Ways to Give Later
Leave a Legacy of Hope:
Include Karis in Your Will
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By including Karis in your will or living trust, you can make a lasting impact on our Community Members. Your legacy gift ensures that we can continue to provide vital support and community to those who need it most, long into the future. Gifts can be made in various ways—a specific dollar amount, a percentage of your estate, or a particular asset. These contributions help sustain our work and may provide potential estate tax benefits for your loved ones. Consult an estate planning attorney today!
Support Karis & Secure
Your Family's Future
with a Charitable Lead Trust
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A Charitable Lead Trust is a way to support Karis now while also securing the future for your heirs. Through this trust, Karis receives regular payments for a set number of years. After that time, whatever is left in the trust goes to your heirs or back to you, often with reduced estate or gift taxes, ensuring a stable financial future for your loved ones.
Maximize Your Impact
with a Life Insurance Gift
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Life Insurance Gifts are a simple way to make a significant impact at Karis without a large upfront cost. You can either name Karis Community as a beneficiary of your existing policy or create a new policy with Karis as both the owner and beneficiary. This can maximize your charitable tax benefits while making a meaningful contribution to our mission.
Give and Receive
with Life Income Gifts
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You can make a meaningful gift to Karis without giving up income from your current assets. Options like charitable gift annuities and charitable remainder trusts allow you to receive income while also earning an income tax deduction and reducing estate taxes. When the last beneficiary of the gift passes, the remaining funds go to Karis Community.
Turn Your Real Estate into
a Lasting Gift for Karis
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You can make a generous gift to Karis through real estate in several ways. This could include donating a home, building, or property outright, or setting up a Retained Life Estate, where you contribute your residence to Karis but continue living in it for as long as you wish. These types of gifts can have significant tax benefits, including savings on capital gains and estate taxes, while making a lasting impact on our work.
Maximize Your Giving with
Retirement Plan Assets
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Gifts from retirement accounts like an IRA, 401(k), or Keogh plan can be a smart way to support Karis while benefiting your estate. These assets are often taxed heavily when passed on to heirs, due to both income and estate taxes. However, by naming Karis as a beneficiary, you can make a meaningful contribution and potentially reduce the tax burden on your heirs.
