P lanned giving is a donor service that enables you to give gifts of assets during your lifetime or through a will or testamentary instrument. In other words, it can be given now or later. The process of giving requires planning on the part of donors, their advisors and the IIC. Planned gifts provide enhanced tax benefits and some return income to the donor.

For some, planned giving is seen as “deferred giving”, or gifts that will be deferred until a later time. For example, donors may name the IIC in their will but the actual gift will not be realized until the donor passes away. It could be a simple life-income agreement such as a charitable gift annuity that provides you or a beneficiary named by you with an income for a specified period.

Tax and financial planning considerations may influence the size, assets contributed, and the timing of the gift; but philanthropic intent is the primary motivation for a planned gift.