the higher the rate of the annual annuity payments.

After your lifetime, the remaining balance of your gift supports our mission. Some advantages to a Charitable Gift Annuity include:

• A partial charitable deduction, when you itemize
• Payments for life (starting now or deferred)
• Capital gains income reportable over your life expectancy

Example

Michael, 55, gives us $40,000 in appreciated stock that he has owned longer than one year in exchange for a deferred gift annuity that will begin making payments 10 years from now. His cost basis in the stock is $10,000. Using the suggested rates, Michael's deferred annuity will pay at an annual rate of 5.5%, or $2,200. His federal income tax charitable deduction will be approximately $12,515.* If Michael is in the 32% income tax bracket, this charitable deduction will result in a tax savings of $4,005.

*Based on a 1.2% percent charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.

Designate Your Assets for CCSA Foundation's Future

For many people, a retirement account like an IRA or 401(k) may be the most significant source of assets accumulated in their lifetime. Others may find that they do not need all the funds in their retirement accounts.  Donating your retirement assets to CCSA Foundation can have significant tax advantages, and in certain situations, may mean more funds for CCSA and your heirs alike. 

To name CCSA Foundation as a beneficiary of your retirement plan, simply fill out a Change of Beneficiary Form available from your plan or policy provider. You can also name CCSA Foundation as a percentage beneficiary with your spouse.

Donating During Your Lifetime: IRA Charitable Rollover

The IRA Charitable Rollover provides an excellent opportunity to make a gift during your lifetime from an asset that would be subject to multiple levels of taxation if it remained in your taxable estate. 

To qualify, you must be age 70 1⁄2 or older at the time of gift, and transfers must be made directly from you IRA account to CCSA Foundation. By making a gift from your IRA, you can satisfy your annual required minimum distribution – up to $100,000 - without reporting additional taxable income. 

Donating your life insurance to CCSA Foundation may result in an attractive tax deduction.  As with retirement assets, simply fill out a Change of Beneficiary Form available from your plan or policy provider.