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Help Chicago's Inner-City Kids Through Your Estate Planning |
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Did you know that you can make a gift to MEF now and still benefit from the gift during your lifetime?
Planned giving arrangements can benefit both donor and charity. Following are some popular giving options; please contact your attorney to learn more.
- Bequests - Name MEF in your will.
Sample language: I hereby give and bequeath [name dollar amount or percentage of the residue of your estate] to Midtown Educational Foundation, located at 718 S. Loomis Street, Chicago IL 60607 (tax ID #36-3417278), or its successors-in-interest, to be used for general charitable purposes.
- Life insurance – You don’t need a large estate to make a significant gift.
- Retirement Plan - Donate assets that are subject to heavy taxation, then leave more to your family.
- Charitable Lead Trust – An innovative way to pass appreciating assets on to family members while making gifts in the interim.
- Charitable Remainder Annuity Trust – Make a large gift and receive a fixed-income payout each year.
- Charitable Remainder Unitrust – Make a large gift and receive a flexible source of retirement income.
- Retained Life Estate – Receive a large deduction by donating a residence while retaining the right to live there for life.
Your legacy can help sustain MEF’s work for generations to come. For details, please contact your attorney.
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